Moody’s Downgrade Sparks Wall Street Anxiety Over US Debt

Moody’s latest downgrade of the U.S.’s credit rating sent shockwaves through Wall Street, leading to concerns about the nation’s growing national debt. The move pulled America down one notch from its top-tier rating and underscores the challenging fiscal landscape. This comes as Republican lawmakers push forward with a substantial tax-and-spending bill that has ignited investor nervousness about the bill’s impact on the national economy.