The co-chief investment officer of Pacific Investment Management Co. said on Thursday that the United States may eventually lose its ‘AAA’ credit rating.
The BBC is making a limited number of full-length episodes of natural history program The Life of Birds available to U.S. Internet users, marking the first time such long-form BBC content will have appeared online.
Japan's Nikkei stock average fell 1.2 percent on Friday, with Canon Inc and other exporters hit by a stronger yen as worries about U.S. debt levels grew after a credit agency warned Britain's rating could be cut.
Data on Thursday underscored that the U.S. economic recovery, when it arrives, will be a long slog, with a key factory index showing only marginally less weakness and unemployment tipped to hit double-digit levels.
Stocks slid in a broad sell-off on Thursday as investors, concerned about the U.S. budget deficit, exited dollar-denominated assets across the board.
Euro zone economies showed signs on Thursday that the worst recession in six decades is easing but data from the United States on jobless claims and business conditions signalled a bumpy recovery.
Mothers and newborns are no more likely to survive today than two decades ago, with prospects worst in countries battling AIDS, conflict and poverty, the World Health Statistics 2009 report showed on Thursday.
The rating of the United States remains AAA and stable, a spokesman for Moody's Investors Service said on Thursday.
Stocks slid in a broad sell-off on Thursday as investors, concerned about the U.S. budget deficit, exited dollar-denominated assets across the board.
Stocks fell on Thursday as investors worried the economic recovery won't be as quick as previously thought, while a cut of Britain's credit rating outlook heightened worries about the U.S. fiscal condition.
Prime Minister Gordon Brown suffered the latest in a series of setbacks Thursday when he caved in to public pressure and said more retired Nepalese Gurkha soldiers would be allowed to settle in Britain.
Bill Gross, the co-chief investment officer of bond giant Pacific Investment Management Co., said market fears that the U.S. is at risk of losing its AAA credit rating is sending the U.S. dollar, stocks and bonds under severe selling pressure on Thursday.
Stocks slid in a broad sell-off on Thursday as a disappointing report on the labor market quashed hopes the economy was on the verge of recovery.
If political history is any guide, Gordon Brown is heading for certain defeat in a British general election next year.
Britain risks losing its precious triple-A credit rating because of the danger that government debt may soar close to 100 percent of GDP, and uncertainty over policy before an election due by next year.
U.K. retail sales in April bounced higher than expected, showing signs that the recession is easing.
U.S. stocks slid on Thursday as signs of further job market weakness and a disappointing Fed regional survey added to doubts that the economy was set for quick recovery.
Stocks slid on Thursday as signs of further jobs weakness and a disappointing Fed regional survey fueled doubts about prospects for a quick economic recovery.
U.S. stocks slid on Thursday as signs of further jobs weakness and a disappointing Fed regional survey fueled doubts about prospects for a quick economic recovery.
Stocks slid on Thursday as signs of further jobs weakness and an anemic Fed regional survey fueled doubts about prospects for a quick economic recovery.
The head of the World Health Organization said on Thursday she would not hesitate to raise the global pandemic alert to the top of the six-point scale if the new H1N1 flu is spreading globally.
Stocks opened lower on Thursday as signs of further labor market weakness fueled doubts about a quick economic recovery and Britain's reduced rating outlook signaled more fallout from the credit crisis.
