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Tag Archives: Standard & Poor’s

The hidden risk to the economy in corporate balance sheets

corporate debt, US economy

NEW YORK (AP) — America has a debt problem, but it’s not what you think. Yes, the federal government owes trillions of dollars more than it did a few years ago. Yes, Americans are still struggling to pay off mortgages and student loans. But it’s the buildup in debt elsewhere that is most worrying some experts, and the big borrower ...

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Low energy prices, rate worries weigh on stocks

NEW YORK (AP) — The stock market is moving lower at midday as shares of energy companies slip. The Dow Jones industrial average fell 34 points, or 0.2 percent, to 17,033 as of noon Eastern time Thursday. The Standard & Poor’s 500 index fell two points, or 0.1 percent, to 1,992. The Nasdaq composite slipped 11 points, or 0.2 percent, ...

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Stocks edge lower, on track for weekly loss

NEW YORK (AP) — Stocks edged mostly lower in early trading Friday as investors assessed corporate news. Stocks are headed for their biggest weekly loss since April after ending the previous week at record levels. KEEPING SCORE: The Standard & Poor’s 500 index dropped two points, or 0.1 percent, to 1,961 as of 10:10 a.m. Eastern. The Dow Jones industrial ...

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Russia, China to create joint rating agency as ties grow

By Lidia Kelly MOSCOW (Reuters) – Russia and China have reached an agreement to create a joint credit rating agency and are working on a series of measures to make trade easier, Russia’s finance minister said on Tuesday, a sign of growing ties between the neighbors. Speaking during a trip to China, Anton Siluanov told journalists that the new rating agency ...

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