Moody

President Donald Trump‘s tariff policies are said to be providing a significant boost to the private credit market. What Happened: This comes as companies are projected to shift operations to the U.S. and decrease their dependence on global supply chains, as per...

Economist Peter Schiff has sharply criticized Treasury Secretary Scott Bessent for downplaying the role of President Donald Trump's tax cuts in the recent Moody's downgrade of the U.S. sovereign credit rating, instead pinning the blame on the Joe Biden administration. What Happened: Schiff's...

As the world looks toward 2025, a growing alignment between regulation and technology is paving the way for the broader adoption of digital assets. At Benzinga’s Future of Digital Assets event, panelists expressed optimism about the direction of U.S. policy, noting a shift from regulatory...

U.S. stocks were mostly lower on Monday, as the holiday shopping season may have disappointed some. The National Retail Federation reported that spending over the four-day Thanksgiving weekend declined 11 percent to $50.9 billion. However, ComScore estimated e-commerce spending rose 32...

Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...

J.C. Penney (NYSE: JCP) shares jumped more than eight percent Wednesday closing at $9.44. This, despite a $489 million Q3 loss, compared with a $123 million loss during the same period a year ago. The adjusted loss of $1.81 per share was more than the $1.77 per share loss analysts expected...