News with the tag "Moody"

White House National Economic Council Director Kevin Hassett doesn’t agree with Moody’s downgrade of the US credit rating. Hassett says in a new interview with Fox Business that US debt “is the safest bet on Earth.” “There’s no country’s debt that I’d rather have than the United States’, and so Mood...

Hard-right Republicans in Congress killed Trump’s long-promised tax overhaul on Friday, the same day Moody’s pulled the US government’s last AAA credit rating, slamming Washington for its runaway debt and refusal to cut spending. The rejection of the bill by five Republicans on the House Budget Comm...

Fund managers, strategists and analysts predicted slower economic growth with increased inflation risk. They expressed that the probability of a recession rose to 36% from 23% in January. In a recent CNBC Fed Survey , fund managers, analysts, and strategists raised the risk of a recession to a six-m...

The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.

The companies will combine their strengths to provide enhanced virtual asset service providers screening ability.

Moody’s has initiated a review for potential downgrades of six U.S. regional banks due to their considerable exposure to commercial real estate (CRE) loans. Moody’s Corporation, established in 1909 and recognized as one of the “Big Three” credit rating agencies along with Standard & Poor’s (S&P) and...

Moody’s Corporation, a leading provider of credit ratings, research, and risk analysis, is making significant strides in leveraging generative artificial intelligence (AI) to revolutionize the financial services industry. In their recent earnings call on Tuesday, Moody’s executives emphasized the pi...

Hold on to your hats, folks, because the global economy is looking like a rollercoaster that’s lost its brakes, and Moody’s isn’t shy about ringing the alarm bells. In a recent twist, global corporate defaults have skyrocketed, leaving economists and market analysts scratching their heads and lookin...

In a remarkable shift of perspective, Moody’s Investors Service has upgraded Nigeria’s credit outlook from stable to positive. This notable change reflects the burgeoning confidence in fiscal reforms and efforts to bolster its foreign reserves. The Nigerian government’s proactive measures, including...