Business Daily Media

The Times


.

US losing Fitch's top AAA credit rating may portend future economic weakness

  • Written by: Hakan Yilmazkuday, Professor of Economics, Florida International University
US losing Fitch's top AAA credit rating may portend future economic weaknessMoney doesn't grow on trees for governments either.imagedepotpro/E+ via Getty ImagesUS losing Fitch's top AAA credit rating may portend future economic weaknessCC BY-ND

The formerly pristine reputation of the U.S. government’s debt lost a little more luster after another prominent rating agency demoted Uncle Sam from its AAA perch.

What does a downgrade of U.S. creditworthiness like this actually mean?

While the...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...