Similarly, is we shift our focus to Investment Grade corporate bonds, the US corporate bond market dwarfs other markets in terms of sheer size. In addition, it is crucial to remember that Fitch affirmed US “Country Ceiling” at AAA. This technicality matters because it allows other US AAA-r...
Federal officials say the United States saw an 18.1% increase in homelessness, a dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters and a surge of migrants in several parts of the country ...
A jury’s acquittal of A$AP Rocky has put to rest a case that hung over the hip-hop star for years and threatened to derail his life and career Associated PressFeb. 18, 2025 Meghan, the Duchess of Sussex, Unveils New Lifestyles Brand as Ever ...
Credit ratings agency Fitch on Tuesday downgraded the US government's credit rating over concerns about "growing debt burden" and "an erosion of governance." Fitch, one of three major independent agencies that assess creditworthiness, lowered the US ...
Throughout Friday, markets were rife with speculation that S&P, which has had a negative outlook on the U.S. since April 18, would downgrade the country’s credit from its current triple-A level and that it could come as early as Friday night. ...
Discover how a credit rating downgrade in the US can impact your investments and learn what steps you can take to mitigate the risks.
Do Rating Agencies Value Accounting Conservatism? International Evidence We empirically test the extent to which accounting conservatism affects credit ratings in a cross-country setting. Using a sample of 3,168 firm-year observ... 陈宇绅(Vincent Y. S. Chen),郑振兴(CS Agnes Cheng),盧來财(...
We’ve maintained a 5-star rating for the past 25 consecutive years from Bauer Financial, one the country’s premier financial ratings services. In 2013 we were named National Federal Credit Union of the Year by the National Association of Federal Credit Unions, and also awarded Michigan Credit...
What will happen to the US dollar now that the government's credit rating has been downgraded?Currency Depreciation:A currency depreciation occurs when the value of that currency is decreasing against other foreign currencies. This fact will benefit the exporting industri...
Overall, though, White said agencies weigh a country’s economic track record, including expected revenues, costs and debt payments, to determine a score. He said only countries that are “extremely likely” to honor their obligations get a triple-A rating. ...