Triple-A credit rating

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China Blasts US Debt 'Addiction'

Irate over credit downgrade, Beijing lets loose

(Newser) - If Washington thought last night's credit downgrade was a just a nightmare, it woke up this morning to the cold, hard reality of China bashing it over the head for its free-spending ways. In what the New York Times calls a sign of America's plummeting global cachet, Beijing...

2012 Rivals Pounce on AAA Downgrade

GOP contenders pummel Obama's handling of economy

(Newser) - Last night's downgrade of the US' triple-A credit rating was the political equivalent of blood in the water for Republican presidential candidates, who immediately pounced on President Obama's handling of the economy, reports Politico. A taste of the blood-letting:
  • Michele Bachmann: “The United States has had a
...

Moody's Keeps Triple-A Rating for US, but ...

It says the outlook is 'negative;' no word yet from S&P

(Newser) - Two of the big three rating agencies have spoken, and neither is yanking the nation's triple-A credit rating—for the time being. Moody's kept the Aaa in place in the wake of the debt ceiling deal but said the rating outlook is "negative," meaning it can...

Stocks Up, Gold Down as Markets React to Deal

Investors wait to see if US credit rating could be downgraded

(Newser) - The debt ceiling deal quickly helped calm hyperventilating markets, with S&P 500 stock futures up 1.5% on overnight trading, Asian stock markets up, and gold down, reports Reuters . But with the US dollar mostly unchanged, long-term US treasury bonds down, and the continued threat of a downgrade to...

Fitch Threatens to Downgrade US, Too

Joins S&P and Moody's

(Newser) - The third major bond rating agency joined the chorus warning that the US is in danger of losing its AAA credit rating today. Fitch Ratings said it was placing US in the “ratings watch negative” category, which according to Politico can lead to a downgrade in three to six...

Moody's Warns US to Strike Deal on Debt Limit

It threatens to downgrade nation's triple-A credit rating

(Newser) - Moody's is getting antsy over the lack of progress on a deal to raise the debt limit and cut the deficit, reports the Washington Post . It warned today that it will consider lowering the nation's credit rating unless a deal emerges by mid-July, citing a "very small...

Looking for Extra Credit, Schools Get Downgraded

(Newser) - The credit crunch is starting to hit even top-tier universities, the Wall Street Journal reports. Both Moody’s and S&P stripped Dartmouth of its AAA rating this week. It’s the 20th college Moody’s has downgraded this year. “That’s comparable to the rate of downgrades universities...

Rating Agency Again Judges USA AAA
Rating Agency Again Judges USA AAA
May 27, 2009 11:28 AM CDT

Rating Agency Again Judges USA AAA

Uncle Sam's debt holds steady despite 'negative pressure'

(Newser) - Moody’s today reassured investors that the United States government won’t lose its AAA credit rating…yet. Last week Standard & Poor warned that it might soon drop Britain’s debt rating, sparking panic that other governments could follow. A Moody’s VP said the US’ rating is the...

Dollar Hits 2009 Low
 Dollar Hits 2009 Low 
May 22, 2009 6:48 AM CDT

Dollar Hits 2009 Low

Credit rating fears send greenback falling against pound, euro

(Newser) - The dollar fell to its lowest level of the year today as investors grew nervous that the US could lose its triple-A credit rating, Reuters reports. The greenback declined to $1.39 against the euro and $1.58 against the pound, echoing similar drops across the world. Yesterday, Moody's said...

Credit Rating Agencies Off-Base But Bullet-Proof

(Newser) - Until the day Lehman Brothers declared bankruptcy, all three of the major credit-ratings agencies swore its debt was safe, rating it A or better. They rated AIG at AA. And they gave 75% of the $3.2 trillion of subprime mortgage securities iron-clad AAA ratings. Moody’s, S&P and...

GE's Immelt Lacks Options
 GE's Immelt 
 Lacks Options 
ANALYSIS
Apr 3, 2009 2:32 PM CDT

GE's Immelt Lacks Options

CEO needs to shrink, simplify the business, but can't

(Newser) - Don’t envy GE’s Jeffrey Immelt. Though his core business remains profitable, the CEO presides over a huge, unwieldy empire. Parts of the conglomerate, like GE Capital, have tanked the entire corporation’s share price and caused it to lose its prized AAA credit rating. Worse, Immelt may  have...

Buffett Offers to Save Municipal Lenders

Stocks rally, but companies may rebuff opportunistic Hathaway

(Newser) - Warren Buffett rode to the rescue today, though the color of his horse is in question. The Sage of Omaha offered to reinsure $800 billion worth of municipal bonds, resolving “in one stroke of a pen” the jitters plaguing the municipal debt market. But his plan is also a...

Bush Legacy of Debt May Stymie Successor

He will unveil record $3T budget as deficit soars

(Newser) - The next president may inherit a US government so deeply in debt it could lose its Triple-A credit rating for the first time since Moody's Investors Service began grading securities 90 years ago, warns the Wall Street Journal. The White House is preparing to unveil a record $3 trillion budget...

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