credit-ratings
6 stories related to this topic, newest first.
SemaforMoody's Exits South African Ratings Market as Social Grant Agency Addresses Payment Concerns
Global credit ratings agency Moody's has withdrawn its license in South Africa, shifting focus to cross-border services while endorsing its subsidiary GCR for local markets. Separately, South Africa's social grant agency reassured recipients that payments will proceed on schedule…
SemaforMoody’s Surrenders South African License, Designates Subsidiary GCR for Domestic Ratings
Global credit ratings agency Moody’s gave up its South African license on May 4, 2026, as part of a shift to prioritize cross-border investors and international funding for African issuers. The move leaves a regulatory gap that its subsidiary GCR, the continent’s biggest home-gro…
Wikideas1 / Wikimedia (CC0)U.S. Public Debt Surpasses Annual GDP, First Time Since World War II
U.S. debt held by the public has surpassed the country's annual GDP, reaching $31.27 trillion against $31.22 trillion in GDP. The Committee for a Responsible Federal Budget announced the milestone based on recent Bureau of Economic Analysis data. Fitch Ratings warned of potential…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)U.S. Stocks Dip Slightly Amid Mixed Earnings; T-Mobile Raises Guidance, Mondelez Beats Estimates
Major U.S. indices ended lower on Tuesday amid corporate earnings reports and geopolitical tensions. T-Mobile lifted its full-year outlook, while Mondelez exceeded Q1 expectations. Gold prices fell sharply amid concerns over the Strait of Hormuz.
uctoday.comFlorida AG Issues Civil Investigative Demands to Environmental Groups, Corporations on Packaging Standards
Florida Attorney General James Uthmeier issued civil investigative demands to the U.S. Plastics Pact and several corporations, seeking documents on coordinated packaging practices. The move follows warnings from a coalition of Republican attorneys general about potential antitrus…
LucaLindholm / Wikimedia (CC BY-SA 4.0)S&P Global Ratings Lowers Credit Rating on New Orleans Amid Financial Challenges
S&P Global Ratings has reduced New Orleans' credit rating by one notch due to ongoing financial difficulties. The downgrade reflects the city's struggles with budget shortfalls and pension obligations. This action highlights broader fiscal pressures facing the municipality.