Debt Ceiling Negotiations Intensify as Fitch Ratings Warning on U.S. Credit Adds Urgency
Headline from NBC 6 South Florida
White House and Republican negotiators appear to have made little discernible progress in more than a week of near round-the-clock talks.
NBC 6 South Florida's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The tension around the U.S. debt limit negotiations ratcheted up after Fitch Ratings warned the nation's AAA rating was under threat from a political standoff that's preventing a deal.
Most Asian equities sank Thursday on fears of a US default as the struggle to hammer out a debt deal led Fitch to warn the country's gold-plated credit
By Samantha Delouya, CNN (CNN) — A deadlocked Washington that has taken America to the brink of default could jeopardize the United States’ perfect credit rating, Fitch said in a stern warning Wednesday.
The credit-rating division of Morningstar said Thursday that the U.S. economy might be at risk of losing its pristine rating even if negotiations over the debt ceiling yield progress over the coming days.
One of the leading credit rating agencies is warning the United States could lose its "AAA" standing if Washington does not avert a default crisis before the June 1 "X-date."
Ratings agency Fitch put the United States on notice Wednesday that its perfect credit rating could be jeopardized if the White House and Republican opposition fail to overcome their impasse on raising…
