Nevada has the highest unemployment rate in the country at 5.4 percent as officials insist the economy must move away from its focus on gambling.
Tag: United States Economy
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Markets Still Weigh the Meaning of a U.S. Credit Rating Cut
Stocks were down and Treasury yields were up after Fitch Ratings’ downgrade. But the biggest effects of the move may play out over time.
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Is Good News Finally Good News Again?
Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.
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What Fitch’s Downgrade of the US Credit Rating Means
A downgrade of the nation’s credit rating admonished Washington for persistent political fighting over federal spending. But the move drew sharp criticism.
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U.S. Credit Rating Is Downgraded by Fitch
The ratings agency, which lowered the U.S. long-term rating from its top mark, said that debt-limit standoffs have eroded confidence in the nation’s fiscal management.