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Hospital Closures and Downgrades Indicate a Crisis

Hospital Closures and Downgrades Indicate a Crisis

Local Hospitals Facing Crisis A recent report from the conservative organization Defend Forgotten America highlights a troubling trend: 90 hospitals across the nation are either closing or experiencing credit downgrades. This situation has led the organization to label it a “national health care access emergency,” urging President Trump and his administration to step in. The […]

US stocks decline after Moody’s downgrades the nation’s credit rating

US Stock Market Reaction to Moody’s Downgrade US stocks experienced a decline on Monday morning, marking the first trading session following Moody’s recent downgrade. By 10:45 AM ET, the Dow Jones Industrial Average was down slightly, less than 0.1%, or about 45 points. Meanwhile, the S&P 500 and Nasdaq saw declines of 0.3% and 0.5%, […]

Moody’s downgrades DC credit rating

Moody’s rating announced this week that it is downgradening DC’s credit rating amid a wave of massive federal workforce cuts and hits on the local economy. Moody said New Report Downgrading the district’s issuer rating from AAA to AA1 is a blow to cities where local governments are likely to make it more expensive to […]