Business · Important news for 5 September 2026
US Economy Added 162,000 Jobs in August as Unemployment Holds Steady
S&P Downgrades Senegal Debt Deeper Into Junk Following Restructuring Plan
S&P Global Ratings further downgraded Senegal's credit rating into junk status after the government initiated a plan to restructure its foreign-currency commercial debt, warning that a distressed exchange or default is highly likely.
- S&P Global Ratings cut Senegal's credit score further into junk territory.
- The downgrade was prompted by a government plan to restructure commercial foreign debt.
- S&P stated a distressed debt exchange or default is extremely likely.
DOJ Expands Antitrust Beef Price Probe to Eight Retailers Including Walmart and Amazon
Private equity faces existential crisis in US as unsold companies pile up
Trump pledges up to $500 million for Republican midterms
Manager of Norway’s $2tn oil fund proposes slashing US Treasury holdings
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