Archive | August 8, 2011

Reaction in Washington will determine credit downgrade impact, Strow says

Although the lowering of the United States’ credit rating sent the stock market into a quick plunge, it’s what happens next in Washington that will determine the long-term impact, according to a WKU professor. On Friday Standard & Poor’s downgraded the U.S. credit rating. The new credit rating of “AA+” marks the first time in […]

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