Changes to the country’s credit rating impact interest consumers pay on household debt like mortgages, car loans and credit cards

Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.

Moody's downgrade of the U.S. sovereign credit rating late Friday appeared to have a modest impact on corporate bond market activity on Monday, as spreads widened slightly and new bond sales started the week softer than expected.

Moody’s Investors Service downgraded the U.S. sovereign credit rating from Aaa to Aa1, marking the first time all three major credit rating agencies—Moody’s, S&P, and Fitch—have rated U.S. debt below the top tier.

Royal Caribbean Cruises Ltd. regained its investment-grade status on Monday after Moody’s Ratings upgraded the global cruise operator’s credit rating on a strong demand outlook and better credit metrics.

Moody's had investment grade rating on U.S. debt, ahead of the 2008 global financial crisis, current downgrade "not shocking," says expert.

House Speaker Mike Johnson comments on Moody's downgrading the U.S. government's credit rating during an interview on "FOX News Sunday." SHANNON BREAM, FOX NEWS: All right, quickly, I want to ask you about Moody's on Friday.

All three major stock indexes reversed their earlier losses Monday afternoon, as risk appetite improved after Moody's downgraded the U.S. credit rating. “The stock market investors don’t really care about the downgrade at this moment,