Business


Chinese Sovereign Debt Downgraded

The worldwide bond credit rating service downgraded China's credit rating one degree, from Aa3 to A1, and changed its outlook, a one-word term describing Moody's expectations, from "stable" to "negative". Beijing must also deliver on its official targets for growth which will likely make the economy more reliant upon stimulus said Moody's . The downgrade could raise the cost of borrowing for the Chinese government.


Is Considering Lockheed Martin (LMT) On Its Rally A Good Strategy?

Is Considering Lockheed Martin (LMT) On Its Rally A Good Strategy?

After $3.00 actual earnings per share reported by Lockheed Martin Corporation for the previous quarter, Wall Street now forecasts 3.33% EPS growth. The stock declined 0.33% or $0.15 reaching $43.53 per share. Since February 14, 2017, it had 0 insider purchases, and 1 sale for $3.15 million activity. Edwards Richard H sold $3.15M worth of stock or 12,000 shares.



Pope asks Trump to 'become an olive tree, construct peace'

To cover up or not to cover up? Melania identifies as Catholic (Ivanka not so much), and yet, it was undoubtedly still a calculated choice to wear the veils and conservative ensembles to visit the modern pope , who has spoken about wanting to relax dress codes for papal audiences, but maintains his position that women will not be welcomed into the Catholic priesthood.



Moody's downgrades China credit rating on fears of slowdown

China's credit rating has been downgraded by Moody's for the first time in nearly 30 years over fears that slowing growth and rising debts will weaken the world's second largest economy. A stable outlook means less likelihood of being downgraded again in the near future. The Chinese economy was expected to continue to maintain steady and rapid growth, the statement continued.



No Medicaid cuts in Trump budget? Really?

According to Sanford, they need to see real numbers to ensure they aren't doing more damage than good, adding he believes it's wrong to insinuate they can balance the budget without making some hard choices. "It assumes that the stars perfectly align with regard to economic drivers". Numerous colleges and universities in the 22 district rely on this program .