THE AMERICA ONE NEWS
Feb 22, 2025  |  
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 | Remer,MN
Sponsor:  QWIKET AI 
Sponsor:  QWIKET AI 
Sponsor:  QWIKET AI: Interactive Sports Knowledge.
Sponsor:  QWIKET AI: Interactive Sports Knowledge and Reasoning Support.
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#economy

Flag And Cross: Yellen Criticizes Fitch's Credit Downgrade, Defends Strong US Economy
Yellen Criticizes Fitch's Credit Downgrade, Defends Strong US Economy
U.S. Treasury Secretary Janet Yellen criticizes Fitch's downgrade of the United States' credit rating, citing a strong economic rebound from the pandemic. The downgrade is seen as flawed and based on outdated data.

Despite Fitch's decision, Yellen emphasizes that U.S. Treasury securities remain a safe and liquid asset, and the American economy remains fundamentally strong. She highlights the creation of new jobs, low unemployment, and a decrease in inflation over the past year.


#technology

Flag And Cross: Qualcomm Posts Earnings: Q3 Revenue Of $8.44 Billion Misses Analysts' Estimates, Down 23% YoY
Qualcomm Posts Earnings: Q3 Revenue Of $8.44 Billion Misses Analysts' Estimates, Down 23% YoY
Semiconductor company Qualcomm Inc reported a 23% decrease in third-quarter revenue to $8.44 billion, missing expectations. However, earnings per share of $1.87 beat estimates. The QCT Automotive segment saw a 13% increase in revenue, while Qualcomm CEO Cristiano Amon expressed optimism about the company's long-term growth and diversification.