CNN — Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a steady deterioration
Tag: stock indexes
AI investment is booming. How much is hype?
London CNN — French startup Mistral AI didn’t have a working product when it raised €105 million ($118 million) in one of
Thames Water: Why Britain’s water industry is struggling with sewage spills, huge leaks and crushing debts
London CNN — Financial trouble at the company that supplies more than a fifth of the UK population with water has raised
The credit crunch is getting worse and bankruptcies are on the rise
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.
US home prices continued to rebound in April
CNN — Home prices rose in April for a third consecutive month, according to the latest S&P CoreLogic Case-Shiller US National Home
Are investors ignoring the Federal Reserve’s warning?
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.
Global markets slide as recession fears grip investors
Hong Kong/London CNN — Stock markets in Europe and Asia fell Friday as investors became increasingly worried that more interest rate hikes
Takeaways from Fed Chair Powell’s testimony
Washington, DC CNN — Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on Wednesday as part of his
The Fed likely won’t cut rates this year. Why that’s good news for markets
New York CNN — Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that’s battered markets
Wall Street’s still worried despite Friday’s fakeout
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.
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