Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating. The ...

Financial ratings firm Moody’s Ratings downgraded the U.S. government’s credit ratings Friday, citing its rising debt and ...

On Friday, May 16, after the markets had closed for the week, Wall Street and investors got their answer in the form of a Moody's (NYSE: MCO) downgrade of the United States' credit rating.

The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. On Friday evening, Moody’s downgraded the United States’ overall credit ...

Moody’s Ratings cut the United States’ sovereign credit rating down a notch to Aa1 from the Aaa, the highest possible, citing the growing burden of financing the federal government’s budget ...

The ratings agency noted that America’s system of governance, albeit challenged, gives Moody’s confidence that the United States still deserves a near-perfect, if not AAA, credit rating.

Moody's Ratings slashed the United States' credit rating down a notch to Aa1 from the highest triple A on Friday, citing the budgetary burden the government faces amid high interest rates. "This ...