U.S. Loses AAA Rating at S&P on Concern Debt Cuts Deficient
San Francisco Chronicle
Aug. 6 (Bloomberg) -- Standard & Poor's downgraded the US's AAA credit rating for the first time, slamming the nation's political process and criticizing lawmakers for failing to cut spending enough to reduce record budget deficits.
S&P downgrades US credit rating- AP
The Associated Press -
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
USA Today
By John Waggoner and Sandra Block, USA TODAY This week's massive drop in the stock market - and the news late Friday that the USA had been stripped of its pristine credit rating for the first time ever - has investors on edge, to put it
CNBC.com
US government officials are bracing for the rating agency Standard & Poor's to downgrade the country's credit as early as this evening or take other possible action, according to someone familiar with the matter.
Consumer borrowing up in June by most in 4 years- AP
Gas prices expected to fall in coming weeks- AP
Jobs report is good enough to calm Wall Street- AP
Italy to balance budget amid financial crisis- AP
(Google Finance/Yahoo Finance)
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