Fitch Says US Fiscal Metrics and Governance Spurred Credit-Rating Cut
Weakening US fiscal metrics and governance, highlighted by political wrangling over the debt ceiling, were at the heart
2023-08-03 01:50
Treasury Downplays Fitch Rating, Sees ‘Limited’ Yield Impact at Most
A senior Treasury official said there’s limited implications for the price of government debt from the move by
2023-08-02 23:26
Bitcoin’s Outlook May Hinge on US Soft Landing, Grayscale’s Pandl Says
The crypto market rebound this year could have room to run if the US economy manages to achieve
2023-08-02 16:27
Australia Could Extend TikTok Ban to WeChat, Senate Report Says
Australia should consider extending a ban on TikTok from government devises to include WeChat, a panel of lawmakers
2023-08-02 15:47
Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:16
Analysts Say US Dollar’s Drop on Fitch Downgrade Unlikely to Persist
Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although
2023-08-02 10:46
US-EU Steel Talks Inch Ahead as Time for a Deal Runs Short
The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel
2023-08-02 10:19
US Credit Downgrade by Fitch Attacked as Baseless by Biden Officials
Biden administration officials objected strenuously to a decision by Fitch Ratings to strip the US of its top-tier
2023-08-02 07:54
US Credit Rating Downgraded From AAA by Fitch
The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning
2023-08-02 07:48
Glen Point’s Phillips Says US Trying to Criminalize FX Trading
Glen Point Capital co-founder Neil Phillips urged a federal judge to throw out charges that he tried to
2023-08-02 04:27
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:21
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:18