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Nifty, Sensex close a percent in the red after last hour of comeback

Indian stock markets plunged in early morning trade following cues from Wall Street as rating agenc…

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Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help

Su encouraged negotiations during the stoppage earlier this month involving 45,000 dockworkers on t…

Shubhangi Goel   


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Israel downgraded by another big credit ratings agency as Middle East tensions escalate

Israel's economy is likely to suffer if there's a drawn-out conflict in the Middle East, S&P Global…

George Glover   


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US stocks fall as Moody's downgrades drag bank shares lower

The August stock sell-off gained more steam after the ratings giant made 27 ratings actions on a sl…

Phil Rosen   


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Stocks fall as Fitch's downgrade of US debt rating rattles confidence

Fitch downgraded the long-term outlook for the US from AAA to AA+ on Tuesday, pointing to "expected…

Phil Rosen   


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'Growth company with no growth': Wells Fargo says Tesla stock could drop 23% in scathing downgrade

Wells Fargo downgraded Tesla stock, slashing its price target for Elon Musk's car company from $200…

Jennifer Sor   


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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   


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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   


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Janet Yellen says she disagrees with Moody's downgrade of its outlook for the US, as the economy is strong and Treasurys are the 'preeminent' safe asset

"This is a decision I disagree with," Yellen said of Moody's US outlook downgrade, emphasizing the …

Jennifer Sor   


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S&P downgrades Vedanta Resources to 'selective default' after debt extension

S&P Global Ratings has downgraded debt-laden Vedanta Resources Ltd to 'selective default' after the…

PTI   


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Fed policy is weighing on US banks. Here's everything to know about the Moody's downgrades.

Moody's downgraded 10 US banks on Monday, and placed other lenders under review for potential ratin…

Phil Rosen   


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US stocks drop as bank shares slide after Moody's downgrades 10 firms

The ratings giant slashed the ratings for 10 lenders and also put a handful of other banks on watch…

Phil Rosen   


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From bankruptcies to price wars, the US freight recession is reshaping the industry

Bankruptcies and aggressive price cuts have defined the freight recession. It may take more default…

Filip De Mott   


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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   


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FPIs rush to sell EM equities in August after US downgrade, flows positive for India

FPIs have continued to invest in high beta stocks and sectors in India despite US sovereign rating …

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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…   


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Fitch warns it may have to downgrade slew of US banks including giants like JPMorgan

A Fitch analyst said another cut to the banking industry's operating environment score would put in…

Phil Rosen   


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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   


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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   


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The January 6 riot factored into Fitch's shock US credit rating downgrade, report says

The ratings agency cited the insurrection as an example of political polarization, a senior directo…

George Glover