The Fitch U.S. ratings cut is here to stay, says analyst who worked on the S&P downgrade in 2011
Growing political instability means the U.S. will not regain its AAA rating with Fitch for the foreseeable future, according to…
Stocks making the biggest moves after hours: PayPal, Robinhood, Qualcomm, Clorox, DoorDash and more
Check out the companies making headlines in extended trading. Robinhood — Shares of the trading platform slipped 4.7% after it…
JPMorgan CEO Jamie Dimon calls Fitch Ratings U.S. downgrade ‘ridiculous’ but says it ‘doesn’t really matter’
The Fitch Ratings downgrade of the United States’ long-term credit rating ultimately doesn’t matter, JPMorgan Chase CEO Jamie Dimon told…
Veteran banker Jeffrey Schmid picked to lead Kansas City Fed
The Kansas City Federal Reserve is about to get a new leader as the inflation-fighting central bank plots its course…
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…
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…
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…
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…
Stocks making the biggest moves after hours: SolarEdge Technologies, Advanced Micro Devices, Starbucks and more
Check out the companies making headlines after hours. SolarEdge Technologies — The solar stock dropped 11% in extended trading. SolarEdge…
