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Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.
The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.
Moody's became the last of the three major credit-rating agencies to downgrade the U.S. from the highest possible credit rating. Unrelenting federal deficits, rising interest rates, and ongoing ...
The dip in the U.S. credit rating indicates that ratings agencies believe the government is at a higher risk of default on ...
U.S. stocks pared early losses Monday as investors largely shook off concerns about the U.S. government's growing debt ...
President Donald Trump’s “One Big Beautiful Bill” would likely add trillions to the country’s deficit and drive up interest ...
U.S. stocks closed higher after an unsurprising US credit rating downgrade. Treasury yields rise. S&P 500 extends winning streak to six days.
The downgrade follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest ...
Current shares everything you need to know about why credit scores are dropping and what steps you can take to start bumping ...