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 […]
Fitch Ratings
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Back to news homeU.S. Debt Default Could Damage Nation’s Credit Rating
If the U.S. government defaults on its debt even for just a few hours next week, it could have long-lasting consequences for the nation’s future. Three major ratings companies — […]
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 […]