Moodys downgraded US credit rating
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The U.S. lost its top credit rating from Moody’s over the weekend, but 11 other countries still have it. Those countries are Australia, Canada, Denmark, Germany, Luxembourg, Netherlands, New Zealand,
Despite Friday's U.S. credit-rating downgrade, fiscal concerns are unlikely to drive markets for very long. Yes, investors are more worried about the federal government’s borrowing than usual. The tra
The United States has officially lost its perfect credit rating. On Friday, Moody’s for the first time in its history downgraded U.S. government bonds from the gold star rating of “AAA” to “AA1,” the silver medal equivalent.
A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into underwriting, it could alter credit scores.
Moody's stripped the US of its top credit rating, reinforcing Wall Street's concerns over a ballooning budget deficit. The move also sending ripples through corporate America as refinancing costs increase.
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Financial ratings firm Moody’s Ratings downgraded the U.S. government’s credit ratings Friday, citing its rising debt and interest in a move that underscores a ballooning federal budget deficit, making it the last of the big three firms to downgrade the government’s credit.
As federal student loan servicers once again report delinquent accounts to credit bureaus, borrowers feel the impact and struggle to get back in good standing.