Companies backed by private capital continue squeezed by stubbornly high interest rates and expected impact of Trump tariffs.
The president insists latest data is a cue for Fed Chair Jerome Powell to follow in Europe and China's footsteps.
A smaller-than-expected inflation print for April was welcome news for investors bracing for tariff impacts.
GOP lawmakers mostly representing New York, New Jersey, and California put Trump's multi-trillion-dollar tax agenda at risk.
Draft legislation filed Sunday night, projected to save the government more than $900 billion, would cost millions of people health insurance coverage within a decade.
Strategists expect municipal bonds to best Treasuries during the four-month window from May until August, following a historical trend.
A statement highlighting benefits of a threefold increase in the deduction adds the Republican's voice to thorny tax debate.
Wirehouses and broker dealers stand to lose up to $30 billion a year if mutual fund managers are allowed to add ETF share classes to their current strategies, according to a new analysis.
Preliminary earnings reports reveal softness among BDCs, with some expecting challenges to leak in from tariff tensions.
Buyouts, layoffs, early retirements, and hiring freezes have added up to the steepest cuts in decades at the SEC and other federal agencies.