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Fitch warns it may have to downgrade slew of US banks including giants like JPMorgan - Vimarsana News

Fitch warns it may have to downgrade slew of US banks including giants like JPMorgan

None Fitch Ratings in June cut its "operating environment" score for the US banking sector. • None Fitch analyst Chris Wolfe told CNBC that another downgrade…

Source: biztoc.com
Qualcomm Slides as Smartphone Slump Drags On; Job Cuts Planned - Vimarsana News

Qualcomm Slides as Smartphone Slump Drags On; Job Cuts Planned

Qualcomm Inc., the largest maker of smartphone processors, fell as much as 8.2% in late trading after giving a tepid sales forecast for the current quarter,…

Source: biztoc.com
Treasury Yields Climb Past 4% as Equities Sell Off: Markets Wrap - Vimarsana News

Treasury Yields Climb Past 4% as Equities Sell Off: Markets Wrap

Stocks deepened a slump, unraveling more of this year’s high-powered rally as Treasuries added to their decline. Investors braced for another interest rate…

Source: biztoc.com
Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns - Vimarsana News

Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns

A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether it will ever get completed. • None Fitch’s…

Source: biztoc.com
These 12 states now have a better credit rating than the US government - Vimarsana News

These 12 states now have a better credit rating than the US government

None Fitch's recent downgrade of US debt to AA+ means there are now several states that have a higher credit rating than the federal government. • None The…

Source: biztoc.com