downgrades

S&P Global Ratings has downgraded Tether’s USDT, citing concerns over its exposure to volatile assets like Bitcoin. The agency warned that a drop in Bitcoin’s value could undermine the collateral backing USDT and affect its stability. S&P Downgrades...

Moody’s is watching the banking sector and has already cut its ratings on several institutions because of ongoing economic headwinds. Bond credit rating platform Moody’s Investors Service has reduced its ratings of several banks in the US. In addition...

Before releasing the latest ratings, Fitch had initially warned about a possible downgrade during US debt ceiling negotiations a few months ago. Fitch Ratings, one of the major credit rating agencies, downgraded the United States’ long-term foreign currency issuer...

Moody’s also put the ratings of six other banks in the US under review. Ratings agency Moody’s has downgraded the debt ratings of recently collapsed Signature Bank (NASDAQ: SBNY) to junk amid the happenings in the US banking...

According to the Bank of America, Meta could bend to advertising spending pressure in the coming year, and this would result in cutting budgets.American multinational investment bank the Bank of America (NYSE: BAC) has downgraded Facebook’s parent company...

Moody’s, a popular financial credit rating business has downgraded El Salvador’s long-term foreign-currency issuer and senior unsecured ratings to Caa1 from B3. The rating group also lowered El Salvador’s foreign-currency country ceiling to B2 from B1. It said...