You Searched For "fitch downgrade" and got 19 results
Sort By:
2 mins read
Fitch's downgrade of the US economy is 'strange' and 'bizarre,' top officials and analysts say
Treasury Secretary Janet Yellen led the charge, saying Fitch based its downgrade is "arbitrary and …
Huileng Tan
2 mins read
Fitch downgrades US credit rating citing 'steady deterioration' of US governance amid frequent debt ceiling battles
The sudden downgrade comes after yet another tumultuous battle over the debt ceiling, which narrowl…
Brent D. Griffiths,Juliana Ka…
1 min read
Fitch official confirms that January 6 Capitol riot was partially behind its controversial US downgrade
The Treasury Department and multiple economists have harshly criticized Fitch's decision to downgra…
Brent D. Griffiths
1 min read
Fitch just downgraded US debt. Goldman Sachs says it's no big deal.
Fitch didn't change its economic forecasts and the downgrade doesn't reflect any new fiscal informa…
Phil Rosen
2 mins read
These 12 states now have a better credit rating than the US government
Most US states don't have as dramatic of a political fight when it comes to balancing state budgets…
Matthew Fox
1 min read
Fitch Downgrades New Jersey's Credit Rating
In a statement announcing the decision Fitch attributed the downgrade to several key factors. Speci…
Hunter Walker
1 min read
Tata Motors downgraded again, thanks to slow India business and ‘elevated risks’ from Jaguar Land Rover
Another ratings agency has downgraded Tata Motors to ‘BB-’ with a negative outlook. Fitch Ratings h…
1 min read
US stocks extend sell-off as bond yields jump following Fitch downgrade of US credit rating
Investors are waiting for financials from Apple and Amazon, which are set to report earnings after …
Jennifer Sor
2 mins read
Fitch downgraded WeWork's debt even further into junk with a scathing assessment of its 'precarious' funding trap
"While Fitch is not seeing evidence of this at present, Fitch sees the potential for WeWork's busin…
Yusuf Khan
1 min read
US credit downgrade means junk sovereign bonds now outweigh AAA debt for the first time, Fitch says
AAA bonds no longer make up the largest nominal share of the sovereign market when measured by outs…
Filip De Mott
2 mins read
The US dollar and Treasurys remain global safe havens even after Fitch's debt downgrade, Goldman Sachs says
"Investors still need to turn to Treasuries when they need safety in a hurry. For similar reasons, …
Matthew Fox
1 min read
'Rich Dad Poor Dad' author Robert Kiyosaki warns of a market 'crash landing' after US credit rating gets slashed
Kiyosaki, a frequent economic doomsayer, has been sounding the alarm for an epic stock market crash…
Jennifer Sor
2 mins read
Fitch warns a Russian debt default is 'imminent' as it cuts the country's credit rating again
A Russian default is 'imminent', the credit ratings agency said as it downgraded from to a C rating…
Adam Morgan McCarthy
2 mins read
America's credit score got slashed – but that's not the economic disaster it sounds like
Even after Fitch's surprise downgrade, the US holds the same credit rating as Canada and is seen as…
George Glover
2 mins read
$10 billion of Chicago's debt was just downgraded to one level above junk
"Fitch believes last week's Illinois Supreme Court ruling striking down pension reform legislation …
Bob Bryan
3 mins read
Jamie Dimon, Larry Summers blast Fitch's shock US downgrade as 'ridiculous' and 'bizarre and inept'
The ratings agency's decision to cut the US government's credit score sparked some furious reaction…
Zahra Tayeb
1 min read
'Shark Tank' star Kevin O'Leary says US debt-rating downgrade means there's less faith in the dollar and Treasurys
"There's no way to sugarcoat this at all. It's bad," Kevin O'Leary told Fox News on Wednesday.
Filip De Mott
2 mins read
Wall Street starts fretting about US debt again after months of easy stock-market gains
Ray Dalio warned investors about the US's rising debt – and now Wall Street is worrying about the g…
Joseph Wilkins,George Glover
2 mins read
The world's debt is on pace to set a distressing record
"The partial recovery in commodity prices in 1H16 has led to improved market sentiment towards emer…