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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.

By Andrew Ross Sorkin Ravi Mattu Sarah Kessler Michael J. de la

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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.

By Andrew Ross Sorkin Ravi Mattu Sarah Kessler Michael J. de la

Cancer Emerson Collective internal-storyline-no Jobs, Laurene Powell Jobs, Reed Jobs, Steven P Venture Capital

Steve Jobs’s Son Gets Into Venture Capital

Reed Jobs, 31, is starting an investment firm to focus on new cancer treatments, continuing a yearslong focus on a disease that hits close to home.

By Andrew Ross Sorkin Ravi Mattu Sarah Kessler Michael J. de la

Bank of Japan Europe European Central Bank Federal Reserve System Germany Government Bonds Inflation (Economics) Interest Rates internal-storyline-no Lagarde, Christine Powell, Jerome H United States Economy Vanguard Group Inc

Why ‘Soft Landing’ Optimists Shouldn’t Celebrate Just Yet

Despite a barrage of interest-rate increases, the economy is faring better than many on Wall Street had imagined. But the wild card of inflation still looms.

By Andrew Ross Sorkin Bernhard Warner Sarah Kessler Michael J.