US Congress

Fitch may downgrade US credit rating, but confident on a debt ceiling agreement

Global ratings agency Fitch ratings was confident that the US government would be able to fulfill its debt payments even if no agreement would be passed after October 17.

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US government shutdown a day away

The US Congress had one more day left before ending the budget stalemate as risks were dramatically increased in the first US government shutdown.

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Manufactured US goods barely increased, fiscal uncertainty reflected

Orders for US manufactured goods declined in August which showed a possible sign of companies holding back their investments due to uncertainties in US government spending.

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Delays and furloughs to be expected during a US shutdown

A waging battle on budget between Democrats and Republics was held last October 1 that was seen to threaten a government shutdown.

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