The financial ratings firm lowered the U.S. credit rating from the gold-standard Aaa to Aa1. It said it expected federal ...

Moody's lowered its rating on U.S. debt from Aaa to Aa1, pointing to sustained increase in federal debt and interest payments ...

The downgrade, which places the U.S. government one notch below Moody’s top Aaa status, comes as lawmakers weigh a budget ...

Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old ...

"This is the result of reckless spending, bloated budgets, and an economy that’s been hollowed out by overregulation and overreliance on the federal government.” Moody's had noted earlier this ...

although lower than those of Aaa-rated states,” Moody’s said in its report. Maryland’s economy is closely linked to the federal government due to its proximity to Washington, D.C., and the ...

The bank’s position is further reinforced by the high potential of government support, if needed. Moody’s noted the bank's baa3 BCA affirmation also takes into account the bank's sound capital ...

Credit rating agency Moody’s has cut its credit rating for the D.C. government from its top Aaa rating to Aa1 and revised its outlook to “negative,” citing the effects of federal government ...