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Moody’s Ratings Service on Friday downgraded the credit rating of the United States, warning that rising interest payments, expanding federal debt, and a lack of meaningful fiscal reform pose long-term risks to the country’s creditworthiness. The downgrade drops the U.S. one notch below Moody’s top-tier rating, reflecting growing concerns about …
Read More »Moody’s Downgrades U.S. Credit Rating, Citing Debt Surge and Interest Costs
