Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt and a “steady deterioration in standards of governance” over the past two decades.
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Cooks, room attendants, dishwashers, servers, bellmen and front desk agents at hotels were picketing outside major hotels in Los Angeles and Orange counties just as the summer tourist is ramping up.
The worst disruptions continued to be along the East Coast, which has been pummeled by thunderstorms.
Arizona will not approve new housing construction on the fast-growing edges of metro Phoenix that rely on groundwater thanks to a multi-decade drought.
Thousands are expected to gather to test things like whether chatbots like ChatGPT can be manipulated to cause harm.
First Republic has struggled since the March collapses of Silicon Valley Bank and Signature Bank.
The dispute with Disney has drawn significant criticism from the governor’s White House rivals and business leaders.
America’s employers added a solid 236,000 jobs in March
At one point, Credit Suisse shares lost more than a quarter of their value, hitting a record low.
At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history.