NewsPronto

 
Men's Weekly

.

USA Conversation

The Conversation USA

The Conversation USA

US losing Fitch's top AAA credit rating may portend future economic weakness

  • Written by Hakan Yilmazkuday, Professor of Economics, Florida International University
imageMoney doesn't grow on trees for governments either.imagedepotpro/E+ via Getty ImagesimageCC BY-ND

The formerly pristine reputation of the U.S. government’s debt lost a little more luster after another prominent rating agency demoted Uncle Sam from its AAA perch.

What does a downgrade of U.S. creditworthiness like this actually mean?

While the...

Read more: US losing Fitch's top AAA credit rating may portend future economic weakness

More Articles ...

  1. San Jose and the reemergence of the donut city
  2. Beyoncé has a prenup − but do you need one if you're not a millionaire?
  3. 'Uncivil obedience' becomes an increasingly common form of protest in the US
  4. Does an apple a day really keep the doctor away? A nutritionist explains the science behind 'functional' foods
  5. Lab-grown ‘ghost hearts' work to solve organ transplant shortage by combining a cleaned-out pig heart with a patient’s own stem cells
  6. Elon Musk aims to turn Twitter into an 'everything app' – a social media and marketing scholar explains what that is and why it's not so easy to do
  7. Maui's deadly wildfires burn through Lahaina – it's a reminder of the growing risk to communities that once seemed safe
  8. Air travel is in a rut – is there any hope of recapturing the romance of flying?
  9. AI can help forecast air quality, but freak events like 2023's summer of wildfire smoke require traditional methods too
  10. The heroic effort to save Florida’s coral reef from devastating ocean heat
  11. Babies almost all try crawling to get from Point A to Point B, but CDC says it's not a useful developmental milestone
  12. Researchers dig deep underground in hopes of finally observing dark matter
  13. A brief illustrated guide to 'scissors congruence' − an ancient geometric idea that’s still fueling cutting-edge mathematical research
  14. Women get far more migraines than men – a neurologist explains why, and what brings relief
  15. Despite giving students chances to cheat, unsupervised online exams gauge student learning comparably to in-person exams
  16. Through space and rhyme: How hip-hop uses Afrofuturism to take listeners on journeys of empowerment
  17. Donald Trump is right − he is getting special treatment, far better than most other criminal defendants
  18. Kamala Harris has tied the record for the most tie-breaking votes in Senate history – a brief overview of what vice presidents do
  19. Yellow jerseys of the fireline: A day fighting wildfires can require as much endurance as riding the Tour de France
  20. Medical exploitation of Black people in America goes far beyond the cells stolen from Henrietta Lacks that produced modern day miracles
  21. Zebrafish are a scientist's favorite for early-stage research – especially to study human blood disorders
  22. Re-imagining democracy for the 21st century, possibly without the trappings of the 18th century
  23. Contacting your legislator? Cite your sources – if you want them to listen to you
  24. US autoworkers may wage a historic strike against Detroit’s 3 biggest automakers – with wages at EV battery plants a key roadblock to agreement
  25. What's the difference between a startup and any other business?
  26. Trump may try to delay his first federal trial – it's a common legal strategy to fend off a criminal conviction
  27. Myanmar crisis highlights limits of Indonesia's 'quiet diplomacy' as it sets sights on becoming a 'great regional power'
  28. Ending affirmative action does nothing to end discrimination against Asian Americans
  29. The most serious Trump indictment yet – a criminal law scholar explains the charges of using ‘dishonesty, fraud and deceit’ to cling to power
  30. Trump indicted in Jan. 6 case – but his 3 upcoming trials may not keep him off the campaign trail
  31. A chatbot willing to take on questions of all kinds – from the serious to the comical – is the latest representation of Jesus for the AI age
  32. Trump facing multiple criminal charges, investigations: 44 articles explain what you need to know
  33. Sexual violence is a pervasive threat for female farm workers – here's how the US could reduce their risk
  34. Is Congress on a witch hunt? 5 ways to judge whether oversight hearings are legitimate or politicized
  35. Sinead O'Connor was once seen as a sacrilegious rebel, but her music and life were deeply infused with spiritual seeking
  36. Millions across the world live with low back pain, but addressing major risk factors like smoking, obesity and workplace ergonomics could curb the trend, research shows
  37. Why Dunkin' and Lego rebrands succeeded – but X missed the mark
  38. Giuliani claims the First Amendment lets him lie – 3 essential reads
  39. To get rid of hazing, clarify what people really think is acceptable behavior and redefine what it means to be loyal
  40. Just about anybody in America can officiate a wedding, thanks to the internet – and one determined preacher
  41. Alabama is not the first state to defy a Supreme Court ruling: 3 essential reads on why that matters
  42. Federal government is challenging Texas's buoys in the Rio Grande – here’s why these kinds of border blockades wind up complicating immigration enforcement
  43. Your genetic code has lots of 'words' for the same thing – information theory may help explain the redundancies
  44. I've taught in prisons for 15 years – here's what schools need to know as government funding expands
  45. Hypocrisy penalty: Investors especially hate companies that say they're good then behave badly – unless the money is good
  46. Progressives' embrace of Disney in battle with DeSantis over LGBTQ rights comes with risks
  47. Deaf rappers who lay down rhymes in sign languages are changing what it means for music to be heard
  48. 4 factors driving 2023's extreme heat and climate disasters
  49. Hunter Biden's plea agreement renegotiation is rare – a law professor explains what usually happens
  50. Sen. Tuberville's blockade of US military promotions takes a historic tradition to a radical new level – and could go beyond Congress' August break