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The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of 2011 on August 2, 2011.
It is predicted to last until June 23. 2017 Atlantic hurricane season. Tropical Storm Cindy makes its way towards the eastern coasts of the Southern United States. (The Weather Channel) 2017 Portugal wildfires. A Canadair firefighting plane reportedly crashes in Pedrógão Grande, central Portugal, while tackling raging wildfires. However, this ...
Map of S&P's sovereign long-term foreign credit ratings as of March 2024. Legend: AAA AA+ AA AA− A+ A A− BBB+ BBB BBB− BB+ BB BB− B+ B B− CCC+ CCC CCC− SD/D. For S&P, a bond is considered investment grade if its credit rating is BBB− or
A city with a high credit rating would be able to issue bonds that are purchased with much lower rates. S&P said its outlook for San Francisco is negative given the city's financial challenges.
The US Securities and Exchange Commission fined six major credit rating organizations a total of $49 million for their “significant failures” to keep electronic communications.
The ratings agency estimates that Boeing will incur a cash outflow of about $10 billion in 2024 and will likely require incremental funding. S&P's CreditWatch listing reflects the increased ...
In June 2017, S&P threatened to downgrade Illinois' credit rating to junk if an FY18 budget were not passed before the end of the fiscal year. Speaker Madigan wrote a letter to S&P asking them to delay any judgment until after the weekend, promising that the General Assembly would convene on Saturday, July 1 to finish negotiations.
Credit ratings for state debt from S&P Global as of May 2021: ... June 23, 2022 [14] Georgia: AAA Aaa [2] [15] ... 2017 2016 2015 2014 2013 2012 2011