S&P Global

Wall Street's recession sirens are blaring — and as traditional markets brace for impact, Bitcoin's (CRYPTO: BTC) defiant rally has investors asking: is this digital gold 2.0 or just fool's gold with better marketing? Big Banks Turn Bearish, And Fast Recession probability forecasts aren't just...

BlackRock Inc. (NYSE:BLK) CEO, Larry Fink believes that America’s plans for a manufacturing resurgence have several shortcomings that tariffs alone may not address. This includes unfavorable demographics and a deeply flawed immigration policy, among other things. What Happened: Speaking at...

February's flash S&P Global PMIs released Friday morning revealed a sharp, unexpected drop in services and raised concerns about the health of the private sector in the United States.  Services PMI Falls Sharply Services PMI: The S&P Global Flash U.S. Services PMI Business Activity...

Editor’s note: This story has been updated to add additional detail around U.S. corporate bankruptcies filed in 2010. A higher-for-longer interest rate environment has sent many companies reeling, as corporate bankruptcies hit a high in June. The data came during concerns about the U.S....

U.S. economic activity presented a mixed picture in November, as revealed by the latest Purchasing Managers’ Index (PMI) data from S&P Global. The data released Friday reflects a slight contraction in the manufacturing sector and unexpected growth in services. Manufacturing Sector Takes...

Tesla Inc. (NASDAQ:TSLA) has emerged as the leading electric vehicle (EV) brand among U.S. fleet companies. Tesla’s vehicles constituted nearly one-third of all EV fleet purchases over the past 13 months, as per a report by S&P Global. This dominance in the fleet market can be...

Following Brexit and the Covid-19 pandemic, the U.K. economy was expected to shrink. And it did. However, major investment firms haven't given up on London. For example, Andreessen Horowitz picked London as its international base. “This is a win for us,” said London & Partners...

Electric vehicle company Tesla Inc (NASDAQ: TSLA) has dominated the market in many places around the world, including the U.S. A new survey revealed how likely Tesla owners were to stick with the brand when they move on from their old car and what companies they would shift to if they decided...

The recent downgrade of the US sovereign credit rating from AAA to AA+ by Fitch Ratings has brought back memories of a similar event occurred exactly 12 years ago. On Aug. 6, 2011, S&P made history by downgrading the U.S. credit rating from AAA to AA+ for the first time since 1941. S&P...

Rating agency S&P Global on Tuesday acknowledged the potential of cryptocurrencies as assets that can protect investors from inflation. However, the rating agency emphasized insufficient data to back up this assertion. "Crypto assets could theoretically be a hedge against...

Fintech firm Digital Asset is launching the Canton Network, a privacy-enabled interoperable blockchain network aimed at offering decentralized infrastructure for institutional clients. The network's participants reportedly include BNP Paribas (OTC: BNPQY), Deloitte, Cboe Global Markets,...

The Purchasing Managers' Index (PMI) flash estimates for both manufacturing and services activity in the U.S., as measured by S&P Global, climbed in April, showing economic expansion and positively surprising analysts' expectations. What To Know The U.S. Services PMI...

S&P Global reportedly downgraded the credit ratings of First Republic Bank (NYSE:FRC) deeper into junk status on Sunday and said the recent $30 billion deposit infusion from 11 big banks may not solve its liquidity issues. What Happened: S&P trimmed First Republic’s credit rating...

Electric vehicle giant Tesla Inc (NASDAQ: TSLA) has dominated the electric vehicle segment of the automotive industry. And while competition is increasing from new players and incumbent automotive companies turning to electric, Tesla may have several key advantages. What Happened: Tesla is guiding...

S&P Global has lowered its credit rating of Coinbase Global Inc (NASDAQ: COIN) citing a “negative” outlook for the cryptocurrency exchange. What Happened: S&P Global lowered its long-term issuer credit rating and unsecured debt ratings on Coinbase to ‘...