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Issuing the world’s reserve currency has long allowed the US to borrow cheaply, even with outsized deficits. But every privilege – even an ‘exorbitant’ one – comes with responsibilities. And right now ...
“Having high-quality credits is good for everybody,” Vargas said. “It’s good for the market, it’s good for insurance purposes ...
The Mexican peso continued to gain on the dollar on Tuesday morning after Moody's downgraded the United States' sovereign credit rating.
Major Philippine institutions are not shunning American asset classes just because Moody’s decided to downgrade the United States’ pristine credit rating. However, the global debt watcher’s action has ...
Decades of excessive spending by Congress has caused Moody's to lower America's credit rating. We'll look at federal revenue ...