Global markets and US futures slide as Fitch downgrades US debt rating
Hong Kong/London CNN — Global stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating, citing “a steady deterioration in standards of...
Bank of England calls for urgent action on funds that nearly toppled UK financial system
London CNN — The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries...
Yellen warns of ‘global financial crisis’ if US debt limit agreement isn’t reached
CNN — Treasury Secretary Janet Yellen on Friday warned of the widespread global effects that could be felt if the federal government exhausts extraordinary measures...
Premarket stocks: The world has a major debt problem. Is a reset coming?
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Inflation is a global problem, here’s how central banks are addressing it
New York CNN Business — Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has plenty of...