business news

The Fitch analyst behind the U.S. downgrade breaks down the decision—and how the country can regain the top rating

It’s not a growing jobs market, strong U.S. dollar or a resilient economy that will help the U.S. regain the…

Trump’s GOP allies vent about Hunter Biden after latest special counsel indictment

Former President Donald Trump’s Republican allies in Congress rushed to his defense following his latest criminal indictment, this time accusing…

Treasury Secretary Yellen says surprising Fitch downgrade is ‘entirely unwarranted’

WASHINGTON — Treasury Secretary Janet Yellen on Wednesday denounced Fitch’s decision to downgrade the United States’ longstanding credit rating that…

Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more

Check out the companies making the biggest moves midday. SolarEdge Technologies — The solar stock tumbled 18.36% after the company…

Trump indictment reveals new details of Jan. 6, pressure campaign to subvert election

The new indictment of Donald Trump reveals previously unknown details about his and his allies’ efforts to prevent President Joe…

Trump defense lawyer calls trial timeline ‘absurd,’ singles out co-conspirator John Eastman

An attorney defending Donald Trump in his newest criminal case argued Wednesday that the former president’s efforts to reverse his…

WWE boss Vince McMahon hit with federal grand jury subpoena and search warrant, company reveals

Federal law enforcement agents executed a search warrant on World Wrestling Entertainment boss Vince McMahon last month and served him…

Private sector added 324,000 jobs in July, well above expectations, ADP says

Private sector companies added far more jobs than expected in July, pushed higher by a boom in leisure and hospitality…

Stocks making the biggest moves premarket: Match Group, CVS, Paycom and more

Check out the companies making headlines before the bell Wednesday. CVS Health — Shares of the retail pharmacy giant rose…

U.S. debt downgrade sinks global markets — but economists are not concerned

Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the United States’ long-term credit rating — but top…