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 ...

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 ...

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

Moody’s Ratings became the last of the three major credit-rating agencies to say the U.S. federal government no longer deserves a top-tier AAA rating.

Moody’s Ratings has joined Fitch Ratings and S&P Global Ratings as the last credit agencies to downgrade the U.S. economy, ...

Billionaire Ray Dalio weighed in on Moody’s recent downgrade of the U.S. creditworthiness, claiming the move understates the ...

Changes in trade policy are prompting households and businesses to pause major spending decisions, and this uncertainty has led the Federal Reserve to keep interest rates steady so far, New York Fed ...

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

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.

Moody’s held in there the longest, but it had to acknowledge what the other financial ratings houses had said before: The ...