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Wall Street is slumping on Wednesday under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government's spiraling debt and other concerns.
White House National Economic Council Director Kevin Hassett doesn't agree with Moody's downgrade of the US credit rating.
See why economic risks, rising federal deficits, and corporate earnings pressures keep our cautious Hold rating on the market ...
Mortgage rates briefly spiked to 4.56% following Moody’s downgrade of U.S. debt, but quickly stabilized’ One mortgage lender ...
U.S. Treasury yields ticked higher on Wednesday as investors closely monitored discussions on the budget bill and federal ...
The Mexican peso continued to gain on the dollar on Tuesday morning after Moody's downgraded the United States' sovereign ...
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 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.
Billionaire Ray Dalio weighed in on Moody’s recent downgrade of the U.S. creditworthiness, claiming the move understates the ...
President Donald Trump traveled to Capitol Hill on Tuesday to encourage Republican lawmakers to resolve their differences over a sweeping tax-cut bill that encompasses much of his domestic agenda.
The downgrade of the U.S. sovereign credit rating Friday will likely mean higher borrowing costs on mortgages.