Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa," citing rising debt and interest "that are significantly higher than similarly rated sovereigns."

If anyone wanted a snapshot of the tight spot the U.S. economy and policymakers are in right now, they got it on Friday via the University of Michigan's latest consumer sentiment…

Moody's on Friday downgraded the credit rating of the United States by a notch to "Aa1" from "Aaa," citing rising debt and interest "that are significantly higher than similarly…