Issuing the world’s reserve currency has long allowed the US to borrow cheaply, even with outsized deficits. But every privilege – even an ‘exorbitant’ one – comes with responsibilities. And right now ...

“Having high-quality credits is good for everybody,” Vargas said. “It’s good for the market, it’s good for insurance purposes ...

The Mexican peso continued to gain on the dollar on Tuesday morning after Moody's downgraded the United States' sovereign credit rating.

Major Philippine institutions are not shunning American asset classes just because Moody’s decided to downgrade the United States’ pristine credit rating. However, the global debt watcher’s action has ...

Decades of excessive spending by Congress has caused Moody's to lower America's credit rating. We'll look at federal revenue ...

According to the Committee for a Responsible Federal Budget, the “big beautiful bill” would increase the national debt by at ...

Investors reacted Monday morning to the U.S.’s credit rating before stocks rebounded later. A better bet is to focus on what ...

The stock market didn’t notice. The S&P 500 secured its sixth winning day in a row and the Dow added 137 points. Equity investors at this point seem numb to both fiscal calamity and shaky economic ...

MOODY'S on Monday downgraded the long-term ratings of top American lenders such as JP Morgan Chase, Bank of America (BofA) and Wells Fargo after pushing the United States out of top triple-A rating ...

Moody’s has downgraded the long-term senior unsecured debt ratings of Fannie Mae and Freddie Mac to Aa1 from Aaa, following ...

THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it auctioned off on Tuesday as investors flocked to higher-yielding assets after Moody’s downgraded the United States’ ...

A big part of the reason why is that unlike damage from hurricane winds and wildfires, flood damage isn’t covered by standard ...