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Moody's downgrades US credit rating over rising debt
Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising government debt as causing the move.
13 Energy Stocks to Buy Even as Oil Prices Fall, According to Roundtable Pros
OPEC is pumping, oil prices are falling, sale producers are pulling up rigs. Our Roundtable pros see plenty of opportunity.
U.S. loses final triple-A credit rating. Market reaction uncertain but ‘it’s not good news.’
Rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service downgraded the government, stripping its last triple-A rating.
Consumer sentiment plunges to near-record lows—but stock markets remain unfazed
Sentiment readings dipped from 52.2 in April to 50.8 in May, according to new data from the University of Michigan.
Nvidia stock notches 16% weekly gain as trade news boosts AI chipmaker
Nvidia (NVDA) stock jumped 16% over the five trading sessions ending Friday. The reason: optimism for its overseas business, specifically deals announced to expand its business in Saudi Arabia and
Ohio’s unemployment numbers rise again in April
CLEVELAND, Ohio – Ohio’s unemployment rate rose again in April, reaching 4.9%, continuing an upward trend since December. The unemployment rate, up from 4.8% in March, represents the percentage of
How shoppers might want to calculate the cost of higher tariffs
The recent de-escalation with China to lower tariffs for 90 days is welcome news, according to KPMG outlook. But higher prices remain a real threat.
Despite the V-shaped recovery, U.S. stocks still lag behind the rest of the world in 2025
Stocks from across the world soared so far this year, while U.S. equities finally reversed the downturn from Trump’s tariffs.
There's a big disconnect between US economic vibes and what the data actually says
The US economy is holding up, as indicated by "hard data" measures like inflation and GDP growth. But Americans don't seem to feel that way.
Charter to Buy Cox Communications in Mega Cable Merger
KEY TAKEAWAYS Charter Communications has struck a deal to buy privately held rival Cox Communications in a deal that would combine two of the U.S.'s largest cable providers.The planned cash-and-stock
Lufthansa management should be tougher with unions, says top investor Kuehne
Lufthansa's management should be more vigorous in fending off resistance from labour representatives, top investor Klaus-Michael Kuehne was quoted as saying on Saturday, pointing to the airline
I’m 57 and ready to retire next year on $7,500 a month, but my wife says no. Who’s right?
Dear Quentin, I am 57 and want to retire next year. I will have two defined-benefit pensions that should bring in close to $7,500 per month. I also have $300,000 in a 401(k). My w
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