Janet Yellen

Fitch downgrades United States’ credit rating – here’s everything to know and how it could affect YOU

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Ratings agency Fitch has downgraded the US government’s credit rating – bringing it down a notch from the top AAA grade to AA+.  The surprise move comes just two months after the agency warned the rating was under threat as lawmakers battled over raising the nation’s debt limit – before averting what would have been a first-ever … Read more

McCarthy accuses Biden of ‘playing politics’ with debt ceiling, demands sit-down on spending cuts

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‘Here’s the leader of the free world, pounding on the table’: Kevin McCarthy accuses Biden of ‘playing politics’ with the debt ceiling and demands sit-down with the White House to talk spending cuts Democrats, who run the White House and Senate, have staked out the position that they are not negotiating on spending cuts to offset … Read more