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Moody's Pushes U.S. Out Of Elite 'AAA' Credit Club, Citing Rising Debt
(Reuters) - Moody’s on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody’s was the last major agency to maintain a triple-A rating for U.S. sovereign debt.
Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s ...
Futures for the Dow Jones Industrial Average dropped 250 points, or 0.58%. S&P 500 futures slipped 0.6%, while Nasdaq futures ...
Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s ...
The U.S. dollar has opened the new week under pressure after Moody’s cut the nation’s Aaa credit rating late Friday, with EUR ...
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...
Moody’s lowered the rating from a gold-standard Aaa to Aa1 but said the United States “retains exceptional credit ...
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