The Latest Breaking News from Moody

The wildfires that erupted this week across Los Angeles County are far from contained, but they're already expected to be the costliest in U.S. history and among the worst natural disasters

US states spend millions on Israeli investments but risk non-compliance with their own policies.

Credit rating agency Moody’s has downgraded France’s seven largest banks this week – just days after lowering the country’s own sovereign credit rating. The move signals rising borrowing costs for France, adding to a €3.2 trillion debt burden and deepening the pressure on an already fragile government.

Moody's downgraded the ratings of banks including BNP Paribas and Credit Agricole amid fears over France's debt situation.

Despite Moody's underperforming relative to the financial sector, Wall Street analysts remain moderately optimistic about the stock’s prospects.

The rating agency improved the bank sector status despite a number of risks.

Moody's has surpassed the overall market performance this year, and Wall Street analysts hold a cautiously positive view on the stock’s future outlook.

Southern’s latest downgrade by Fitch follows a similar move by ratings agency Moody’s earlier in November.

Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”

“The office market has been benefiting from job growth, but in most markets, it has not been enough to overcome the decreased need for office space.”

Moody's downgrades Mexico's debt outlook to 'negative' citing concerns over judiciary reforms and increased government debt.