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Governments want good credit ratings just like individuals and businesses do. In that respect, the U.S. government is moving ...
Predictably, Maryland’s top five Democrats — Gov. Wes Moore, Senate President Bill Ferguson (Baltimore City), House Speaker ...
Moody's cut the U.S. credit rating last week, dropping it one notch from the top rating of Aaa to a lower classification of Aa1.
For the first time in over a century, world’s largest & most liquid bond market doesn’t have an Aaa rating. Over the past ...
The shares of IT majors like Tech Mahindra, HCL Tech were dragged down on May 22 over rising concerns of speculations linked to broadening of the U.S federal deficit. As a direct result of this, the ...
Economists consider Moody's downgrade justified, given the U.S.'s reluctance to address its rising debt and deficit.
Gold hits $3,345 and silver $33.49 as U.S. credit downgrade and fiscal concerns fuel demand for safe-haven assets amid growing macroeconomic and geopolitical risks.
Loss of Moody’s highest rating comes amid concerns about Washington’s widening budget deficit and fiscal trajectory.