Fitch Ratings downgraded the U.S. government’s credit rating from AAA to AA+. The firm said that repeated standoffs in Washington over the debt limit and last-minute deals are what have eroded confidence in the nation’s fiscal management. The White House said that Fitch’s downgrade “defies reality.”
Category Archives: business
Four Nigerians survived 14 days on a ship’s rudder before rescue in Brazil
On their tenth day at sea, the four Nigerian stowaways crossing the Atlantic in a tiny space above the rudder of a cargo ship ran out of food and drink.
Twitter users can now hide their verified checkmarks, if they want to
Users on X, the social media platform formerly known as Twitter, can now hide the once sought-after blue checkmarks signaling their verified status.
Missouri man executed for killing 6-year-old girl lured to abandoned factory
A man who abducted a 6-year-old Missouri girl and beat her to death at an abandoned factory two decades ago was put to death Tuesday evening, shortly after the U.S.
Man who said he was missionary accused in $30M scam that was supposed to send Bibles to China
A Georgia man who is considered a fugitive has been indicted on accusations that he “misdirected” $30 million from Christians who thought they were buying Bibles for China, prosecutors said Tuesday.
Man found dead after concert at Brooklyn music venue in 2nd disappearance in weeks
For the second time since June, a man who was last seen at a Brooklyn music complex was found dead at a nearby creek, the New York City Police Department said.
Nightly News Full Broadcast (August 1st)
Trump indicted in special counsel’s 2020 election probe; Suspected Gilgo Beach serial killer appears in court; NYC man stabbed to death in possible hate crime at gas station; and more on tonight’s broadcast.
Fitch downgrades U.S. credit rating from top score after debt ceiling crisis
Fitch downgraded its credit rating for the U.S. government, from AAA to AA+, two months after the debt-ceiling crisis was resolved.
'Barbenheimer' boom might be followed by fallout at theater box offices
The spectacular box office success of “Barbie” and “Oppenheimer” has been a boon for brick-and-mortar movie theaters. But what comes next?
FBI finds 200 sex trafficking victims, 59 missing children in two-week sweep
The FBI found 200 sex trafficking victims and more than 125 suspect during a two-week child explotation operation in July, federal officials said Tuesday.