Fitch downgrades US credit rating, citing mounting debt and political divisions
Fitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades
2023-08-02 06:18
Peru economy shrinks for two straight quarters, minister denies recession
Peru's finance minister said on Tuesday that preliminary data showed the country's economy shrank in June, marking two
2023-08-02 06:17
Fitch cuts US government's AAA credit rating by one notch
Ratings agency Fitch on Tuesday downgraded the U.S. government's top credit rating to AA+ from AAA, citing an
2023-08-02 05:58
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
2023-08-02 05:57
Marketmind: US macro 'pain trade' bites
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-02 05:52
Insurer Prudential Financial's profit rises on strong gains in U.S. unit
Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer's U.S. unit benefited
2023-08-02 05:26
Estate of Henrietta Lacks reaches settlement with biotech company for nonconsensual use of her cells in medical research
The family of Henrietta Lacks, a Black woman whose cells have been used for scientific research for decades, reached a settlement Tuesday with the biotech company Thermo Fisher Scientific, the family's attorneys said.
2023-08-02 05:24
Shale producers Pioneer Natural, Devon post sharp drop in second-quarter profits
(Reuters) -Pioneer Natural Resources Co and Devon Energy Corp posted a sharp drop in their second-quarter profits on Tuesday, as
2023-08-02 05:21
Americans are 'unwittingly funding' blacklisted Chinese companies, Congressional panel says
A Congressional select committee is investigating BlackRock, the world's largest asset manager, and MSCI, one of the biggest providers of index funds, to determine whether they are investing Americans' savings in Chinese companies blacklisted by the US government for security and human rights issues.
2023-08-02 05:19
An accomplice to convicted murderer Alex Murdaugh's financial misdeeds gets seven years in prison
The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements
2023-08-02 04:59
Lunchables is heading to the produce aisle with a fresh fruit snack tray
said
2023-08-02 04:48
GM recalls more vehicles with Takata air bag inflators that could explode
General Motors said Tuesday is recalling almost 900 vehicles worldwide because the Takata-made air bag inflator may explode, potentially striking drivers and passengers with sharp metal fragments.
2023-08-02 04:46