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Published on 09:56 GMT

The U.S. loses its last perfect credit rating. Will there be political fallout? Here’s why the answer is probably ‘no.’

Something important happened last week that ought to become an issue in next year’s midterm congressional races, but probably won’t. The financial services company Moody’s downgraded the United States’ bond rating, becoming the last of the three major …

Source: Cardinal News - Virginia - Pending
Published on 19:16 GMT

US Credit Rating Downgraded Amid Debt Concerns and Tax Legislation Debate

Washington, D.C. — Concerns about increasing U.S. debt grew Friday after Moody's downgraded the country’s credit rating from AAA to Aa1. This historic decision comes as the Trump administration pushes its controversial tax cuts for corporations and …

Source: Times News Global - Pro-Government
Published on 12:25 GMT

Mnuchin Flags US Budget Deficit as Bigger Worry Than Trade Gap

(Bloomberg) -- Former United States Treasury Secretary Steven Mnuchin said he’s more alarmed by the country’s growing budget deficit than its trade imbalances, and urged Washington to prioritize fiscal repair. Most Read from Bloomberg “I’m very concerned,” …

Source: Yahoo Finance - Center-left
Published on 13:25 GMT

US Treasury yields rise as Washington’s budget fight drags on

Yields on US government Treasury bonds jumped again Wednesday, as Wall Street turned its focus to President Donald Trump’s stalled tax bill and the growing fear that Washington is about to dig the deficit even deeper. According to CNBC, investors pushed …

Source: Cryptopolitan - Indeterminate
Published on 12:48 GMT

South Africa sees wider budget deficit, higher debt after scrapping VAT hike

CAPE TOWN (Reuters) -South Africa’s National Treasury said on Wednesday that this fiscal year’s budget deficit would be wider and public debt higher after it was forced to backtrack on a proposed increase in value-added tax (VAT). The Treasury was …

Source: KFGO - North Dakota - Neutral
Published on 10:07 GMT

The IMF tells the US to reduce its budget deficit and deal with the ‘ever-increasing’ debt burden

A senior International Monetary Fund (IMF) official warned the United States of its ballooning fiscal deficit. According to the US Treasury fiscal data website, the country has accumulated a $36.8 trillion national debt, and the federal debt to GDP ratio …

Source: Cryptopolitan - Indeterminate
Published on 16:24 GMT

Opinion: A Trump budget that adds more debt

“How did you go bankrupt? “Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises The pace of the nation’s gradual pathway to fiscal ruin became a little more sudden last week with news that the rating agency Moody’s was downgrading U. …

Source: Deseret News - Utah - Pending
Published on 12:11 GMT

Ontario’s debt to cross half-a-trillion dollars in 2027: Ford government budget

Ontario taxpayers will be on the hook for more than half a trillion dollars in debt by 2027, according to the Ford government’s latest provincial budget, raising questions about how the province plans to address the ballooning financial burden. Finance …

Source: Global News - Neutral
Published on May 20, 2025

Moody’s Lowers U.S. Credit Rating As Debt Nears $37 Trillion, Here’s Why

Congress spending and wasting your money.getty In a not-so-surprising move, the rating agency Moody’s has downgraded the credit quality of the U.S. to AA1 from AAA. This recent action reflects the ever-growing concern over America’s budget deficits and …

Source: Forbes - Neutral
Published on May 20, 2025

For Rich Countries, Credit Ratings Are Mostly Meaningless—Heard on the Street

Despite Friday's U.S. credit-rating downgrade, fiscal concerns are unlikely to drive markets for very long. The trade war dislocated the Treasury market, and House Republicans just advanced a tax-and-spending bill that is set to further inflate budget …

Source: Yahoo Finance - Center-left
Published on 05:49 GMT

South Africa at a crossroads: economic strategies unfold as Ramaphosa visits the US and Godongwana presents budget

Daily News Reporter|Published 1 hour ago 2min MAY 21, 2025, is likely to go down as a significant day for the history of South Africa, that's because two pivotal events that have the potential to reshape the nation’s economic course are set to go down. …

