The financial ratings firm lowered the U.S. credit rating from the gold-standard Aaa to Aa1. It said it expected federal ...

Moody's lowered its rating on U.S. debt from Aaa to Aa1, pointing to sustained increase in federal debt and interest payments ...

The downgrade, which places the U.S. government one notch below Moody’s top Aaa status, comes as lawmakers weigh a budget ...

Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old ...

although lower than those of Aaa-rated states,” Moody’s said in its report. Maryland’s economy is closely linked to the federal government due to its proximity to Washington, D.C., and the ...

Moody’s noted in its report Wednesday that the governor and the legislature “addressed a trend of overspending” in some government programs with a combination of tax increases and spending cuts.

Transnet SOC Ltd., will run out of money for operations and debt-servicing within three months unless it gets a government bailout, according to Moody’s Ratings. The ratings firm has placed ...

"This is the result of reckless spending, bloated budgets, and an economy that’s been hollowed out by overregulation and overreliance on the federal government.” Moody's had noted earlier this ...