Posted on

U.S. Credit Rating Is Downgraded by Fitch

The long-term credit rating of the United States was downgraded on Tuesday by the Fitch Ratings agency, which said the nation’s high and growing debt burden and penchant for brinkmanship […]




Posted on

Credit Markets Are Creaking, Creating Economic Uncertainty

Investors and economists have become optimistic that the Federal Reserve might successfully slow inflation without plunging the economy into recession, but many are still eyeing a risk that threatens to […]







Posted on

The Debt Ceiling Impasse Raises the Risks for ‘Risk-Free’ U.S. Bonds

It’s come to this.Because of the debt ceiling crisis, a corner of the financial markets sees the U.S. government as a riskier borrower over the next month or so than […]




Posted on

A Timeline of How the Banking Crisis Has Unfolded

First Republic Bank was seized by regulators and sold to JPMorgan Chase on Monday, the latest casualty of a banking crisis that has seen other troubled lenders collapse in March.Silicon […]




Posted on

Inside the Collapse of Silicon Valley Bank

Gregory Becker, the chief executive of Silicon Valley Bank, leaned back in his chair at a technology conference last week in San Francisco’s luxurious Palace Hotel, and delivered a bullish […]




Posted on

A Strong Dollar Is Wreaking Havoc on Emerging Markets. A Debt Crisis Could Be Next.

The average household in Ghana is paying two-thirds more than it did last year for diesel, flour and other necessities. In Egypt, wheat is so expensive that the government has […]




Posted on

China Evergrande Has Defaulted on Its Debt, Fitch Says

HONG KONG — For weeks, global markets have been watching the struggles of China Evergrande, a teetering real estate giant weighed down by $300 billion or more in obligations that […]