Fitch's historic downgrade may be a black eye for the US but not much more
There may not be any lasting major negative ramifications from the surprise US credit rating downgrade by Fitch this week — not for the economy, not for consumers and not for the government's ability to borrow.
2023-08-03 05:45
Janet Yellen: Credit downgrade 'puzzling' and unwarranted'
Janet Yellen defends the US, as stock markets fall after credit downgrade.
2023-08-03 03:22
'The numbers speak for themselves.' Fitch defends US debt downgrade
Fitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation's mountain of debt.
2023-08-03 00:59
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
2023-08-02 05:59
Defense firm Leidos raises annual revenue outlook on weapons demand
Leidos Holdings Inc on Tuesday raised its full-year revenue forecast as the defense contractor benefited from resilient weapons
2023-08-01 19:24
UK's Domino's Pizza unveils $90 million share buyback, raises profit forecast
Britain's Domino's Pizza Group announced a 70 million pound ($89.78 million) share buyback programme on Tuesday and raised
2023-08-01 14:54
Takeaways from presidential super PACs' mid-year financial disclosures
Super PACs backing presidential candidates released their semi-annual financial disclosures on Monday, with the group supporting Florida Gov. Ron DeSantis' bid for president leading the pack with a $130 million haul.
2023-08-01 13:26
Prices in UK Shops Drop for the First Time in Two Years
Prices in UK stores fell for the first time in two years, in another sign that the cost-of-living
2023-08-01 07:27
European Stocks Weighed Down by Earnings Hit; Heineken Slumps
European stocks edged lower as the weakest corporate earnings season since 2020 outweighed optimism that interest rates were
2023-07-31 15:49
DOT proposes new car standards that would modestly raise fuel economy and push the sale of EVs
The Biden administration on Friday proposed modest increases to fuel efficiency standards for the vehicles most Americans drive. The proposal fits alongside the administration's push for increasing the share of electric vehicles on the roads.
2023-07-29 05:20
Italy's Leonardo to focus on 'bytes and data', new CEO says
By Alvise Armellini ROME (Reuters) -Italy's state-controlled defence and aerospace group Leonardo needs to focus on the fast-growing cybersecurity and
2023-07-29 02:47
Why is the US dollar losing its shine?
The US dollar's decline has gained speed this month as investors pare back their interest rate expectations.
2023-07-28 19:25