Jordan Wathen

Here's the list of the best mutual funds of 2015, and what you can learn from their top performance.

When businesses ask their customers to use a specific card, customers often listen. Here's why this could be a blow to American Express.

A Department of Justice decision against American Express sheds some interesting light on credit card networks' pricing decisions. Competition on merchant fees has been mostly nonexistent for more than a decade.

Form 1099-C often comes as a concerning surprise at tax time. Here's what you need to know about reporting forgiven debt as income.

Here's a real-world example that shows the risks, rewards, and opportunities in investing in convertible bonds.

Here's what one Ares Capital executive had to say about TICC Capital and the future for consolidation in the BDC industry.

Fifth Street Finance may have dressed up its portfolio as its external manager went through its IPO process. Here's how BDCs can fudge their credit quality metrics by keeping their investments on life support.

Shares of the payment technology business popped as investors digested improved guidance for fiscal 2016.

Interest income may feel like free money, but it's rarely tax-free. Here's a guide to the form 1099-INT for interest income.

Ares Capital's $100 million repurchase plan won't move the needle, if it's even used at all.

Led by legendary investor Bill Ackman, Pershing Square has managed to beat the market when stocks are rising and when they're falling. Can the winning streak continue?

American Capital's preliminary proxy filing shows a road map for its future as two separate companies.

Mark-to-market losses may lead to a weaker quarter at American Capital.

The market is punishing BDCs that made beefy energy bets, but the worst case for PennantPark is probably priced in. Here's why you should keep this BDC on your watchlist.

A simple sensitivity analysis shows the market is already pricing in substantial losses from the company's commodity-sensitive investments.

Raging Capital, an activist investor and 5% owner of TICC Capital, is throwing its weight around in the search for a replacement for TICC's management team.

How a good loan goes bad.

Shares of First Niagara popped on news that the company is putting itself on the auction block.

Shares of the single-family home REIT jumped on news that it would acquire Colony American, creating one of the largest single-family home investing companies.

It's only a matter of time until Medallion Financial's delinquencies turn into loan losses.