Similar Stories to S&p Does Not Think U.s. Will Default On Its Debt on Bing News

Reuters: Top News, Reuters
Wed, 07/27/2011 - 9:54am

WASHINGTON (Reuters) - Standard and Poor's does not think the United States will default on its debt, the rating agency's president Deven Sharma said on Wednesday.

Sections: politics business

Topics: debt ceiling debt limit default deficit reduction deven sharma federal budget federal deficit ratings agency spending cuts standard & poor's u.s. debt u.s. debt limit

S&P cuts Egypt's credit ratings
Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves. More
Obama signs legislation ending FAA furloughs
President Barack Obama has signed into law a bill to end furloughs of air traffic controllers. The furloughs stemmed from the automatic, across-the-board spending cuts that started taking effect in March. Millions of air travelers were affected recently by delayed flights across the country because of the furloughs. More
New study: debt limit deadline likely extended
The likely deadline for Congress to prevent the government's first default will be later than earlier thought, a Washington think tank has found. The Bipartisan Policy Center said Friday that the government probably won't reach the brink of default until early September or early October. More
Dems, GOP talk up deficit reduction, but don't act
Liberals' loud objections to White House proposals for slowing the growth of huge social programs make it clear that neither political party puts a high priority on reducing the deficit, despite much talk to the contrary.... More
Where the Budget Cut Pain Is Really Being Felt
"It's in areas like health care, education and job training," Packer said. "Programs are closing or are being cut, layoffs are happening. It's not just waiting in line a bit longer at the airport." More

Place your ad here
Loading...

BING NEWS:

All the Rage in Private Equity: Mortgaging the Fund
Many private equity firms have quietly begun mortgaging their investment funds, piling leverage upon leverage. In other words, they’re taking out loans against the businesses they’ve already taken out ...
05/11/2024 - 1:00 am | View Link
Growth Stocks. Value Stocks. What Do Those Labels Mean?
The value side at Vanguard is parallel to growth. There are three funds: the Vanguard Value fund as well as Vanguard Russell 1000 Value and Vanguard S&P 500 Value. Vanguard Value and Growth are the ...
05/10/2024 - 1:59 am | View Link
Dow posts seven-day win streak, Nasdaq and S&P 500 also rise on rate cut bets
U.S. stocks on Thursday ended higher, as some favorable labor market data strengthened hopes for Federal Reserve interest rate cuts ...
05/9/2024 - 9:08 am | View Link
Munis largely ignore moves in other markets post-FOMC, close out April in the red
Munis posted losses in April, returning negative 1.24%. The asset class is also seeing losses of 1.62% year-to-date.
05/1/2024 - 8:45 am | View Link
3 Top ETFs to Buy for Passive Income in May
Investing in exchange-traded funds (ETFs) can be a great way to generate passive income. Many ETFs focus on holding income-generating assets like dividend-paying stocks or bonds. Meanwhile, you don't ...
04/30/2024 - 11:32 pm | View Link
More