Moody’s cut the U.S. credit rating one notch to Aa1 from Aaa due to the federal government’s ballooning budget deficit and soaring interest payments.
Related Posts
Musk will withdraw OpenAI bid if ChatGPT maker stays nonprofit, lawyers say
OpenAI was initially founded as a non-profit in 2015, and later converted to a “capped profit” model in 2019.
Fund manager reveals how his little-known ETF gained 80% in 2024
The portfolio manager behind the Hong Kong-listed fund expects the AI growth rally to continue in 2025.
UPS to cut 20,000 jobs on likely lower Amazon shipments, profit beats estimates
United Parcel Service reported a first-quarter profit that beat market expectations and said it will cut 20,000 jobs as the parcel giant looks to trim […]