Reported about 16 hours ago
Moody's Ratings has downgraded the United States' debt, stripping it of its last AAA credit rating, which it held since 1917. This downgrade, influenced by rising government debt and interest payments, could lead to increased borrowing costs for Americans already facing economic challenges. While the outlook remains stable, concerns loom over the nation's increasing deficit and political instability, which have contributed to past downgrades by other agencies.
Source: YAHOO