In a famous exchange from Ernest Hemingway’s The Sun Also Rises, one friend asks “how did you go bankrupt?” to which the friend replies, “two ways, gradually and then suddenly.” ...

Brazil’s government didn’t do enough to improve its credibility with investors, pushing the central bank to hike interest ...

Moody's Ratings became the third and final credit rating to downgrade the U.S. government's debt from its top rating by one ...

The Moody’s rating change came at a time when there are expectations that the federal deficit and interest expense won't be ...

America's debt-addicted government just lost its triple-A credit rating from Moody's, as it previously had from fellow rating agencies S&P and Fitch. Many in Washington shrugged the move off as minor ...

Just weeks after Moody’s downgraded the U.S. Government’s top credit rating, the credit ratings provider reaffirmed Utah’s Aaa issuer rating.

When the U.S. lost its last AAA credit rating earlier this month, a nonprofit group that tracks government spending wasn't ...