An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...
The Federal Reserve is far from done with its rate-cutting regime. This is how investors can prepare.
As was widely expected, the Federal Reserve cut its benchmark interest rate by 25 basis points at its September 16-17 meeting. And more rate cuts are coming, probably as soon as the next Fed meeting ...
Lower interest rates negatively impact BDCs' net investment income due to the floating rate nature of their loans tied to the Fed Funds rate. A typical BDC portfolio, with a debt to equity ratio of ...