Business

Fitch Downgrades U.S. Credit Rating to AA+ from AAA, Citing Fiscal Deterioration and High Debt Burden Fitch Ratings downgraded the United States’ long-term credit rating to AA+ from AAA on Tuesday, citing expected fiscal deterioration over the next three years as well as a high and growing general government debt burden. Fitch Downgrades U.S. Credit Rating The downgrade is a …

Seattle, WA (August 1, 2023) – Starbucks Corporation (NASDAQ: SBUX) today announced record quarterly revenue of $7.3 billion, driven by strong growth in China. The coffee giant’s revenue rose 19% in the second quarter, compared to the same period last year. Same-store sales in China increased 24%, the highest quarterly growth rate in the company’s history. Starbucks has more than …

Fitch Downgrades U.S. Credit Rating to AA+ from AAA, Citing Fiscal Deterioration and High Debt Burden Fitch Ratings downgraded the United States’ long-term credit rating to AA+ from AAA on Tuesday, citing expected fiscal deterioration over the next three years as well as a high and growing general government debt burden. Fitch Downgrades U.S. Credit Rating The downgrade is a …

Seattle, WA (August 1, 2023) – Starbucks Corporation (NASDAQ: SBUX) today announced record quarterly revenue of $7.3 billion, driven by strong growth in China. The coffee giant’s revenue rose 19% in the second quarter, compared to the same period last year. Same-store sales in China increased 24%, the highest quarterly growth rate in the company’s history. Starbucks has more than …

August 1, 2023.  Advanced Micro Devices (AMD) reported a revenue decline of 18% in the second quarter of 2023, worse than analysts’ expectations. The chipmaker’s revenue came in at $5.36 billion, down from $6.57 billion in the same quarter last year. The PC market, which is AMD’s largest market, continued to struggle in the second quarter. Shipments of personal computers …

Comprehensive Car Insurance: Secure Your Vehicle Comprehensive car insurance is more than just a legal requirement—it’s a critical financial safety net that protects you from a range of unexpected incidents. While basic auto insurance might cover liabilities, comprehensive car insurance goes several steps further. Not only does it cover collision damage, but it also extends to scenarios such as theft, …

A Comprehensive Guide to Third-party Car Insurance Third-party car insurance is a type of motor insurance that covers the policyholder against legal liability for injury, death, or property damage caused by your vehicle to a third party. It’s an essential part of driving, as it protects you from the financial implications of causing damage to someone else’s property or causing …

A Comprehensive Guide to Saving Money by Comparing Car Insurance Rates Navigating the world of car insurance can be overwhelming. But by understanding how rates are determined and actively comparing quotes, you can save a substantial amount on your premiums. Here’s how: Key Factors Affecting Car Insurance Rates Several factors can influence the cost of your car insurance, including: Driving …

How to Save Money on Car Insurance Car insurance is a necessary expense for most drivers, but it can be expensive. There are a number of ways to save money on car insurance, however. Here is a comprehensive guide on how to do so: Factors That Affect Car Insurance Rates There are a number of factors that affect car insurance …

India’s economy grew at 8.7% in the first quarter of 2023, the fastest pace in 17 quarters. In an exhilarating economic update, India’s economy has exhibited robust growth by expanding at an impressive rate of 8.7% in the first quarter of 2023. This marks the fastest pace of growth in over four years – or 17 quarters to be precise. …