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Rebound in Rates Puts Pressure on Banks
Finances

Rebound in Rates Puts Pressure on Banks

U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates. Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Ares Dynamic Credit Allocation Fund (ARDC) Declares $0.11 Dividend

Ares Dynamic Credit Allocation Fund said on April 11, 2023 that its board of directors declared a regular monthly dividend of $0.11 per share ($1.35