Economy

Moody’s, Fitch Maintain U.S. Rating

Crisis averted? Moody’s and Fitch both maintained the U.S. government’s triple-A credit rating Tuesday, but that doesn’t mean all is clear. Both companies also warned of future downgrades if the U.S. doesn’t enact further deficit-reducing measures and the economy continues to stall. Moody’s, in fact, marked the U.S. outlook as “negative.” Standard & Poor’s, the third ratings agency, hasn't made an announcement at this point, but has said anything less than $4 trillion in cuts would put the U.S.’s rating at risk.