Forbes contributors publish independent expert analyses and insights. I shed light on hidden credit intent. The year 2024 could be a tipping point for credit rating agency (CRA) influence after ...

Several years ago, a conversation about credit ratings prompted a friendly argument with an acquaintance. My friend, an idealist who hated seeing how the rich and powerful took advantage of those with ...

Ally Financial's strategic actions include ceasing mortgage originations, selling Ally Credit Card and Ally Lending, focusing on higher-yielding auto and corporate loans. Despite a Q1 net income loss, ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

Rating agencies like Standard & Poor's (S&P), Fitch Ratings, and Moody's, are tasked with assessing the riskiness of corporate and government debt. S&P and Fitch cut their credit rating for the U.S.

Moody’s recent decision to downgrade the U.S. credit rating for the first time in history has reignited concerns on Wall Street and beyond, as investors reassess the reliability of government debt.

Moody's became the last of the three major credit-rating agencies to downgrade the U.S. from the highest possible credit rating. Unrelenting federal deficits, rising interest rates, and ongoing ...