Tag #Us Economy

Showing 301 to 312 of 1,600 results

theglobeandmail.com
🌐 85% Global Worthiness
News related image

Moody's Downgrades U.S. Credit Rating, Highlighting Fiscal Concerns

Moody's downgraded the U.S. credit rating to Aa1 from AAA on August 1, 2024, citing concerns about fiscal deterioration, triggering minor market reactions but highlighting deeper investor worries about the country's rising debt and deficit.

Progress

48% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
News related image

U.S. Stocks Unchanged Amidst Moody's Downgrade and Fiscal Concerns

On Monday, U.S. stocks saw minimal changes despite Moody's credit rating downgrade and a controversial tax-and-spending bill's advancement; the Dow rose 0.32 percent to 42,792.07, while the 10-year Treasury yield briefly hit 4.56 percent.

Progress

36% Bias Score

Reduced Inequality
themarker.com
🌐 85% Global Worthiness
News related image

Moody's Downgrade Spurs Market Volatility

Following a Moody's downgrade of the US credit rating, Wall Street's major indices closed slightly up, erasing opening losses; meanwhile, US Treasury bond yields surged, and the dollar weakened against major currencies, impacting gold and oil futures.

Progress

52% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
News related image

Low Gas Prices Boost Memorial Day Travel Despite Economic Concerns

The national average gas price is projected to be \$3.08 this Memorial Day, the lowest since 2021, benefiting the nearly 40 million Americans expected to travel by car this holiday weekend; however, this is partially due to concerns about the economy and reduced refinery capacity.

Progress

40% Bias Score

No Poverty
forbes.com
🌐 85% Global Worthiness
News related image

Moody's Downgrade Impacts Treasury Yields, Increases Borrowing Costs

Moody's downgraded the U.S. credit rating to Aa1 from Aaa on Friday, citing rising government debt, impacting Treasury yields and increasing borrowing costs for consumers and businesses; the Republican party's proposed $4.5 trillion tax cut plan is expected to worsen the situation.

Progress

40% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
News related image

Moody's Downgrades U.S. Credit Rating, Sending Stock Futures Lower

Moody's downgraded the U.S. credit rating from Aaa to Aa1 on Friday, citing rising federal deficits projected to reach almost 9% of the U.S. economy by 2035, causing stock futures to decline before Monday's opening bell and the U.S. dollar to weaken.

Progress

40% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
News related image

Mortgage Rates Top 7% Amid Moody's Downgrade, Exacerbating Housing Crisis

The average 30-year mortgage rate climbed above 7% on Monday for the first time since April 11, following Moody's downgrade of the U.S. credit rating and a rise in the 10-year Treasury yield to above 5%, impacting homebuyers facing high prices and limited affordability.

Progress

44% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
News related image

Dimon Warns of Underestimated Economic Risks, Predicting Market Correction

JPMorgan Chase CEO Jamie Dimon warned on Monday that markets and central banks underestimate the risks of record U.S. deficits, tariffs, and international tensions, predicting a significant decline in S&P 500 earnings and increased odds of stagflation.

Progress

52% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
News related image

Greek Economists: Trump's Tariffs to Harm US Economy

The Greek Panel of Economists overwhelmingly (91%) predicts that the Trump administration's tariff policy will harm the US economy due to uncertainty and instability, even before considering predictable negative effects on international trade. This is despite the initial intention to protect domesti...

Progress

48% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
News related image

US Consumer Confidence Plummets to 50.8 Amid High Interest Rates and Inflation

US consumer confidence fell to its lowest level since July 2022 in May, declining 2.7% to 50.8, a 30% decrease year-to-date, driven by high interest rates and inflation despite recent cooling.

Progress

48% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 85% Global Worthiness
News related image

Moody's Downgrades US Debt Rating to Aa1

Moody's downgraded the US Treasury debt rating to Aa1 from Aaa on Friday, citing concerns about rising public deficits and economic weakening, leading to increased Treasury bond yields and a fall in the dollar.

Progress

40% Bias Score

Reduced Inequality
nrc.nl
🌐 85% Global Worthiness
News related image

Moody's Downgrade Increases US Borrowing Costs

Moody's downgraded the US credit rating to Aa1 on Monday due to Republican plans for tax cuts, causing long-term Treasury bond rates to surge and increasing borrowing costs for the US government, already facing a high budget deficit and debt.

Progress

40% Bias Score

Reduced Inequality

Showing 301 to 312 of 1,600 results