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The euro fell after a key measure of German manufacturing and services activity unexpectedly fell into contraction territory ...
Economists consider Moody's downgrade justified, given the U.S.'s reluctance to address its rising debt and deficit.
Even with many of the major central banks around the world cutting their benchmark rates, the US Federal Reserve (Fed) has ...
The dip in the U.S. credit rating indicates that ratings agencies believe the government is at a higher risk of default on ...
The American session brings some Federal Reserve (Fed) speakers, and little on the data front, although the Eurozone (EU) ...
Moody's downgrade of the US credit rating has sparked concerns for Indian IT stocks, heavily reliant on US revenue. While the ...
The downgrade of the U.S. sovereign credit rating Friday will likely mean higher borrowing costs on mortgages.
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 ...
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 ...
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