Fitch just downgraded the U.S. credit rating — how much does it matter?
The U.S. is no longer rated at the top-notch AAA by Fitch. Here's what credit ratings are, and why they (mostly) matter.
Business
Treasury officials report little fallout after the government's credit rating drop
Treasury officials say they've seen little fallout so far from the loss of the government's Triple-A bond rating. The Fitch rating agency downgraded government debt, citing a governance deterioration.
Amazon may have met its match in the grocery aisles
Amazon laid off workers at its brick-and-mortar grocery stores last week — the latest sign of the e-commerce giant's struggles to stand out in the competitive grocery landscape.
Movie extras worry they'll be replaced by AI. Hollywood is already doing body scans
Five background actors told NPR they had to undergo face and body digital scans while on TV and movie sets. The use of digital replicas is a sticking point in the ongoing strikes in Hollywood.
Sales are way down at a Florida flea market. A new immigration law could be to blame.
Florida's new strict immigration law threatens the state's economy and could hurt political ambitions for some GOP candidates. Vendors at a popular flea market are already seeing the impacts.
Morning news brief
Donald Trump is indicted on felony charges related to efforts to overturn the 2020 election. How conservative media are covering the indictment. Fitch strips the U.S. of its Triple-A bond rating.
U.S. loses its top AAA rating from Fitch over worries about the nation's finances
Rating agency Fitch has cut the U.S.' credit rating, lowering it by one notch from the top grade. It cited big government deficits and a deterioration in governance over the last two decades.
How conservative media are covering Donald Trump's 3rd indictment
Former President Donald Trump relies on conservative media outlets as a pillar of his support. How did they cover Trump's latest indictment related to the Jan. 6 siege of the U.S. Capitol?
Fitch drops the United States' credit rating to AA+
Fitch Ratings cut the U.S.'s rating by one notch, moving it from the previous top-rated AAA to AA+, citing worsening governance as a key factor — just months after the country averted a debt default.
The U.S. loses its top AAA rating from Fitch over worries about the nation's finances
Fitch cut the federal government's top rating, citing rising deficits and a steady deterioration in governance over the last two decades. The action drew a sharp rebuke from the Biden administration.