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US fiscal health risks increase after Trump win, likely GOP control of Congress, Moody's warns
Moody's remains the last of the three major rating agencies to maintain a top rating for the US government.
Moody's slashes Mount Sinai Hospital credit rating near 'junk' status on Beth Israel risks
Moody's worsened the Mount Sinai system's outlook from stable to negative.
Moody's cuts China credit outlook, warns of lower growth, property crisis
China's blue-chip stocks slumped to nearly five-year lows on Tuesday amid worries about the country's growth, with talk of a possible cut by Moody's denting sentiment during the session, while Hong Kong stocks extended...
Moody's warns US credit rating at risk due to large fiscal deficits causing 'negative' outlook
Moody's is the last of the three major rating agencies to maintain a top rating for the US government.
Moody's warns gov't shutdown bad for USA's credit -- one month after Fitch downgrade
"Fiscal policymaking is less robust in the US than in many Aaa-rated peers, and another shutdown would be further evidence of this weakness," Moody's said in a statement.
Credit card and car loan defaults hit 10-year high as inflation squeezes families
consumers are making tough decisions about “whether to pay their credit card bills, their rent or buy groceries.”
Inflation forcing Americans to spend $709 a month more than they did 2 years ago: economist
Moody's chief economist Mark Zandi analyzed July's CPI in a series of tweets, noting that inflation is forcing Americans to spend $709 more monthly on everyday goods and services than...
Wall Street slumps with markets worldwide over worries concerning banks, the economy
Stocks are slumping Tuesday as more caution creeps into financial markets worldwide.
Fitch downgraded America to punish Republicans for the debt-ceiling fight
Fitch’s downgrade is a reactionary punishment for the debt-ceiling debate when the United States’ full-faith-and-credit ability to service our debt is under no threat.
Analysts downgrade Britain's economic outlook to 'negative' as political turmoil continues
Moody's, the internationally respected investor rating agency, downgraded the UK's economic outlook to "negative" from "stable" on Friday.
Russia on verge of default after making payments in rubles, Moody's warns
Russia violated the terms of two bond contracts with installments due on April 4 by paying in rubles rather than dollars, according to Moody’s.
Moody's upgrades restaurant industry, cites 'stable outlook'
Moody’s Investor Services on Monday boosted its rating for the struggling industry to "stable" from "negative," citing customers’ increasing willingness to dine out.
De Blasio's small steps aren't remotely enough to fix NYC's fiscal woes
Last week, the Moody’s agency slashed the credit rating on New York City’s debt. Just like with your credit score, the lower it goes, the higher an interest rate the...
Moody's 2020 report picks Trump to win election
Democrats squared off in a debate on CNN last week, but neither the participants nor the moderators focused much on the economy -- much less on Moody’s 2020 Presidential Election...
Moody's: Growing MTA debt may mean fare hikes, service cuts
The MTA’s $51.5 billion plan to modernize New York City’s crumbling transit system will saddle it with $38 billion in debt — on top of the $44 billion it already...
Moody's yanks credit rating of WeWork, cites lack of info
Bond-rating giant Moody’s is pulling its assessment of WeWork, saying the office space-sharing firm has given them “inadequate information” to properly evaluate their debt. The New York company, led by...
Comcast, Disney ding balance sheet in bidding war for 21st Century Fox
The battle for Fox is going to put a big dent in the winner’s balance sheet. Disney’s raising its offer to $38 per share on Wednesday already has the Mouse...
Cuomo’s casinos are now cannibals
Gov. Cuomo’s 2013 bet on casinos in New York is looking worse and worse by the day. Last week, Moody’s reported that revenues at three new upstate gambling joints failed...
Sears has few options to save chain from closure
Sears is running out of options — and things to sell. The long-suffering department store that had been the preeminent retailer half a century ago is fast approaching the wall...
BlackRock says Illinois should lose access to debt markets
The Land of Lincoln should be forced to log-off from the muni bond market, one influential Wall Street firm said Wednesday. BlackRock, the world's biggest asset manager, said the debt-drunk...