What is the US credit rating, and what does its downgrade mean?

U.S. Private Credit Defaults Reach Record 9.2% in 2025, Fitch Reports

The default rate among U.S. corporate borrowers of private credit rose to a record 9.2% in 2025, according to a report Friday by credit rati

US Changes Inflation Metric Method, Core PCE Seen 0.2 Point Lower

The U.S. BEA is changing how it calculates PCE inflation, a change experts say will lower core PCE by about 0.2 point, starting with the Aug

US personal savings rate falls to 2.6%, lowest since 2008 financial crisis

But don’t panic

China Cuts U.S. Treasury Holdings to $651.1 Billion, Lowest Since 2008

China's U.S. Treasury holdings dropped to $651.1 billion, the lowest since 2008, impacting global bond markets significantly.

China Cracks Down on Credit-Ratings Inflation, Stoking Downgrade Fears

Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump

Consumer Credit Unexpectedly Shrinks For The First Time Since 2024 As Credit Card Rates Jump After two consecutive outsized jumps in consume