What would a U.S. credit downgrade mean for the economy and the average American?

As fears continue to rise about the U.S. defaulting if lawmakers fail to hash out a plan to raise the U.S. debt ceiling, concerns are also escalating about a potential downgrade of the U.S. credit rating. Rating agencies – Standard & Poor's, Moody's and Fitch – analyze risk and give debt a "grade" that reflects … Continue reading What would a U.S. credit downgrade mean for the economy and the average American?