Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:27
Bankman-Fried Claims Jailing Him Would Violate Free-Speech Right
FTX co-founder Samuel Bankman-Fried claims that revoking his bond and jailing him for speaking with a newspaper reporter
2023-08-02 11:24
Analysts Say US Dollar’s Drop on Fitch Downgrade Unlikely to Persist
Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although
2023-08-02 10:58
Treasuries Edge Up as Haven as Fitch Downgrade Spurs Volatility
US Treasuries drifted higher after Fitch Ratings stripped the US of its top-tier sovereign rating, spurring modest demand
2023-08-02 10:46
Tesla’s NDA Breach Claim Against Rivian Employees Heads to Trial
Almost a dozen former Tesla Inc. employees who left to work Rivian Automotive Inc. can’t avoid a trial
2023-08-02 10:27
US-EU Steel Talks Inch Ahead as Time for a Deal Runs Short
The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel
2023-08-02 10:25
Trump’s Third Indictment Spurs Pence’s Rebuke of Former Boss
Mike Pence delivered his strongest criticism yet of Donald Trump, after his onetime boss and current 2024 rival
2023-08-02 09:50
Global Equities Enjoy Their Best Year-to-Date Gain Since 2009
Global markets have posted their largest year-to-date gains since 2009 when markets recovered from the global financial crisis.
2023-08-02 09:47
AMD Gains After Chipmaker Tops Estimates, Makes AI Inroads
Advanced Micro Devices Inc. gained in late trading after the chipmaker topped second-quarter estimates and touted inroads in
2023-08-02 08:17
Credit Suisse to Shutter Houston Office as Part of UBS Takeover
Credit Suisse Group AG is closing its office in Houston as part of the bank’s emergency takeover by
2023-08-02 07:59
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 07:51
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 07:45