Moody’s Cuts Outlook for U.S. Banking System to Negative

Moody’s Investors Service has downgraded its outlook for the US banking system from stable to negative and reviewed six US banks for possible credit rating downgrades. “Deposit executions at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and SVB and SNY,” Moody’s said in a report released Monday. Rating agencies have warned there […]

Moody’s downgrades U.S. banking system’s outlook to negative citing bank runs

FOX Business Senior Correspondent Charlie Gasparino Discusses Silicon Valley Bank Collapse and Calls on Fed to Pause ‘Kennedy’ Rate Hikes. Moody’s Investor Service on Monday changed its outlook for the U.S. banking system from “stable” to “negative,” citing signs of recent bank runs and contagion at multiple financial institutions. The rating agency announced the downgrade […]

Jalen Brunson’s X-ray comes back negative in Knicks injury boost

LOS ANGELES — Jalen Brunson was out of the Knicks’ lineup for Saturday’s game against the Clippers, but at least there was some favorable injury news for the team’s starting point guard. Tom Thibodeau said before the game that Branson had an x-ray for pain in his left leg and it came back negative. The […]

Rep. Clyburn expects positive response to Biden’s reelection bid, despite negative poll ratings

Rep. James Cliburn (DS.C.) expects Americans to react “very positively” to President Biden’s re-election chances despite disapproving poll numbers. said there is. On MSNBC’s “Sunday Show,” Cliburn said, “As he often says, don’t compare him to the Almighty. Don’t compare him to another alternative. Host Jonathan Capehart presented Cliburn with a Washington Post poll, in […]