Ares Capital remains a top BDC, but faces headwinds and thin dividend coverage that raise sustainability concerns. Read why ...

US President Trump has appointed economist Stephen Miran to the Federal Reserve Board for a short-term role lasting until January 2026. A staunch advocate of tariffs and rate cuts, Miran’s nomination ...

The yen was a touch weaker on the day against the dollar, which fell 0.31% to 147.560 yen. The dollar also rose 0.25% against the euro to $1.163775 and strengthened 0.29% against the Swiss franc to 0.

Analysts have revised their outlook on a rate cut, citing signs of weakness in the labor market and uncertainty surrounding ...