Over the quarter, Franklin California Tax-Free Income Fund underperformed its benchmark, the Linked Bloomberg Muni Bond ...

S&P Global Ratings has dinged L.A.’s bond ratings as the city wrestles with a nearly $1 billion budget shortfall.

The next federal government should be thinking about ways to get control of the financially imprudent behaviour of the state ...

LOS ANGELES - S&P Global Ratings has downgraded the City of Los Angeles' bond ratings, signaling increased financial distress as the city struggles to close a nearly $1-billion budget deficit. On ...

This achievement highlights our commitment to operational excellence and positions us to invest in innovative health care ...

So if you invest in this type of high-yield fund now, you have potential for capital gains as bonds mature. The two funds are managed a bit differently, with the BrandywineGlobal Corporate Credit Fund ...

The debt is spread across three programs and will contribute to park and transportation projects as well as city fleet assets ...

The bond rating downgrades came days after Mayor Karen Bass outlined the city’s stark economic situation in her proposed ...

Los Angeles Mayor Karen Bass is currently seeking a state bailout, but given that the state says it has “no capacity” for new ...

Standard & Poor's 500 downgraded its credit rating of city of Los Angeles general obligation bonds, citing its “weakening ...

As Maryland grapples with financial challenges and unpredictable federal cuts, top political leaders are bracing for rating ...