Fitch downgrades Kohl’s rating amidst operational challenges
Investing.com -- Fitch Ratings has downgraded Kohl’s Corporation (NYSE: KSS) from ’BB’ to ’BB-’ on Monday, April 7, 2025, citing ongoing operational challenges and concerns about the company’s ability ...
Holcim Ltd gets ’BBB+’ rating upgrade from Fitch, outlook remains stable
Investing.com -- On Monday, Fitch Ratings upgraded the Long Term Issuer Default Ratings (IDR) of Holcim Ltd (OTC: HCMLY) to ’BBB+’ from ’BBB’. The Short-Term IDR was affirmed at ’F2’, and both ratings ...
FTA Infrastructure outlook upgraded to stable on expected deleveraging: S&P Global
Investing.com -- S&P Global Ratings has revised the outlook for FTAI Infrastructure Inc. (FIP) to stable from negative, based on the anticipation of the company’s deleveraging in the coming years. The ...
White House aide encourages countries to approach Trump with offers to cut tariffs
WASHINGTON (Reuters) - White House economic adviser Stephen Miran on Monday encouraged countries hoping to escape high ...
Tariff knock-on effects threaten deeper market wounds, Morgan Stanley warns
Investing.com -- Markets have been bloodied by the growing prospect of a global trade war, but Morgan Stanley warns of further pain ahead as the knock-on effects of tariffs on the U.S. consumer and ...
BofA sees more volatility as tariffs unfold, cuts Copper and Aluminium forecasts
In China, sentiment in equity markets has rebounded, but macro data has remained mixed. BofA’s China economics team held its ...
Consumer Credit Contracts, Falling Below Forecast and Previous Figures
Consumer Credit is closely tied to consumer spending and confidence, making this decline a potential cause for concern. A higher than expected reading is generally perceived as positive or bullish for ...
India limits market access for BYD, continues courting Tesla
Investing.com -- India has decided to limit market access to Chinese electric vehicle manufacturer BYD Co (SZ: 002594 )., while simultaneously continuing to seek investments from American competitor ...
Apple redirects iPhone production to India amidst high China tariffs - WSJ
The iPhone, which accounts for about 50% of Apple’s revenue, is primarily manufactured in China. This heavy reliance has ...
White House statement: US global public goods provision calls for improved burden-sharing
Miran clarified that by "reserve currency," he’s referring to all international functions of the dollar, including private savings and trade. The global use of the dollar for trade and savings, often ...
Federal court allows Musk’s DOGE to review sensitive U.S. data
Investing.com -- The U.S. Office of Personnel Management and the Department of Education received clearance on Monday to share sensitive data with Elon Musk’s Department of Government Efficiency (DOGE ...
Pierre Poilievre unveils ’One-and-Done’ rule for resource projects
Poilievre has criticized the current government’s policies, which he believes have led to Canada’s economic decline, and has ...