Page 2 - Giant Starbucks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Downgraded america s top credit 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 now, the us treasury secretary, janet yellen, said that she disagreed with fitch s move and said it was based on outdated data.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. now 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. ....

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