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Strategists warned the move, announced after the market close on Friday, could spark some near-term selling in stocks and ...
Moody’s downgraded the US sovereign credit rating from Aaa to Aa1, triggering declines across Asian stock markets and a ...
The move came as Republicans seek to approve a large package of tax cuts, spending hikes and safety-net reductions which ...
U.S. Treasury Secretary Scott Bessent warned Sunday that some of America’s trading partners could soon face a sharp hike in ...
With this downgrade, Moody’s has joined the ranks of other major rating agencies. S&P made the first move in 2011, and Fitch ...
This problem has been building for decades. The cracks first showed in 2011. Moody’s is the last of the three credit agencies ...
Moody’s blamed the downgrade on more than a decade of increasing government debt and interest payment ratios, and the failure ...
Gold edged higher — although it pared gains from earlier in the session - as mounting concerns over the US economic outlook ...