Stock Market Reacts to Fitch Ratings Downgrade of U.S. Debt
On Wednesday, the stock market experienced a decline following Fitch Ratings' decision to lower its U.S. debt ratings from AAA to AA+. This downgrade was due to the country's increasing…
Fitch Ratings Downgrades Operating Environment Rating for U.S. Banks
Fitch Ratings analyst Christopher Wolfe has recently revised his firm's operating environment rating for U.S. banks. The rating has been lowered from aa to aa-, primarily due to the uncertainties…