Issuing the world’s reserve currency has long allowed the US to borrow cheaply, even with outsized deficits. But every privilege – even an ‘exorbitant’ one – comes with responsibilities. And right now ...

The Mexican peso continued to gain on the dollar on Tuesday morning after Moody's downgraded the United States' sovereign credit rating.

Decades of excessive spending by Congress has caused Moody's to lower America's credit rating. We'll look at federal revenue ...

WTI crude oil remains in a consolidation phase, trading within a broader range defined by two key Fibonacci retracement ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

According to the Committee for a Responsible Federal Budget, the “big beautiful bill” would increase the national debt by at ...

The stock market didn’t notice. The S&P 500 secured its sixth winning day in a row and the Dow added 137 points. Equity investors at this point seem numb to both fiscal calamity and shaky economic ...

Government bonds aren't the "shock absorbers" investors can rely on in times of volatility, KKR said, while Jamie Dimon this ...

Moody’s Ratings became the last of the three major credit-rating agencies to say the U.S. federal government no longer deserves a top-tier AAA rating.

Billionaire Ray Dalio weighed in on Moody’s recent downgrade of the U.S. creditworthiness, claiming the move understates the ...

U.S. stock indexes are drifting as momentum slows for Wall Street after it rallied from a deep hole nearly all the way back ...

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.