The Latest Breaking News from Moody

Less spending seen on A-list actors, special effects and on-location production

Asian shares are mostly lower in muted trading as attention focuses on prospects for improved China-U.S. relations from meetings next week on the sidelines of a Pacific Rim summit

Ratings agency Moody's has reaffirmed its top credit rating for NSW as the state budget plunges further into the red.

Property developer denies claims founder and chair have left country amid reports it missed key deadline

The U.S. banking industry has been facing several headwinds, including slowing loan growth, stricter capital requirements, rising deposit costs and credit rating downgrades. Amid the uncertainty surrounding the U.S. banking industry’s prospects, it could be wise to look beyond borders and buy fundamentally strong foreign banking stocks Barclays (BCS), Agricultural…

The PNC Financial Services (PNC) and Citigroup (C) are scheduled to release their third-quarter earnings soon. In this piece, I discussed whether investing in these two stocks would be worth it before they report their numbers. Read on….

Investors are either increasingly unwilling or unable to finance a dysfunctional U.S. government, and this risks pushing borrowing costs for Americans higher.

Congress has passed a stopgap measure, but will lawmakers agree on detailed spending bills for the entire fiscal year?

About quarter of the US GDP is government expenditure. A drop in that spending will have knock-on effect on the economy.