News

Here’s what’s behind the U.S. losing its top credit rating, and why it matters
Changes to the country’s credit rating impact interest consumers pay on household debt like mortgages, car loans and credit ...
How markets reacted after Moody's lowered ratings for Bank of America, other big banks
An economist explains why the recent credit rating downgrades for major U.S. banks might not carry a big impact.
Wall Street Strategists React to Moody’s US Credit Rating Cut
US stocks declined and Treasury yields rose after Moody’s Ratings downgraded the US credit rating, citing an increase in ...
U.S. credit cut could raise borrowing costs for Long Island
The credit rating downgrade signals higher borrowing costs, potentially impacting Nassau and Suffolk counties' budgets and ...