Page 187 - Aaa News Today

U.S. Treasury Secretary Janet Yellen on Wednesday voiced more objections to Fitch Ratings downgrade of the main U.S. credit rating, calling it "entirely unwarranted" because it ignored improvements in governance metrics during the Biden administration and the countrys economic strength.

This morning, some economists say they are very puzzled by fitch downgrading the governments debt rating. fitch gives the u.s. a double aa plus, which is down from the highest aaa rate ing after congress fought until the last minute of a deal. with n a meeting with the biden administration, fitch cited january 6th as a concern. lets go to arlette sooinz. how is this? >> reporter: the white house is not happy with the decision to downgrade the credit rating for the first time since 2011 and the s...

David? >> david: stephanie, thank you. now, to the war in ukraine, and tonight, russian drones targeting ukrainian sport city on the danube river, nero mania. a massive fireball erupting. port operations suspended. 43,000 tons of critical grain supplies were destroyed or damaged. russia has been repeatedly hitting ukraines ports since quitting a deal allowing safe passage for grain to reach world markets. meantime, here at home and to the economy tonight, and the stock market seeing its best...

Of its highest credit rating. the firm cited a growing federal debt burden and an erosion of governance that has manifested multiple times in debt limit standoffs. from new york, michelle fleury with the reactions. just like everybody has a credit report to determine how much they can borrow, the us government has its own credit report, and for the first time since 2011, that rating has been downgraded from aaa to aa+. fitch said... the assault on the capitol on january 6 was a factor in its pos...

Also from him personally as well. around the world and across the uk, this is bbc news. fitch cut its credit rating for the us government one notch from aaa, the highest possible rating, to aa+, citing americas "erosion of governance" and rising deficits. heres michelle fleury. for americans who have credit reports to determine if they can borrow money and how much debt they can take on, the us government has its own credit report. and itjust got downgraded for the first time since 2011. fitch l...

Strongly disagrees and says it is based on outdated data. that is based on outdated data. that is riuht. is based on outdated data. that is right- it _ is based on outdated data. that is right. it seems _ is based on outdated data. that is right. it seems the _ is based on outdated data. twat is right. it seems the data that fitch have used this analysis carries the period from 2018— analysis carries the period from 2018- 2020. it analysis carries the period from 2018— 2020. it is easy to se...

Good has his hand on the pulse of the kansas city economy. hes convinced its time to expand into a wholesale juice provider to whole foods. >> well, our economy in kansas city is growing. i think, as you all know, and we as a small business are also growing in concert with that growth. >> reporter: chris goods good news is also reflected in new jobs numbers. adp reported 324,000 private jobs added in july, 73% coming from small businesses. from its solid economic growth, receding inflation, and ...

>> the evidence in this trial proved that the defendant acted because of white supremacist, anti-semitic, and bigoted views. >> reporter: tomorrow the judge will formally sentence robert bowers to death and we anticipate an emotional day with victim impact statements. lester. >> all right, kathy park, thank you. in dayton, ohio, a hostage standoff came to an end early today with police fatally shooting two suspects, who had hijacked a parked semi truck with the driver inside. police said as of...

Rating from aaa to aa—plus. fitch cited expected fiscal deterioration over the next three years, as well as growing government debt burden. now, the downgrade also follows a debt ceiling agreement injune that saw months of political brinkmanship. credit ratings like these are used by investors to assess the risk profile of companies and government, us treasury and us government governments, rather. now, the us treasury secretary, janet yellen, said that she disagreed with fitchs move and said ...

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