Moody's downgrade intensifies investor worry about US fiscal path

NDTV Explains: India And The US' Awkward 'AAA' Ratings Cut, Debt Story

Moody's has joined Fitch and S&P in cutting the US' credit rating, dropping the world's largest economy from a perfect 'AAA' to one notch below. Why? Because of a ballooning federal deficit and debt-to-GDP ratio that threatens an almost unthinkable d

I have been struck by the scant attention that has been paid in Chile to the decline in the risk rating of US sovereign bonds. This reduction is mainly due to the size of the fiscal deficit, the composition of Fisco spending, and the high debt service burden in that country. This decrease increases the uncertainty already produced by its erratic trade policy and will reduce the growth rate of that country. Given the size of its economy, the decr…

What Moody's U.S. debt downgrade means for your gay wallet

Earlier this week, credit rating agency Moody’s downgraded its rating on America's debt, and discerning queers have questions. Who does Moody’s think she is? What the hell does a downgrade even mean? And was the federal government getting 3 percent cash back on all our spending – or at least a few extra airline points? It’s hard to clutch our pearls at the news when we don’t quite understand what’s happening. And what’s tricky is we can’t really…

Moody’s reprimands Uncle Sam for squandering Hamilton’s vision

America’s debt-addicted government just lost its triple-A credit rating from Moody’s, as it previously had from fellow rating agencies S&P and Fitch. Many in Washington shrugged the move off as minor or as unfair treatment of the Trump administration. The truth is more sobering: a flashing red signal that the United States is no longer seen as a “perfect” credit risk and that politicians should stop pretending economic growth alone can bail us o…

What America's Latest Credit Downgrade Means For Mortgage Rates

The downgrade of the U.S. sovereign credit rating Friday will likely mean higher borrowing costs on mortgages.

America’s debt problem is also a retirement problem

The Moody’s downgrade is an opportunity for an honest politician to level with the American people.