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LONDON, United Kingdom – Stocks fell with the dollar Monday after Moody’s removed the United States’ last gold standard sovereign bond rating over a debt pile that could balloon further.
On Friday, Moody's joined Fitch and S&P to downgrade the credit rating of the U.S.’s sovereign debt from AAA to AA1, a notch below the highest score, over concerns with the nation's rising debt ...
That’s why we’ve arrived at an historic moment, with the move by ratings group, Moody’s, to cut the US credit standing to AA plus (stable), thus removing the last of America’s triple-A ...
JOHOR BARU: A simple credit card application has turned Phoon Kin Fai's life upside down after his personal details fell into the wrong hands. The 41-year-old cook said he submitted his credit ...
Many individuals choose to own more than one credit card. While these cards offer the convenience of making purchases even without immediate funds, it's important to remember that the amount spent ...
Moody’s has slashed the credit rating of the U.S., bringing it down a notch to Aa1 from the highest triple-A rating, over the government’s massive budget deficit and high interest rates.
The US was stripped of its last top credit rating by Moody’s Ratings, reflecting deepening concern that ballooning debt and deficits will damage America’s standing as the preeminent ...
The downgrade, which puts the U.S. one notch below the highest credit rating, was “driven mainly by increased interest payments on debt, rising entitlement spending, and relatively low revenue ...
The Moody’s ratings agency downgraded U.S. creditworthiness Friday from the triple-A category to double-A, as Republicans work to pass a massive bill to cut taxes and spending that would add ...
Find him on Twitter @GabeWhisnant. Moody's Ratings downgraded the U.S. government's credit rating on Friday, citing repeated failures by successive administrations to control the country's growing ...