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(Image from article: "Moody's downgrades Japan a notch, citing debt")

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Gold Keeps Climbing

The spot price of gold set fresh intraday records after Moody's put its long-standing triple-A rating of U.S. Treasurys on review, triggering fresh buying of the yellow metal and prompting bulls to eye a break above $1,600 a troy ounce.

 

Moody's sounds alarm over U.S. debt limit and deficits

Moody's sounds alarm over U.S. debt limit and deficits

Ratings agency Moody's warned on Thursday it would consider cutting the United States' coveted top-notch credit rating if the White House and Congress do not make progress by mid-July in talks to raise the debt limit.

 

Moody's says may cut BofA, Citi, Wells Fargo ratings

Moody's Investors Service said it may downgrade the debt ratings of Bank of America Corp, Citigroup Inc and Wells Fargo & Co, citing concerns about waning political willingness to offer support for the largest U.S. banks.

 

Moody's Cuts BP Credit Ratings

Move echoes that of Fitch Ratings earlier in the week.

 

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