Tag: Standard & Poor’s
Downgrade of U.S. credit rating shouldn’t be downplayed
The formerly pristine reputation of the U.S. government’s debt lost a little more luster after a prominent rating agency demoted Uncle Sam from its...
Fitch downgrades U.S. credit rating, citing mounting debt and political divisions
WASHINGTON (AP) – Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and...
Air travel reshaped as carriers struggle with pandemic
In a bid to survive, airlines are desperately trying to convince a wary public that measures such as mandatory face masks and hospital-grade air...
2017 federal tax law likely to squeeze revenue for parts of...
PROVIDENCE - The federal Tax Cuts and Jobs Act of 2017 is likely to create benefits for some municipalities and burdens for others, mainly...
Providence and Cumberland credit ratings upgraded
PROVIDENCE – Standard and Poor's Global Ratings raised its rating on the general obligation debt for Cumberland from AA/stable to an AA+/Stable and upgraded...