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News for the Carolinas
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Tuesday, January 08, 2013
U.S. Sen. Lindsey Graham is set to visit South Carolina to discuss the Capitol Hill debate over raising the country's debt limit.
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Tuesday, August 09, 2011
August 4th, the Dow Jones Industrial Average dropped 513 points, the lowest fall since the 2008 financial crisis. August 8th topped last week's mark with a 634 point drop in the Dow after S&P announced it was dropping the status of U.S. Bonds from AAA to a AA+. What do you think about the state of the economy? Do you have faith it will bounce back?
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Friday, August 05, 2011
The deal to raise the debt ceiling means South Carolina will keep its AAA credit rating from Moody's. That means it costs less to borrow money for things taxpayers depend on like schools, roads and bridges.
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Wednesday, July 27, 2011
South Carolina's financial leaders are updating Moody's Investor Service on the state's financial health as the rating agency considers whether the national debt crisis should cause the state to lose its top credit rating.
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Monday, July 25, 2011
South Carolina's financial leaders will meet with Moody's Investor Service as the rating agency considers whether the national debt crisis should cause the state to lose its top credit rating.
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Monday, July 25, 2011
Debt reduction talks continue in Washington, as Democratic and Republican leaders in Congress prepare to unveil separate plans to avoid a default by the government. If an agreement is not reached by August 2, the U.S. won't have enough cash to pay all its bills.
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Monday, July 25, 2011
South Carolina U.S. Rep. Tim Scott says he's optimistic that Congress will reach an agreement on raising the nation's debt ceiling.
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