The Moody's announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs.

The downgrade follows a change in the outlook on the sovereign in 2023 due to wider fiscal deficit and higher interest ...

Years of rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service ...

Maryland has received an AAA rating every year since 1973, according to Moody's. A year ago, the state maintained its top credit rating from Moody's. In 2014, then-Gov. Martin O'Malley boasted how ...

S&P Global Ratings stripped the US of its coveted AAA credit rating in 2011, and Fitch Ratings did the same in 2023. Given ...

Moody’s is the last of the three major rating agencies to lower the federal government’s credit. Standard & Poor’s downgraded ...

The Pennsylvania Economic Development Financing Authority seeks to issue $80 million of bonds for waste-disposal facilities in a negotiated deal. The Solid Waste Disposal Revenue Bonds, Series 2025A, ...

Morningstar has been grading stock and bond funds for years, but it's now going to begin rating less-liquid private asset ...

The fund posted returns of -0.31% (Institutional shares) and-0.37% (Investor A shares, without sales charge) for the first ...

Hedge fund Fermat Capital Management expects the market for catastrophe bonds to grow 20% this year, as a product based on ...

Moody’s downgraded the state’s credit rating to Aa1. Maryland had received a triple-A bond rating from Moody’s since 1973.

The fund posted returns of 2.32% (Institutional shares) and 2.26% (Investor A shares, without sales charge) for the first ...