Jersey City ‘Struggling,’ Moody’s Says in One-Notch Credit Cut
Moody’s Ratings cut Jersey City’s credit grade one step to A2 from A1, saying the rating reflected a…
US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
France Gets Fresh Warning on Finances as Moody’s Turns Negative
Moody’s Ratings cut France’s credit outlook to negative from stable, adding to warnings on the country’s bloated public…
A $41 Billion Debt Binge Turns Mexico Into No. 1 EM Borrower
Mexico has become the top borrower among developing countries in a standout year for emerging market bond sales,…
Gold’s Historic Rally Comes With a Bonus for Emerging Markets
A relentless surge in the price of gold is delivering windfalls across emerging markets, boosting investor confidence in…
France Gets Debt Warning as S&P Downgrades in Unscheduled Move
S&P Global Ratings downgraded France, dealing another blow to the country’s credibility as a weakened minority government struggles…
US Power Companies Aim to Spend $1 Trillion Over Next Five Years
US electric companies will spend almost $208 billion in 2025 and more than $1.1 trillion over the next…
Spain wins triple credit rating boost on improving economic outlook
Spanish Prime Minister Pedro Sanchez leaves after giving a press conference during the United Nations 4th International Conference…