The Latest Breaking News from Moody

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.

Fern Hill is proposing 500 apartments in a zoning tradeoff that could limit new development on adjacent properties and attract a grocery store.

Rolling coverage of the latest economic and financial news

The Hindu’s Morning Digest brings readers a select list of stories to start the day

A shutdown is possible if Congress fails to provide funding for the fiscal year starting October 1.

Moody’s Investors Service upgraded Tata Steel Ltd’s long-term rating with a stable outlook on expectation of an improvement in profits and its debt reduction efforts.