The Moody’s credit rating agency delivered a victory to Hamas and its Iranian patron on Friday by downgrading Israel’s credit rating for the first time ever, from A1 to A2, due to the war Hamas started.
Politicians and pundits might delight in aiming their blame-throwers at their rivals over the U.S. credit rating downgrade. For markets and the economy, however, it does not matter.
The first member of Generation Z to become a congressman-elect has reportedly been denied a Washington, DC, apartment due to “really bad” credit.
Following news of the recent Capital One data breach which saw over 100 million Americans and 6 million Canadians left vulnerable, here are some ways to protect your personal data.
New reports suggest that social justice haven Oberlin College is facing a myriad of financial issues.
The world’s top credit rating agency has warned U.S. state and municipal governments that they must make climate change preparations or suffer credit downgrades and pay higher interest rates to borrow.
Standard & Poors lowered its view of China’s creditworthiness, less than a month ahead of the country’s most important and sensitive political gatherings.
Moody’s credit rating service warned on Wednesday that new tax hikes by Illinois’ Democrat-controlled legislature, which over-rode a Republican governor’s veto, may still leave the state insolvent and subject to its debt being the first in the nation to be downgraded to “junk.”
As Orange County, Ca. was making its final bankruptcy bond payment to end its 23-year bankruptcy reorganization; Illinois, Connecticut, and Maine went into default shut-downs after failing to pass state budgets before the start of their July 1st fiscal years.
Moody’s Credit Rating Service warned last week that budgetary pressure on state and local governments is accelerating as public employee pension systems are forced to follow moves by CalPERS and CalSTRS to lower investment return expectations to 7 percent.
