Fitch Affirms U.S. AAA Credit Rating, Says Outlook Stable
Aug. 16 (Bloomberg) -- Fitch Ratings affirmed its AAA credit rating for the U.S. and said the outlook is stable, citing the nation’s central role in the global financial system and the flexible,…
Pressure Rises on China to Fight Inflation
SHANGHAI—Fresh data showing strong capital inflows into China and a spike in the interest rates on central-bank debt showed continuing pressure on the government to keep fighting inflation with…
Buffett Made Biggest Bets on Stocks This Year - Perhaps he should buy his own
Warren Buffett’s Berkshire Hathaway Inc. BRK/A increased its stake in Wells Fargo & Co. WFC, building equity holdings amid a markets decline that the billionaire investor said provided an…
Fed's Lockhart says U.S. recession risks have risen
(Reuters) - The risk of a new U.S. recession has risen over the last couple of months, but an outright contraction will most likely be avoided, Atlanta Federal Reserve Bank President Dennis Lockhart…
Buffett calls for higher…Next Budget Showdown Is Just 6 Weeks Away
The deal between Democrats and Republicans to raise the government's debt limit did not end the warfare over the federal budget. It was merely a temporary ceasefire. The conventional wisdom in…
Don't Fall Into a 'Value Trap'
s that cheap stock you have your eye on really a "value trap"? After a 9.3% drop in the Standard & Poor's 500-stock index this month, most stocks are looking cheap—but some seeming bargains may…
Debt Crisis Could Be Turning Point for US-China
When President Nixon went on his historic visit to China in 1972, he probably wouldn't have predicted that within four decades the country then struggling to emerge from decades of disastrous…
The Federal…