rating from aaa to aa plus. fitch cited expected fiscal deterioration over the next three years, as well as growing government debt burden. now, the downgrade also follows a debt ceiling agreement injune that saw months of political brinkmanship. credit ratings like these are used by investors to assess the risk profile of companies and government, us treasury and us government governments, rather. now, the us treasury secretary, janet yellen, said that she disagreed with fitch s move and said it was based on outdated data. the white house has also said that the move defies reality and that they strongly disagree with the decision. cafe giant starbucks has unveiled quarterly earnings that beat expectations. the world s largest coffee chain reported revenue of $9.2 billion. that s a jump of 12% from a year ago. the earnings were helped by a consumer recovery in china and a return to office in the united states. michelle fleury has more.
agency fitch has downgraded american top credit rating from aaa to aa plus. fitch cited expected physical deterioration over the next three years as well as growing government debt burden. the downgrade also follows a death dealing agreement injune that saw once agreement injune that saw once a political bryggman ship. debt ceiling agreement for stub these are used by investors. the us treasury secretary janet yellen said she disagreed with the move and said it was based on outdated data. the white house has also said the move defies reality and they strongly deserved ruthie decision. cafe giant starbucks has unveiled a quarterly earnings that beat expectations. the worlds largest coffee chain reported revenue of $9.2 billion. that is a jump of revenue of $9.2 billion. that is ajump of 12% revenue of $9.2 billion. that is a jump of 12% from a year ago. the earnings were helped by a consumer recovery in
downgraded agency fitch has downgraded american top credit rating from aaa to aa plus. fitch cited expected physical deterioration over the next three years as well as growing government debt burden. the downgrade also follows a death dealing agreement injune that saw once agreement injune that saw once a political bryggman ship. debt ceiling agreement for stub these are used by investors. the us treasury secretary janet yellen said she disagreed with the move and said it was based on outdated data. the white house has also said the move defies reality and they strongly deserved ruthie decision. cafe giant starbucks has unveiled a quarterly earnings that beat expectations. the worlds largest coffee chain reported revenue of $9.2 billion. that is a jump of revenue of $9.2 billion. that is ajump of 12% revenue of $9.2 billion. that is a jump of 12% from a year ago. the earnings were helped by a consumer recovery in
the fire tv streaming sticks. but it is worth mentioning that this holiday season so far is shaping up to be very strong for the u.s. consumer. adobe analytics said that consumers spent $9.2 billion on black friday. a 3% jump on the year and $11.3 billion on cyber monday alone. so somehow it s been a few days since we mentioned the words elon musk. but he is the center of a fight between twitter and apple. that seems to have been resolved yesterday. give us the story here as to what allegedly happened. yeah. i mean it s not much of a fight if only one side is fighting it. but there you go. on monday elon musk tweeted as ever on his own flat form accusing apple of sabotaging twitter by withdrawing advertising but also apparently threatening to pull twitter from
thanksgiving day, and it was busy, but there was almost twice the amount of online sales on black friday. listen, a lot of people are excited. we love to just come out and see what s going on on black friday. it s just fun. i feel like the excitement of the holiday starts on black friday. and charles, consumers are expected to spend 34.8 billion online in this five-day stretch which is a 3% increase from last year, but i mentioned black friday. the official numbers aren t in yet, but online sales expected to reach 9.2 billion dollars, which is a 1% increase from last year. but with inflation at almost 8%, retailers are actually losing ground with online sales, but take a look at this, a lot of people also very excited after two years of pandemic disruptions, to get back and doing their shopping in person. some of the more popular items, apple air pods, apple watches,