The Fitch U.S. ratings cut is here to stay, says analyst who worked on the S&P downgrade in 2011
"It does not take a grand sovereign and analytics genius to understand that the fiscal profile of the U.S. is much worse than it has...
The Fitch analyst behind the U.S. downgrade breaks down the decision—and how the country can regain the top rating
Fitch Ratings' Richard Francis told CNBC that the rating agency would need to see a long-term fiscal solution and a reduction of its debt.
Private sector added 324,000 jobs in July, well above expectations, ADP says
That total was well above the Dow Jones consensus estimate for 175,000, though it marked a decrease from the downwardly revised 455,000 in June.
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 economists say there is nothing to...
Job openings, layoffs declined in June in a positive sign for the labor market
Employment openings totaled 9.58 million for the month, edging lower from the downwardly revised 9.62 million in May.
Saudi Arabia’s economic growth slows as oil cuts, price drops bite into revenues
The International Monetary Fund had dubbed Riyadh the fastest growing economy in the Group of 20 in 2022.
Key Fed inflation rate falls to lowest annual rate in nearly 2 years
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely.
The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
The Bank of Japan loosened its yield curve control in an unexpected move with ramifications across global financial markets.
Turkey’s central bank says inflation is set to hit 58% — more than double its previous estimate
Turkey's central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said in her debut news conference...