The rating agency believes the blockade by four Arab states could put pressure on the country's economic growth and fiscal metrics.
However, a higher federal funds rate boosted net interest income at large banks, leading to a 12.7% rise in profits.
The rating agency says China's "financial strength will erode somewhat over the coming years" as a result of excessive economy-wide debt.
It’s time to create a finance committee to focus on evaluating acquisitions, monitoring debt levels, and allocating capital.
A lower corporate tax rate would not only raise net income after taxes, it could also increase a company's borrowing capacity.
The tighter lending standards reflect in part a less favorable or more uncertain outlook for commercial real estate prices.
The rating agency says IBM's transition to operating stability as it spends heavily on new businesses "will take longer than we had previously…
We live in an age of asset bubbles, but they don't continue indefinitely, as will prove true for the strong U.S. dollar.
The company is benefiting from healthy consumer spending but faces increased costs as it spends on digital payment initiatives.
The Swiss bank was accused of misrepresenting the risks of roughly $1.15 billion of RMBS it sold to the U.S. Central and Western corporate credit…