Source: Daily News - Indeterminate
Published on May 20, 2025

Sell-offs resume on Wall Street as Moody’s downgrades US credit rating

By Tina Teng Published on 19/05/2025 - 8:26 GMT+2•Updated 10:38 Following a broad weekly rally on Wall Street amid a de-escalation in the US-China trade war, risk-off sentiment once again prevailed in global markets following a major downgrade of …

Source: Euronews - Neutral
Published on 04:36 GMT

Budget 3.0: time to fix our economy BLSA

Investors will be watching Budget 3.0 closely on Wednesday afternoon to see if it includes measures that will benefit the economy. Busisiwe Mavuso, CEO of BLSA. Photo: Supplied BUSINESS NEWS - With Minister of Finance Enoch Godongwana trying this week for …

Source: George Herald - Pending
Published on 04:31 GMT

Watershed Wednesday: Ramaphosa meets Trump at the White House and Godongwana to present Budget 3. 0

Today marks a pivotal juncture for South Africa, as two significant events could shape the nation’s economic landscape. President Cyril Ramaphosa is in the United States on a historic visit, while Finance Minister Enoch Godongwana prepares to table the …

Source: IOL - Indeterminate
Published on 02:47 GMT

Winston-Salem proposes $727 million budget with rate hikes

WINSTON-SALEM, N.C. — City leaders are working to finalize the upcoming fiscal year's budget, with a proposed $727 million plan that could increase property rates. The proposal, presented by City Manager Pat Pate at the recent city council meeting, …

Source: ABC45 - North Carolina - Center-right
Published on May 19, 2025

Moody’s lowers US credit rating; US budget deficit plus 6% of GDP

Monday, May 19th 2025 - 08:26 UTC “Nobody takes his ‘analysis’ seriously. He has been proven wrong time and time again,” Cheung said. Moody’s Ratings decision last week to lower the US credit rating to Aa1 from Aaa, (the highest investment-grade position) …

Source: MercoPress - Neutral
Published on 01:55 GMT

Handouts now, pay later: Jacinta Allan defends debt-laden budget

Victorian Premier Jacinta Allan has defended her government’s decision not to tackle the state’s soaring debt that is forecast to reach a record $194 billion within four years, saying her priority is providing cost-of-living relief for households. …

Source: Financial Review - Center-right
Published on May 20, 2025

DT Midstream Achieves Investment Grade Credit Rating

DETROIT, May 20, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that it has achieved an investment grade rating with two agencies: Moody’s Ratings upgraded DTM’s credit rating to Baa3 with a stable outlook on May 16, 2025; and Fitch …

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Published on May 19, 2025

What Moody’s downgrade of U.S. credit rating means for your money

A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia. Sha Hanting | China News Service | Getty Images Moody's decision to downgrade the U.S. credit rating may have consequences for your money, experts say. The debt downgrade put …

Source: CNBC - Neutral

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Published on May 20, 2025 - 11:00 GMT

DT Midstream Achieves Investment Grade Credit Rating

DETROIT, May 20, 2025 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that it has achieved an investment grade rating with two agencies: Moody’s Ratings upgraded DTM’s credit rating to Baa3 with a stable outlook on May 16, 2025; and Fitch …

Distribution channels: Media, Advertising & PR, Shipping, Storage & Logistics ...
Published on May 21, 2025 - 09:09 GMT

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on May 21, 2025 - 09:14 GMT

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 09:12 GMT

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on May 21, 2025 - 14:19 GMT

$255 Payday Loans: Direct lender, Same Day, No Credit Check - Payday Loans Online Near Me - Wizzay

New York City, NY, May 21, 2025 (GLOBE NEWSWIRE) -- With the world becoming increasingly fast-paced, unexpected bills can crop up at anytime, leaving people in urgent need of cash. For people with impending cash emergencies, $255 payday loans online same …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on May 21, 2025 - 12:00 GMT

GraniteShares launches new YieldBoost ETFs on NVIDIA (NVYY) and Bitcoin (XBTY)

NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- GraniteShares, an ETF issuer specializing in high conviction ETFs, announced that it is launching two ETFs to add to its existing YieldBOOST lineup - the GraniteShares YieldBOOST NVDA ETF (NVYY) and the …

Distribution channels: Banking, Finance & Investment Industry ...
Published on May 18, 2025 - 09:23 GMT

