Credit rating agency keeps Jacksonville at AA+; city seen financially strong despite pension, debt risks
Read full article: Credit rating agency keeps Jacksonville at AA+; city seen financially strong despite pension, debt risksFitch Ratings’ AA+ with a stable outlook means Jacksonville is viewed as financially strong and likely to borrow more cheaply, though its high long‑term pension and debt obligations remain a risk.
Israel-Hamas war latest: Leaders of France, Germany and Britain endorse push for cease-fire in Gaza
Read full article: Israel-Hamas war latest: Leaders of France, Germany and Britain endorse push for cease-fire in GazaThe leaders of France, Germany and Britain have endorsed the latest push by mediators United States, Qatar and Egypt to broker an agreement to end the Israel-Hamas war.
Stock market today: Asian stocks mixed after Wall St sinks for 3rd day following British rate hike
Read full article: Stock market today: Asian stocks mixed after Wall St sinks for 3rd day following British rate hikeAsian stocks markets are mixed after Wall Street sank for a third day following an interest rate hike in Britain.
The US government's debt has been downgraded. Here's what to know
Read full article: The US government's debt has been downgraded. Here's what to knowLate Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government’s credit worthiness.
Stock market today: Asia follows Wall St lower after the US government's credit rating was cut
Read full article: Stock market today: Asia follows Wall St lower after the US government's credit rating was cutAsian stock markets have followed Wall Street lower after Fitch Ratings cut the United States government’s credit rating.
Fitch downgrades US credit rating, citing mounting debt and political divisions
Read full article: Fitch downgrades US credit rating, citing mounting debt and political divisionsFitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades.
Stock market today: Asian shares mixed after Fed chair inflation comments
Read full article: Stock market today: Asian shares mixed after Fed chair inflation commentsAsian shares are trading mixed, echoing the trend on Wall Street after the Federal Reserve chair made comments that indicated inflation still isn't under control.
Asian shares lower as strong data hit hopes for dovish Fed
Read full article: Asian shares lower as strong data hit hopes for dovish FedStocks are mostly lower in Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation.
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Airline stocks rally, American cites plan to pay off loan
Read full article: Airline stocks rally, American cites plan to pay off loanFILE- This Dec. 19, 2017, file photo shows the American Airlines logo on top of the American Airlines Center in Dallas. Airline stocks rose Monday, March 8, 2021 spurred by signs that vaccine rollouts could set up a rebound in travel later this year. (AP Photo/Michael Ainsworth, File)FORT WORTH, Texas – Airline stocks rose Monday, spurred by signs that vaccine rollouts could set up a rebound in travel later this year. American Airlines, meanwhile, announced plans to raise $7.5 billion by borrowing against its frequent-flyer program and using the funds to pay off a federal loan that it received nearly a year ago, in the early days of the pandemic. Shares of American Airlines ended Monday up 5%.
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Asian shares mixed amid dismal earnings, Wall Street slump
Read full article: Asian shares mixed amid dismal earnings, Wall Street slumpA woman wearing face masks walks past a bank's electronic board showing the Hong Kong share index in Hong Kong Wednesday, July 29, 2020. Asian shares were mixed Wednesday as reports of dismal company earnings add to pessimism over the widespread economic fallout from the coronavirus pandemic. (AP Photo/Vincent Yu)TOKYO Asian shares were mixed Wednesday as reports of dismal company earnings add to pessimism over the widespread economic fallout from the coronavirus pandemic. Other big-name Japanese companies such as camera company Canon and robot manufacturer Fanuc also reported weak results. Earnings reports overnight also discouraged investors, pulling shares lower on Wall Street.
