Category: STANDARD AND POORS
S&P Downgrades U.S. Credit Rating For The First Time
( Zachary A. Goldfarb) Standard & Poor’s announced Friday night that it has downgraded the United States credit rating for the first time, dealing a huge symbolic blow to the world’s economic superpower in what was a sharply worded critique of the American political system. Lowering the nation’s rating one-notch below AAA, the credit rating company said [...]
