Private credit funds, or BDCs, have raised more than $13.4 billion in the U.S. investment-grade bond market so far this year.

Finance teams should prioritize the technology acceptance rate over the number or frequency of tech enhancements.

Officials voted unanimously to keep the benchmark federal funds rate in a range of 5.25% to 5.5%—a two-decade high first reached last July.

The construction firm is being sued over the fees retirement plan participants paid after being defaulted into managed accounts.