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Moody's Pushes U.S. Out Of Elite 'AAA' Credit Club, Citing Rising Debt
(Reuters) - Moody’s on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody’s was the last major agency to maintain a triple-A rating for U.S. sovereign debt.
White House communications director Steven Cheung criticized Moody's choice to downgrade the U.S. sovereign credit rating due ...
Futures for the Dow Jones Industrial Average dropped 250 points, or 0.58%. S&P 500 futures slipped 0.6%, while Nasdaq futures ...
The U.S. dollar has opened the new week under pressure after Moody’s cut the nation’s Aaa credit rating late Friday, with EUR ...
Gold bounced back after its biggest weekly decline in six months, with appetite for haven assets boosted by mounting concerns ...
Moody’s lowered the rating from a gold-standard Aaa to Aa1 but said the United States “retains exceptional credit ...
Years of rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service ...
Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s ...
Moodys recent downgrade of the U.S. sovereign credit rating from AAA to Aa1 has stirred a sharp response from Republicans in ...
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