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Moody's downgrades US credit rating over rising debt
Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising government debt as causing the move.
U.S. loses final triple-A credit rating. Market reaction uncertain but ‘it’s not good news.’
Rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service downgraded the government, stripping its last triple-A rating.
Consumer sentiment worsens despite Trump's rollback of tariffs, survey says
Consumer attitudes soured in May for the fourth consecutive month, even as President Donald Trump dialed back some tariffs. The reading came in below the level economists expected. Shopper sentiment
Swiss running brand On became $3 billion richer in the last week. It’s coming for Nike and Adidas next
On, with the help of Zendaya, Roger Federer, and Elmo, keeps defying revenue expectations on its way to a $20 billion market cap.
The Trump Administration’s New ‘Big Star’ Could Make All the Difference for Markets
The past few weeks have seen a shift in U.S. politics that the markets are still trying to digest. Most visibly, Treasury Secretary Scott Bessent has taken a lead role among the president’s advisers.
Europe Waits to Find Out Where Trump Swerves to Next on Russia
European officials have no idea what President Donald Trump will say next about Russia’s war in Ukraine — or where that may leave them.
Potteries urged to look to future amid closures
Firms in the pottery industry in Stoke-on-Trent have been urged to move to new technology in the wake of the closure of several high-profile businesses. Tony Kinsella, at science consultancy firm
Tradeweb Is Looking to Come to a Bond Market Near You
Tradeweb is a big-time Wall Street success story, but as an institutional business, it’s a bit under the radar.
South Korea's Kumho Tire plant production suspended due to fire
Production at Kumho Tire's largest factory in South Korea was suspended due to a fire that broke out on Saturday morning, a company spokesperson said. One employee and two firefighters have been
(LEAD) N.K. leader Kim oversees anti-air combat, air raid drills, calls for stronger war preparations
North Korean leader Kim Jong-un oversaw anti-air combat and air raid drills by an air force flight group this week, stressing the need for constant and stronger war preparations across all military
Virginia Beach Restaurant Association reacts to meal tax increase to 6%
Virginia Beach’s approved fiscal year 2026 budget included a half-percent increase to the meals tax, raising it to 6% beginning July 1. The budget passed Tuesday in a 10-1 vote and includes the
Study calls for greater coordination between the European Central Bank and national fiscal policies
Researchers at the University of Seville have analyzed interdependencies between fiscal and monetary policies and economic growth in Eurozone countries. The study highlights the need for greater
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