Category: Junk Bonds

How the Fed Cutting Interest Rates Affects Banks, Stocks and More

For corporate America, this week’s expected interest rate cut carries risks along with rewards.
Corporate America Has Dodged the Damage of High Rates. For Now.

Small businesses and risky borrowers face rising costs from the Federal Reserve’s moves, but the biggest companies have avoided taking a hit.
Gary Winnick, Who Won and Lost With Global Crossing, Dies at 76

He masterminded the building of a transoceanic fiber-optics network to speed the internet and phone traffic. But in five years the company went bankrupt in a historic failure.
Why Bonds Are Still Essential Investments

Stocks command most of the attention. But even after the latest U.S. debt downgrade, bonds are steady, essential investments, our columnist says.

How the Fed Cutting Interest Rates Affects Banks, Stocks and More