Moody's Ratings downgraded the U.S. credit rating by one notch, from a pristine Aaa to Aa1, citing persistent and rising ...

WASHINGTON ― Republicans ’ “big, beautiful bill” went down in a big, ugly flop as conservatives voted against the measure in ...

Moody’s cited rising debt saying US had repeatedly failed to end the trend of large annual fiscal deficits and interest.

Moody's was the last credit-rating agency to keep the U.S. at a top AAA rating. That changed Friday, with Moody's joining S&P ...

Moody’s lowered the US credit score to Aa1 from Aaa on Friday, joining Fitch Ratings and S&P Global Ratings in grading the world’s biggest economy below the top, triple-A position.

Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the ...

Congressional Republicans in both chambers are attempting to make cuts to federal spending while also boosting defense ...

Gov. Gavin Newsom said Wednesday morning that California is facing a shortfall of $12 billion for the upcoming budget year.

Florida’s Republican leaders are engulfed in a bitter clash over billions in tax cuts and a state budget divide, even as deficits loom.

Moody’s has stripped the US of its top-notch triple-A credit rating as it warned about rising levels of government debt and a widening budget deficit in the world’s biggest economy.