AAA at ‘risk’
The US faces a “material risk” of losing its AAA status if there is a repeat of the wrangling seen in 2011 over raising the country’s self-imposed debt ceiling, credit ratings firm Fitch said yesterday.
Vets on deck
Walmart, the largest private employer in the US and the world’s largest retailer, said yesterday it plans to hire 100,000 newly discharged veterans over the next five years.
Holding back
US shoppers held back somewhat during the 2012 holiday season, spending only 3 percent more than a year earlier, the National Retail Federation said yesterday.
Nyet to union
Passenger service agents at American Airlines voted against unionizing after an election that concluded yesterday, the National Mediation Board said.
Global blahs
The World Bank has cut its global growth forecast for this year, projecting that the world economy will expand 2.4 percent, down from a June forecast of 3 percent, after growing 2.3 percent in 2012.