Content Tagged As credit_rating

3 years 2 months ago

G-7 to discuss central bank action

BRUSSELS (AP) - A person familiar with the matter says financial officials from the Group of Seven industrialized nations will discuss how to coordinate action between their countries' central banks following several days of market panic and a downgrade of the U.S. credit rating. The person spoke Saturday on condition...

3 years 2 months ago

Lawmakers trade blame for downgrade

WASHINGTON (AP) Lawmakers trade blame for downgrade One of the world's three major credit rating agencies says there's too big a gulf between Republicans and Democrats when it comes to dealing with debt, so it's giving the government a downgrade. Standard & Poor's has bumped the U.S. credit rating...

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