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Fitch

Colleges and universities may find borrowing harder to do and more expensive

by Stephanie Hughes
Dec 7, 2023
Their customer base is shrinking and there's no appetite for raising prices, aka tuition.
Some schools are already cutting costs by eliminating whole academic departments and laying off faculty, says Catharine Hill with education non-profit Ithaka S&R.
Drew Angerer/Getty Images
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National Debt

Where does the US credit rating come from?

by Kai Ryssdal and Andie Corban
May 25, 2023
Atsi Sheth from Moody's gives us a behind the scenes look into the company's ratings process.
"In the most basic terms, a credit rating is really an opinion on the credit quality of any entity that borrows on the debt capital markets," said Atsi Sheth at Moody's Investors Service.
Emmanuel Dunand/AFP/Getty Images
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Hearst celebrates 135 years and new business ventures

by Kai Ryssdal and Anais Amin
Jul 26, 2022
CEO Steven Swartz highlights the media giant’s important, if little-known, stakes in automotive information and B2B operations.
CEO Steven Swartz says the media giant is having an excellent year and remains open to acquisitions: "We're a good home for entrepreneurs."
Daniel Barry/Getty Images
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Another ratings agency. Woohoo?

by Dan Gorenstein
Jan 20, 2014
There’s a new kid on the block -- but will this agency be able to give the big boys a run for their money?
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Fitch downgrades major banks

by Stephen Beard
Dec 16, 2011
Ratings agency Fitch has downgraded major banks like Goldman Sachs and Bank of America, but the credibility of such agencies is also waning.
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European Debt Crisis

Fitch warning causes U.S. stocks to drop

by Stephen Beard
Nov 17, 2011
The threat of a European contagion is far from over, and U.S. banks could be hit by their exposure to France and other countries.
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European Debt Crisis

Fitch warns of U.S. exposure to euro debt

by Amy Scott
Nov 17, 2011
The credit rating agency Fitch says U.S. banks could be hit hard by the turmoil in Europe. The warning came late yesterday and sent bank shares tumbling.
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