
Moody’s downgrades United States credit rating on increase in government debt newsthirst.
Kent Nishimura | Los Angeles Times | Getty Images Moody’s Ratings slashed the United States’ credit rating down a notch to Aa1 from the highest triple A on Friday, citing the budgetary burden the government faces amid high interest rates. “This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a…