From left: New York Fed President John Williams and MBA Chair and President of Lennar Mortgage Laura Escobar The strength of U.S. consumers has kept the economy resilient, but recent developments raise the likelihood of a slowdown in 2025, according to a leading Federal Reserve official. Frequently changing tariff policy and the threat of geopolitical […]
Fed’s Williams flags tariff risks, signals 2025 slowdown Read More »
Investors face yet another bumpy start to the trading week, although it’s mounting concern over US debt rather than tariffs likely generating the volatility this time. Financial markets reopen in Asia on Monday after Moody’s Ratings announced Friday evening it was stripping the US government of its top credit rating, dropping the country to Aa1
Investors await another Monday jolt after Moody’s downgrades US Read More »
US states from Florida to North Carolina and Texas would likely hold onto top-notch credit scores from Moody’s Ratings, mostly because they’re in better fiscal shape than the federal government itself. More than a dozen states have pristine triple-A ratings from Moody’s, according to Bloomberg-compiled data, ranking them higher than the US government, which was stripped of
US states likely to defy US downgrade to keep top credit ratings Read More »