Friday, May 16, 2025, 5:20 pm
Moody’s has finally waved goodbye to the United States’ once-pristine triple-A rating, downgrading it amid escalating fiscal insecurities and market jitters. This decisive move underscores deepening concerns over U.S. economic policies and budget debates, leaving investors to wonder if the nation’s financial cachet can ever fully bounce back.
Wall Street Strategists React to Moody’s US Credit Rating Cut Bloomberg
Moody's Downgrades USA Credit Rating From Aaa Earlier this week, we noted that short-dated USA sovereign CDS were trading wider than China and Greece as trade policy uncertainty and the debt ceiling 'X-date' loomed... ...well, it appears Moody's Rating Agency noted it too... because…
Moody’s strips US of top-notch triple-A credit rating Financial Times
permalink / 3 stories from sources in 10 hours ago #government #finance #recession #us
Anticipation is building for Google’s annual I/O 2025 conference, where developers can expect a showcase of fresh product updates, including Android and Gemini innovations. The event promises a mix of cutting-edge tech releases and, dare we say, a hint of playful industry banter. More...
In a bold bid to redefine AI infrastructure, OpenAI is spearheading a vast data center project in Abu Dhabi—rumored to be larger than Monaco. Backed by tech giants like Nvidia and Cisco, this ambitious venture promises a monumental leap in AI capacity, because sometimes bigger truly is better. More...
In a flurry of AI fanfare, OpenAI has rolled out Codex, an autonomous coding assistant that’s poised to revolutionize software development. Multiple reports confirm the same story: ChatGPT is getting an AI sidekick that can handle everything from bug fixes to feature implementation—coding just got a lot sassier. More...
OpenAI has rolled out a new coding agent aimed at automating software engineering tasks, challenging competitors like Google Anthropic. The tool promises to streamline coding workflows and accelerate development while sparking industry chatter about how far AI can go in taking over the mundane tasks of programming. More...
xAI has published its internal chatbot Grok system prompts after an unauthorized modification caused the AI to spout controversial white-genocide conspiracy claims. The debacle has sparked widespread online debates about system integrity and control measures amid rapid innovation in AI technologies. More...
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