Rampant DC dysfunction made America's credit downgrade inevitable
For only the second time in history, America lost its perfect rating on its long-term debt — the exact thing everyone said would happen when lawmakers decided to play chicken with the full faith and credit of the United States.
2023-08-03 17:24
German exports stagnate in June amid weak demand from abroad
BERLIN German exports stagnated in June, with a smaller than expected rise of 0.1% over the previous month,
2023-08-03 14:50
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 05:54
Janet Yellen: Credit downgrade 'puzzling' and unwarranted'
Janet Yellen defends the US, as stock markets fall after credit downgrade.
2023-08-03 03:23
'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 00:47
America's credit rating got downgraded again. Here's what happened the last time
Fitch Ratings downgraded US long-term debt late on Tuesday from AAA to AA+, citing this spring's debt ceiling standoff as a major reason.
2023-08-02 19:50
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
2023-08-02 05:55
Stocks are having their best run since 2021. Can they beat the August doldrums?
US markets just wrapped up a winning July, with the S&P 500 and Nasdaq both notching their fifth positive month in a row.
2023-08-01 19:46
South Korea July exports fall at steepest pace in over three years
By Jihoon Lee SEOUL (Reuters) -South Korea's exports fell more than expected in July and at the steepest pace in
2023-08-01 08:51
Coinbase CEO says complying with SEC request would have been the 'end of the crypto industry in the US'
The Securities and Exchange Commission asked Coinbase to halt trading on all cryptocurrencies except for bitcoin before it sued the company in June, Coinbase's chief executive told the Financial Times.
2023-08-01 02:28
Middle-income Americans think prosperity is within reach
It's a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that's been exacerbated by the Federal Reserve's continued efforts to raise interest rates.
2023-07-31 19:52
Thailand's economy on recovery path as tourism rises
BANGKOK Thailand's economic recovery remained on track in June as the tourism sector expanded in line with higher
2023-07-31 15:50