Ratings Agency Egan-Jones Downgrades US Debt
Ratings agency Egan-Jones has downgraded its credit rating for US debt one level -- to AA- from AA -- citing Federal reserve plans to try to stimulate the economy by buying mortgage bonds.
US downgrade
Will U.S. Downgrade Bring On a Bear Market?
Standard & Poor's downgraded the U.S. debt rating for the first time on Friday. Coming on top of concerns of a second recession, the move has investors worried that we're headed into a bear market for stocks. Here's what that would look like.
America's Credit Downgraded: What You Need to Know
Rumors were swirling all day Friday, and then it finally hit: Standard & Poor's downgraded the nation's credit rating. Here's what it means for you.
