NORTH AMERICA

Moody's downgrades US credit rating

US dollar down, bond yields up

US president Donald Trump in Doha, Qatar in May 2025

US president Donald Trump in Doha, Qatar in May 2025 | Credits: Official White House Photo by Daniel Torok

Moody's downgraded its US rating from AAA to AA1 on Friday, as the last of the three major rating agencies to downgrade the country from the highest possible credit rating. The downgrade follows concerns...

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