Moody’s had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old agency into line with its rivals.
Recent Posts
- Here’s where to invest $1 million, according to the pros
- Elon Musk calls for abolition of European Union after X fined $140 million
- Trump says Zelenskyy ‘hasn’t read U.S. peace proposal’ as tensions mount
- BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree
- Ray Dalio says Middle East is becoming a ‘Silicon Valley of capitalists’