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 07:57
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
Harris Rejects DeSantis Invitation to Discuss Black History
Vice President Kamala Harris publicly rejected Republican presidential challenger Ron DeSantis’s invitation to visit Florida to discuss the
2023-08-02 03:20
CVS to Cut 5,000 Jobs Amid Shift Away From Retail Focus
CVS Health Corp. will cut 5,000 positions from its workforce to help cut costs as the drugstore chain
2023-08-02 00:16
Ford Restarts EV Truck Plant as Price Cuts Spark More Demand
Ford Motor Co. restarted production of F-150 electric Lightning pickup truck as it bets price cuts will spark
2023-08-01 23:46
Mexico’s AMLO Proposes Work Training Plan for Foreign Migrants
President Andres Manuel Lopez Obrador said his government may provide labor-training programs for migrants to work on infrastructure
2023-08-01 23:28
Ratings Firms Struggle With Climate Risk in $133 Trillion Market
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a
2023-08-01 22:47
European Stocks Drop as Earnings Season Weighs; BMW Drags Autos
European stocks dropped on Tuesday as the worst earnings season since 2020 rolled on. BMW AG led auto
2023-08-01 21:56
Merck Raises 2023 Sales Forecast as Cancer Drug Keytruda, Gardasil Vaccine Surge
Merck & Co.’s Keytruda and Gardasil soundly beat analysts’ estimates for quarterly sales, driving the company’s annual revenue
2023-08-01 19:29
Strategists Scramble to Catch Up as S&P 500 Rally Rumbles On
There’s a shift in tone happening across Wall Street. Oppenheimer Asset Management’s Chief Investment Strategist John Stoltzfus lifted
2023-08-01 17:51
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 15:22
CVS to Cut About 5,000 Jobs in Cost-Reduction Push, WSJ Reports
CVS Health Corp. said it would cut about 5,000 jobs to help reduce costs, with most of the
2023-08-01 11:24