After the US lost its last perfect credit rating, lawmakers are at odds over how to address the fiscal crisis. With a proposed bill potentially adding trillions to the deficit, investors are on high alert. Will Congress come together to avert further downgrades?
President Trump visits Capitol Hill to rally Republican lawmakers around a controversial tax-cut bill. While facing internal divisions, he predicts the bill will pass despite concerns over its impact on the federal debt and social programs.
Wall Street's main indexes fell on Monday, driven by Moody's downgrade of the U.S. credit rating and rising Treasury yields. Technology stocks suffered significant losses, with Netflix and Tesla taking a hit.
Asian shares fell as mixed Chinese economic data raised concerns over domestic struggles and U.S. tariffs. Wall Street futures also dipped amid rising Treasury yields and Moody's credit downgrade.
Stock futures fell sharply after Moody's downgraded the U.S. credit rating, raising concerns over the economy and potential impacts on bond prices. Investors are on high alert as speeches from Fed officials loom.
As financial markets reopen, investors are on edge following Moody's decision to downgrade the US credit rating. This move raises alarms about the nation's ballooning budget deficit and its implications for the economy.
Moody's has downgraded the US sovereign credit rating, raising alarms about a growing debt crisis. As Congress debates a massive fiscal bill, investors are on edge, fearing higher borrowing costs and political turmoil.
In a fierce response to Moody's credit downgrade, White House communications director Steven Cheung calls out the rating agency's economist, Mark Zandi, labeling him a political adversary of Trump. As Congress debates a new tax package, concerns about the U.S.'s soaring $36 trillion debt continue to mount.
Major cryptocurrencies like ether, XRP, and dogecoin experienced a 3% drop following Moody's downgrade of the U.S. credit rating. This decision has shaken investor confidence, impacting both crypto and traditional markets.
The US has experienced a credit rating downgrade from Moody's, highlighting growing concerns over the federal deficit and the impact of proposed tax cuts. As lawmakers clash over budget bills, experts warn of potential economic repercussions.
