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The Moody’s rating agency dropped the US government’s credit score by one notch from the pristine Aaa to Aa1. It cited rising debt and interest costs “that are significantly higher than ...
Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", ... US loses treasured Aaa credit rating. By Reuters. May 16, 2025 10:38 PM UTC Updated May 16, 2025 ...
You hear a lot about the credit scores of individual consumers and how that affects their borrowing power. But what you might not realize is that governments have credit ratings, too.
Financial markets were thrown into turmoil Friday after Moody’s—the last major ratings agency maintaining the U.S.' pristine credit status since 1917—shocked investors by downgrading the ...
Democratic strategist Chris Jackson posted on X, formerly Twitter, "BREAKING: In a stunning move, Moody's has downgraded the U.S. credit rating from Aaa to Aa1—for the first time in history.
The US government lost its last triple-A credit score from a major international ratings firm after a downgrade by Moody’s Investors Service on May 16, in a bleak milestone for the world’s ...
The United States has suffered a major financial blow after Moody’s Ratings stripped the country of its last remaining AAA credit rating — a move that could shake global markets and lead to a ...
Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the move means for your wallet, interest rates, and the broader economy.
Last week’s cut followed a downgrade by rating rival Fitch, which lowered the US credit score by one notch in 2023. Fitch was the second major rating agency to strip the US of its AAA rating ...
NEW YORK (Reuters) - Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than ...
Financial markets were thrown into turmoil Friday after Moody’s—the last major ratings agency maintaining the U.S.' pristine credit status since 1917—shocked investors by downgrading the ...