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Fitch Downgrades U.S. Credit Rating
The agency said that the downgrade reflects an “erosion of governance.” The rating on the U.S. now stands at AA+, or one notch below the
China's Tech Distress Grows as U.S. Chip Sanctions Bite
Semiconductor imports to China are falling and Chinese companies say they are struggling to get key components and machinery. Source link
How the Bank of Japan's Shift Could Play Out in U.S. Markets
The Bank of Japan has signaled it would tolerate higher yields on longer-term Japanese government bonds—which could affect investors worldwide.. Source link
How the U.S. Economy Is Sticking the Soft Landing
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U.S. Economic Growth Accelerates
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. Source link
Bud Light Brewer Lays Off Hundreds of U.S. Workers
Anheuser-Busch restructures its corporate offices amid controversy and sales slump. Source link
Automakers Plan Thousands of EV Chargers in $1 Billion U.S. Push
GM, Honda and Stellantis are among the companies planning a joint investment to build thousands of electric-vehicle charging stations in the U.S. Source link
Foreigners Will Benefit From U.S. Climate Subsidies, and That Is Good News
The U.S. will need to be a player in key industries if it wants to retain its perch as the world’s top economy. But it
TikTok’s Next Plan for U.S. Dominance: Selling Made-in-China Goods
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The U.S. Clean-Energy Company That Hit the Subsidies Jackpot
First Solar stands out among beneficiaries of Biden’s climate legislation, but lots of green energy companies are ‘trying to get on the gravy train’ A