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The dollar remained higher, showing little reaction after the House passed President Trump’s tax and spending bill.
Economists consider Moody's downgrade justified, given the U.S.'s reluctance to address its rising debt and deficit.
How could the downgrade impact Americans? The dip in the U.S. credit rating indicates that ratings agencies believe the ...
Even with many of the major central banks around the world cutting their benchmark rates, the US Federal Reserve (Fed) has ...
Moody's downgrade of the US credit rating has sparked concerns for Indian IT stocks, heavily reliant on US revenue. While the ...
The Committee for a Responsible Federal Budget observes that the House is considering a reconciliation package that is shaping up to add $3.3 trillion to the federal government’s debt over a decade, ...
US stocks managed to eke out gains on Monday as bond yields eased off bigger gains and Wall Street largely shrugged off Moody's downgrade of the US credit rating. Meanwhile, investors digested ...
Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit ...
NBC News Senior Business Correspondent Christine Romans discusses Moody's decision to downgrade the U.S. credit rating and ...
Moody's (MCO) adjustment to the U.S. government's credit rating was from Aaa to Aa1, a notch down on the firm's 21-notch rating scale. The firm cited the increase in government debt over the past 10 ...
US stocks attempted to claw back steep losses on Monday as Wall Street shrugged off Moody's downgrade of the US credit rating ...