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Transcripts for BBCNEWS BBC News Now 20240604 13:30:00

We start with a downgrade for the us. the ratings agency fitch has lowered its top rating in an unexpected blow to the world s biggest economy. fitch cut the us debt rating from triple a to double a plus, citing concerns over the state of the country s finances and its stewardship of the economy over the last 20 years. the move comes two months after a last minute deal was reached to lift the debt ceiling and avert the country s first ever debt default. the us treasury secretary janet yellen called the downgrade arbitrary and said economic conditions had improved under the biden administration. michelle fleury is in new york for us. the treasury secretary calls it our victory, but as we said there, this spans a period of 20 years or so. its, spans a period of 20 years or so. significant is this? i think if you

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Nvidia Set to Beat Apple for Record Single-Day Market Value Gain

Nvidia Corp. may be poised for a record one-day jump in value for a US company after it raised its outlook on voracious demand for chips used in artificial…

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