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The Government Shutdown Could Hurt America’s Credit Rating if It’s Not Resolved Soon

Mnuchin will be forced to use extraordinary measures to pay America’s bills (Bloomberg) — The U.S. political gridlock that has shut down part of the government risks running into a crucial deadline that would limit the Treasury&rsqu.....»»

Category: topSource: timeJan 23rd, 2019

Fitch warns an extended shutdown could hurt the U.S. credit rating

The nation’s mounting debt is weighing on the United States and that the government can’t grapple with the rising debt level during a shutdown, Fitch executive James McCormack said......»»

Category: topSource: washpostJan 9th, 2019

Extended shutdown could hurt U.S. credit rating, Fitch says

An executive with the credit-rating agency pointed to the nation’s mounting debt and concerns that the government can’t grapple with the rising debt level during a shutdown......»»

Category: topSource: washpostJan 9th, 2019

Fitch warns of possible downgrade to U.S. AAA credit rating if shutdown persists

The U.S. risks losing its pristine triple-A credit rating later this year if the government shutdown persists and negatively impacts the country’s debt ceiling, Fitch said Wednesday......»»

Category: topSource: marketwatchJan 9th, 2019

US" triple-A credit rating could be in danger if shutdown continues

The U.S. is in danger of losing its triple-A sovereign credit rating later this year, Fitch said on Wednesday, warning an ongoing government shutdown could soon start to impact highly sensitive areas of the world's largest economy......»»

Category: topSource: moneycentralJan 9th, 2019

Fitch warns of possible cut to US triple-A rating if shutdown continues

The U.S. is in danger of losing its triple-A sovereign credit rating later this year, Fitch said on Wednesday, warning an ongoing government shutdown could soon start to impact highly sensitive areas of the world's largest economy......»»

Category: topSource: moneycentralJan 9th, 2019

Fitch Warns of U.S. Credit Rating Downgrade as Shutdown Continues

Fitch is eyeing the shutdown's impact on the debt ceiling. Fitch is eyeing the U.S. and its credit rating as the government shutdown closes in on its third week......»»

Category: europeSource: fortuneJan 9th, 2019

How a downgrade to the U.S. credit rating could affect the economy

Fitch ratings fears the government shutdown could lead to a debt ceiling standoff, prompting a credit rating downgrade. Here's the potential im.....»»

Category: topSource: usatodayJan 10th, 2019

Moody"s downgrades credit rating of Sinclair"s regional sports networks

The downgrade by Moody's reflects the impact of continued blackouts by Dish Network Corp. and the shutdown of professional sports leagues......»»

Category: topSource: bizjournalsMay 15th, 2020

Public pensions suffered the worst quarter in a decade

State and local government pensions had their worst quarter since the credit crisis more than a decade ago as the sudden shutdown of the global economy because of the coronavirus hit almost every asset class......»»

Category: topSource: moneycentralMay 12th, 2020

Credit markets flash red as coronavirus hits corporate America

From airlines and cruise lines to retailers and energy companies, investors are fleeing large pockets of the corporate credit market, worried that the coronavirus pandemic will lead to bankruptcies, defaults and credit rating downgrades......»»

Category: topSource: reutersMar 19th, 2020

Moody"s downgrades Hong Kong"s rating, citing the government"s "slow" response to protests

Anthony Kwan/Getty Images Moody's cut Hong Kong's credit .....»»

Category: topSource: businessinsiderJan 20th, 2020

S&P slashes Argentina"s long-term debt three notches on maturity extension plan

Standard & Poors announced on Thursday that it was slashing Argentina's long-term credit rating another three notches into the deepest area of junk debt, saying the government's plan to "unilaterally" extend maturities had triggered a brief default......»»

Category: topSource: reutersAug 29th, 2019

2 Analysts Weigh In On Exxon Mobil"s Q2 Earnings

Exxon Mobil Corporation (NYSE: XOM) reported second-quarter results to mixed reaction from analysts. The Analysts Credit Suisse's William Featherston maintains a Neutral rating on Exxon with a $74 price target. Bank of America's D.....»»

Category: earningsSource: benzingaAug 5th, 2019

Bernie Sanders, Ocasio-Cortez Propose 15% Cap On Credit Card Rates; Visa, MC Tumble

America's revolution to a socialist, government-planned society complete with reserve currency helicopter money also known as "MMT", may or may not be successful but it certainly will be attempted, and every moments will be not only televised .....»»

Category: blogSource: zerohedgeMay 9th, 2019

The car you"re buying says a lot about your credit score

The credit rating range among buyers of car brands varies widely. Luxury car buyers tend to have the best ratings. Buyers of one of America's best-selling brands have the worst......»»

Category: topSource: moneycentralMay 3rd, 2019

The Car You’re Buying Says a Lot About Your Credit Score

The credit rating range among buyers of car brands varies widely. Luxury car buyers tend to have the best ratings. Buyers of one of America's best-selling brands have the worst......»»

Category: blogSource: 247wallstMay 3rd, 2019

Delta (DAL) to Report Q1 Earnings: A Beat in the Offing?

Despite headwinds like the partial government shutdown that hurt travel, Delta (DAL) is expected to report TRASM growth in .....»»

Category: personnelSource: nytApr 4th, 2019

Indonesia credit rating upgraded by Moody"s

Moody's has upgraded Indonesia's credit rating due to increased confidence the government will maintain its recent track record of responsibly managing the national budget and interest rate policy......»»

Category: topSource: foxnewsApr 13th, 2018

Fitch refuses to upgrade India"s credit ratings for the 12th year in a row

The government had made a strong pitch to Fitch Ratings for an upgrade after rival Moody's Investors Service last November gave the country its first sovereign rating upgrade since 2004.....»»

Category: topSource: business-standardApr 27th, 2018

China"s Terrifying "Social Credit" System Has Already Blocked 11 Million From Taking Flights

China’s terrifying ‘social credit’ system, which is a rating assigned to each citizen based on government .....»»

Category: blogSource: zerohedgeMay 24th, 2018