Los Angeles municipal bond issuers should be able to absorb losses caused by fires in the region without disrupting payments ...

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...

President Donald Trump told reporters on Friday nothing can be done by Canada, Mexico and China to forestall tariffs, adding that something "very substantial" was planned for tariffs ...

While the president does order something to be done, there are no mechanisms or details on how to achieve anything. Problems ...

PIMCO New York Municipal Fund earns an Average Process Pillar rating. The largest contributor to the rating is the firm's retention rate of the firm's portfolio managers, which is 83% over the ...

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- PIMCO California Municipal Income Fund (NYSE: PCQ), PIMCO California Municipal Income Fund II (NYSE: PCK), PIMCO California Municipal Income Fund III ...

PIMCO Expects No Disruption to LA Muni Bondholder Payments After Fires By Davide Barbuscia NEW YORK (Reuters) - Los Angeles municipal bond issuers should be able to absorb losses caused by fires ...

“Water provider liability for fire damage is not without precedent,” Newport Beach-based Pimco said. “Inverse condemnation laws in California increase the potential of utilities being found ...

Pimco, one of the world’s largest bond managers, is sitting on one of the most profitable investments in its 50-year history. It’s a stock.

The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the utility’s response to the Palisades Fire, according to Pacific Investment ...

said the people, who declined to be identified because the information is private. Representatives for Pimco, Apollo and Morgan Stanley declined to comment.