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Years of rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service ...
Sky News Business Editor Ross Greenwood says America has overnight lost its coveted AAA credit rating from ratings agency ...
Even before talk of fresh unfunded tax cuts took center stage in the budget wrangling on Capitol Hill, US bond investors were ...
The ratings agency late on Friday downgraded the U.S. sovereign credit rating to "Aa1" from "Aaa", due to concerns about the ...
The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.
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