US Completely Loses Perfect Credit Rating for First Time in Over a Century

Moody’s Investors Service on Friday downgraded its outlook on the U.S. credit rating from “stable” to “negative,” marking the final blow to America’s once-unblemished credit standing among the three major ratings agencies. While Moody’s kept the U.S. at its highest Aaa rating for now, the shift means the United States no longer enjoys a fully stable top-tier rating from any major agency for the first time in more than 100 years.

The move comes amid mounting federal debt, rising interest costs, and persistent political dysfunction in Washington. Moody’s cited growing concerns over the government’s long-term fiscal planning. The announcement follows similar actions from Fitch and S&P in recent years and could result in higher borrowing costs while adding pressure on lawmakers to address structural budget issues.

This is developing news and will be updated as more information is available.