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The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.
You hear a lot about the credit scores of individual consumers and how that affects their borrowing power. But what you might ...
Brian Moynihan, CEO of Bank of America, also discussed whether he sees any validity in concerns about the end of American ...
Moody's Ratings became the third and final credit rating to downgrade the U.S. government's debt from its top rating by one ...
If you aren’t in that elite club, don’t despair. Plenty of Americans have really good credit. More than 20% of consumers have credit scores of 800 or better out of a possible 850, Experian reports.
US mass-transit agencies are already grappling with weak ridership numbers and evaporating pandemic aid. Now, their credit ...
Hong Kong’s pension fund managers have formed a preliminary plan to sell down their Treasury holdings within as soon as three ...
The Maryland Board of Public Works approved the sale of nearly $1.6 billion in Maryland General Obligation Bonds Wednesday, ...
Moody’s recent credit downgrade of the U.S. could push mortgage rates even higher, deepening the affordable housing crisis.
Treasury Secretary Scott Bessent said the U.S. government will never default on its debt obligations as Congress faces a debt limit deadline in the wake of a credit downgrade.