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FILE - This August 2010 file photo shows a sign for Moody's Corp. in New York. America has a debt problem, and the big borrower this time may surprise you: Corporate America. At many businesses, cash is falling, debt is ballooning and finances are getting worse. Formerly highly-rated corporate borrowers that are cut to junk and thus made too risky for many bond funds are known as "fallen angels." Moody’s tallied 56 fallen angels in the first six months of 2016. (AP Photo/Mark Lennihan, File)
The hidden risk to the economy in corporate balance sheetsAmerica has a debt problem, and the big borrower this time may surprise you: Corporate America
The Associated Press15 minutes ago
In this photo provided by, a wildfire smolders on the northwest side of Owyhee Canyon south of Vale, Ore., Wednesday, Aug. 24, 2016. The nearly 50-square-mile fire in eastern Oregon near the Idaho state line is now threatening Succor Creek State Park. ( via AP)
Crews battling 35 large, uncontained wildfires in the WestThirty-five large, uncontained wildfires are burning in the West, and firefighters are making initial attacks on another 112 new fires trying to prevent them from getting big
The Associated Press18 minutes ago
Underwater expedition off California reveals sunken warshipAn underwater expedition along the California coast has revealed for the first time a sunken World War II-era aircraft carrier once used in atomic tests in the Pacific
The Associated Press18 minutes ago
Coal towns hit by layoffs to get job grants from US gov'tU.S. communities hard-hit by coal industry layoffs in eight Appalachian states and Texas are being promised more than 3,000 jobs in several industries through a multimillion-dollar federal grant
The Associated Press19 minutes ago
This aerial photo shows the damaged buildings in the town of Amatrice, central Italy, after an earthquake, Wednesday, Aug. 24, 2016. The magnitude 6 quake struck at 3:36 a.m. (0136 GMT) and was felt across a broad swath of central Italy, including Rome where residents of the capital felt a long swaying followed by aftershocks. (AP Photo/Gregorio Borgia)
Italy earthquake kills at least 120, reduces towns to rubbleRescue crews using bulldozers and their bare hands raced to dig out survivors from a strong earthquake that reduced three central Italian towns to rubble early Wednesday
The Associated Press20 minutes ago

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