Moody's Downgrades US Credit Rating

(MENAFN) Moody’s has downgraded the United States' credit rating from its perfect triple-A (AAA) status, citing growing worries about the country’s ability to afford its debt. This marks the first time since 1917 that the agency has lowered the nation…

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Published on May 17, 2025 - 21:18 GMT

Moody’s downgrades US’ credit rating for first time since 1917

(MENAFN) Moody’s has downgraded the United States’ credit rating for the first time since 1917, citing growing concerns about the country’s ability to manage its debt. The agency lowered the rating from the highest possible level of AAA to Aa1, aligning …

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Published on May 21, 2025 - 19:03 GMT

Vaughan Vitality & Wellness Introduces the Functional Medicine Perspective on Metabolic Dysfunction

Costa Mesa, California – Vaughan Vitality & Wellness, a top Naturopathic Doctor in Costa Mesa, California, is thrilled to announce the launch of its online resource dedicated to detailing the functional medicine perspective on metabolic dysfunction. …

Distribution channels: Business & Economy, Companies ...
Published on May 21, 2025 - 19:00 GMT

Affordable Payroll Services Boost Compliance and Efficiency for Washington Small Businesses

Affordable payroll services in Washington help small businesses boost compliance, security, and efficiency with expert support. MIAMI, FL, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Payroll administration is still an essential component …

Distribution channels: Business & Economy ...
Published on May 21, 2025 - 19:00 GMT

Affordable Payroll Services Enhancing Accuracy and Compliance for Nevada’s Small Businesses

Affordable payroll services for small businesses in Nevada improve compliance, accuracy, and cost efficiency. MIAMI, FL, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The need for precise and economical payroll administration is growing as …

Distribution channels: Business & Economy ...
Published on May 21, 2025 - 18:57 GMT

Startup ‘YELLOW’ Aims to Modernize Real Estate with Online-First Approach

Real estate gets a reset: A new platform reimagines home sales with transparency, digital efficiency, real support, and no commissions. PONTE VEDRA BEACH, FL, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- A new Florida-based real estate startup, …

Distribution channels: Business & Economy, Companies ...
Published on May 21, 2025 - 18:55 GMT

Smart ERP Solutions to Host Webinar on Effective Data Archival Strategies

Data Archival: A step-by-step guideline for predictable outcomes PLEASANTON, CA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Smart ERP Solutions (SmartERP), a leader in providing intelligent enterprise resource planning (ERP) services and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 18:45 GMT

UAGC Launches “Summer of Learning” Professional Development Series to Empower the Modern Workforce

CHANDLER, AZ, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The University of Arizona Global Campus (UAGC) is launching its 2025 Summer of Learning Professional Development Series, a dynamic and timely initiative designed to empower …

Distribution channels: Business & Economy, Companies ...
Published on May 21, 2025 - 18:29 GMT

Steve Hasenmueller Selected to Appear on ABC, NBC, CBS, and FOX Network Affiliates as a Guest on 'Times Square Today'

NEW YORK, NY, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Steve Hasenmueller, acclaimed speaker, author, sales trainer, and Broadway producer, has been selected to appear on "Times Square Today," a nationally broadcast segment …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 21, 2025 - 18:23 GMT

JAMUL CASINO RESORT NOW ACCEPTING ROOM RESERVATIONS FOR STAYS BEGINNING AUG. 11

San Diego’s Newest Boutique Hotel Now Available to Book Ahead of Grand Opening This Summer SAN DIEGO, CA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Later this summer, Jamul Casino Resort will welcome guests to its all-new, expanded, …

Distribution channels: Amusement, Gaming & Casino, Business & Economy ...
Published on May 21, 2025 - 18:22 GMT

DejaOffice CRM Featured by Lifewire as a Top Android Productivity App

Author Jody Emlyn Muelaner highlights DejaOffice for Outlook features, clean design, and secure sync PORTLAND, OR, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- DejaOffice CRM has again earned a place on Lifewire's list of top Android …

Distribution channels: Business & Economy, Consumer Goods ...
Published on May 21, 2025 - 18:15 GMT

Global Protein Market Size Forecast to Reach USD 36.69 billion by 2030 - Says Mordor Intelligence

