The Latest Breaking News from Moody

Investors are either increasingly unwilling or unable to finance a dysfunctional U.S. government, and this risks pushing borrowing costs for Americans higher.

Congress has passed a stopgap measure, but will lawmakers agree on detailed spending bills for the entire fiscal year?

A shutdown is possible if Congress fails to provide funding for the fiscal year starting October 1.

Amid the growing challenges of ratings downgrades by top credit rating agencies and higher deposit costs, it could be wise to look beyond borders and buy fundamentally strong foreign banking names Commerzbank (CRZBY), Intesa Sanpaolo (ISNPY), and Banco BBVA Argentina (BBAR), which have delivered impressive returns. Read more….

Moody's flags concerns about security and privacy vulnerabilities in centralised ID systems like India's Aadhaar. It notes service denials, biometric reliability issues, and the burden of authorization. It suggests decentralised ID systems, which offer users more control of their data and reduce online fraud.

Councils’ decision-making caused the worst failures, but lack of Westminster oversight is also to blame

Byron Allen was once the youngest stand-up in the history of Johnny Carson's "Tonight Show." Now he's a mogul in the mix with Bob Iger's Disney TV sale.

The U.S. banking industry currently faces challenges like rising deposit costs, rating downgrades, slowing loan growth, stricter lending standards, etc. Therefore, watching the momentum of major banks like JPMorgan Chase (JPM), Wells Fargo (WFC), and Bank of America (BAC) could offer investment opportunities. Let’s find out which of these stocks…

Rating agency report amid local government crisis lists 20 most indebted authorities relative to size