Power has been restored to the transmitter facility serving Summit County, and our programming is back on the air. Repairs at the site are ongoing, and listeners may experience intermittent service disruptions as our partners at Summit Public Radio and TV complete restoration work. We appreciate your patience.
Citing political risks and a rising debt burden, Standard & Poor's lowered the U.S. AAA credit rating by one notch to AA-plus. This is the first time in history that the United States has had its credit rating lowered. The agency said the deficit plan passed by Congress did not go far enough to stabilize the country.
Federal statistics show the U.S. gained 117,000 jobs in July, and unemployment dropped to 9.1 percent. Financial journalist Stacey Tisdale discusses what these numbers mean for the national economy's long-term health, and Rep. Chakah Fattah describes how his Pa. district compares to the rest of the U.S.