The protein market is segmented by source (animal, microbial, plant), end user (animal feed, food & beverages, personal care & cosmetics, supplements) & region. HYDERABAD, TELANGANA, INDIA, May 21, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on May 21, 2025 - 18:04 GMT

Introducing Amorphic by Cloudwick: The AI-Ready Data Platform Built for Government Agencies

Built for government, Amorphic simplifies data, AI, and automation—enabling public agencies to modernize, reduce manual work, and improve service delivery. NEWARK, CA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Cloudwick is pleased to …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on May 21, 2025 - 18:03 GMT

The Good Feet Store Re-Opens in The Avenue Murfreesboro, Helping Local Residents and Workforce Live the Life They Love

The Leading Retailer of Premium, Personally-Fitted Arch Supports Updates In-Store Customer Experience with the Opening of its Relocated Murfreesboro Location MURFREESBORO, TN, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The Good Feet Store …

Distribution channels: Business & Economy, Companies ...
Published on May 21, 2025 - 18:00 GMT

Affordable Payroll Services Enhance Payroll Management for Growing Wyoming Businesses

IBN Technologies offers affordable payroll services in Wyoming, ensuring accuracy, compliance, and expert support for small businesses. MIAMI, FL, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Wyoming's small enterprises are becoming more viable …

Distribution channels: Business & Economy ...
Published on May 21, 2025 - 17:59 GMT

Sell The Trend Launches TikTok Shop Integration to Enhance Dropshipping Features

Sell The Trend Platform Introduces Integration with TikTok Shop to Help Entrepreneurs Scale Their Businesses Effortlessly NEW YORK CITY, NY, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Sell The Trend, a leading provider of AI-powered …

Distribution channels: Business & Economy, Consumer Goods ...
Published on May 21, 2025 - 17:44 GMT

HSO Showcases Innovative MCP-Powered Copilot Agent for Dynamics 365 Finance at Microsoft Build 2025

Among the first MCP-powered agents, co-developed with Microsoft to redefine AI-driven automation in finance. AMSTERDAM, NETHERLANDS, May 21, 2025 /⁨EINPresswire.com⁩/ -- HSO, a leading global business transformation partner and top-tier Microsoft …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 21, 2025 - 17:34 GMT

Eleven Barton Gilman Attorneys Selected as 2025 Professional Excellence in Law Honorees by Rhode Island Monthly

PROVIDENCE, RI, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Barton Gilman is pleased to announce that eleven of its attorneys have been selected as 2025 Professional Excellence in Law honorees by Rhode Island Monthly. This distinction …

Distribution channels: Business & Economy, Education ...
Published on May 21, 2025 - 17:34 GMT

VetComm Unveils Newly Designed Company Website to Enhance Veteran Support

VetComm Enhances Veteran Support with User-Friendly Website Featuring Improved Navigation, Real-Time Testimonials and Transparent Pricing SAN DIEGO, CA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- VetComm, an organization dedicated to …

Distribution channels: Business & Economy, Companies ...
Published on May 21, 2025 - 17:03 GMT

With End Diaper Need Act, Congress Could Improve Child Health, Help Working Families

Proposed legislation would providing funding to states and other eligible organizations, such as nonprofit diaper banks, to get diapers to families in need. NEW HAVEN, CT, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- On Tuesday, U.S. Sens. …

Distribution channels: Business & Economy, Consumer Goods ...
Published on May 21, 2025 - 17:00 GMT

Kerry W. Kirby Leads The Conversation on AI Co-Workers Ushering in a New Workforce Paradigm in Visionary Podcast

Workforce Shake-Up: Kerry W. Kirby Breaks Down the AI Co-Worker Revolution NEW ORLEANS, LA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- 365 Connect, the leader in providing the world’s most advanced automated marketing, leasing, and …

Distribution channels: Business & Economy, Real Estate & Property Management ...
Published on May 21, 2025 - 17:00 GMT

Affordable Payroll Services in California Streamlining Payroll for Small Businesses with Compliance and Accuracy

 IBN Technologies offers affordable payroll services for small businesses in California, ensuring compliance, accuracy, and efficiency. MIAMI, FL, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- In California, payroll services are becoming …

Distribution channels: Business & Economy ...