The Fitch U.S. ratings cut is here to stay, says analyst who worked on the S&P downgrade in 2011
Headline from NBC Los Angeles, on the newest of 2 developments
“It does not take a grand sovereign and analytics genius to understand that the fiscal profile of the U.S. is much worse than it has been,” said Elliot Hentov.
NBC Los Angeles's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
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Fitch’s historic downgrade may be a black eye for the US but not much more
Headline from KTVZ Bend ·
Newest
The Fitch U.S. ratings cut is here to stay, says analyst who worked on the S&P downgrade in 2011
Fitch Ratings has downgraded the U.S. credit rating, citing an expected increase in government debt over the next three years and a “steady deterioration in standards of governance” over the past two decades.
The move, from a top rating of AAA to AA+, comes two months after the debt ceiling crisis was resolved and more than a decade after the federal government’s first-ever downgrade in the wake of the financial crisis.
WASHINGTON — Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governanc
One debt limit fight just ended at the beginning of June and another budget fight is likely on the way. That, along with a few other macroeconomic factors, was enough for Fitch to downgrade the country's credit rating to AA+.
The decision illustrates one way that growing political polarization and repeated Washington standoffs over spending and taxes could end up costing U.S. taxpayers
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+, citing “a steady deterioration in standards of governance,” such as the country’s repeated impasses over the debt ceiling.
Ratings agency Fitch on Tuesday downgraded the U.S. government’s top credit rating to AA+ from AAA, citing an expected fiscal deterioration over the next three years.
Fitch Ratings said Tuesday it has downgraded the United States' long-term foreign-currency issuer default rating to "AA+" from "AAA," drawing pushback from Treasury Secretary Yellen.
Fitch’s move comes just weeks after the White House and Congress resolved a standoff on whether to raise the government’s borrowing limit. Here’s what you need to know.
WASHINGTON -- Fitch Ratings on Tuesday downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and a "steady deterioration in standards of governance" over the past two decades.
WASHINGTON (AP) — Late Tuesday, Fitch Ratings became the second of the three major credit-rating firms to remove its coveted triple-A assessment of the United States government's credit worthiness, a move that contributed to sharply lower stock prices in Wednesday trading.
By Matt Egan, CNN Business New York (CNN Business) — Fitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation’s mountain of debt. “The numbers speak for themselves,” Richard Francis, the lead analyst on US sovereign ratings at Fitch, told CNN …
Fitch downgraded the United States' top-tier credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
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