Jersey City ‘Struggling,’ Moody’s Says in One-Notch Credit Cut
Moody’s Ratings cut Jersey City’s credit grade one step to A2 from A1, saying the rating reflected a…
US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
Egypt Gets S&P Upgrade in Latest Sign of Economic Turnaround
S&P Ratings lifted Egypt’s credit rating, citing policy changes that have improved the economic outlook, giving a further…
US Power Companies Aim to Spend $1 Trillion Over Next Five Years
US electric companies will spend almost $208 billion in 2025 and more than $1.1 trillion over the next…
Spain wins triple credit rating boost on improving economic outlook
Spanish Prime Minister Pedro Sanchez leaves after giving a press conference during the United Nations 4th International Conference…
Top 10% of Earners Drive a Growing Share of US Consumer Spending
Wealthy consumers continue to account for a growing share of US consumer spending, highlighting the lopsided strength of…