https://preservewm.com
We've been keeping up with the latest headlines...
here are two of our favorites worth sharing.
** Your Money
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Late last week, Moody’s downgraded the U.S. government's credit rating from Aaa to Aa1, marking the first time all three major rating agencies have removed the nation’s top-tier status. The downgrade reflects concerns over rising debt levels, increasing interest costs, and persistent political gridlock hindering effective fiscal management.
Moody’s projects that the U.S. debt-to-GDP ratio could reach 134% by 2035, up from 98% in 2024, citing a lack of substantial fiscal reforms. The recent approval of President Trump's $3.8 trillion tax cut package, which lacks corresponding spending cuts or new revenues, has further exacerbated concerns about fiscal sustainability.
In response to the downgrade, financial markets reacted with increased volatility. U.S. stocks, bonds, and the dollar declined, with the 10-year Treasury yield briefly surpassing 4.55% and the 30-year yield exceeding 5%, indicating higher borrowing costs for the government.
Analysts warn that continued fiscal indiscipline could lead to further market instability. The term "bond vigilantes" has resurfaced, describing investors who sell off government bonds in response to unsustainable fiscal policies, thereby raising yields and borrowing costs.
Despite the downgrade, Moody’s maintains a stable outlook for the U.S., citing the country's economic resilience and the U.S. dollar's role as a global reserve currency. However, the agency cautions that without meaningful fiscal reforms, the U.S. may face additional downgrades in the future.
U.S. Downgraded by Moody’s as Trump Pushes Costly Tax Cuts (https://www.nytimes.com/2025/05/16/business/us-credit-downgrade-moodys.html?unlocked_article_code=1.IU8.X-Ab.EeYHur4KBfvw&smid=url-share)
by Tony Romm, Andrew Duehren and Joe Rennison
** Your Life
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From smart prosthetics to AI-powered exoskeletons, technology is opening up new possibilities for people with mobility challenges. This article from the National Science Foundation highlights innovative ways researchers are using artificial intelligence to improve movement, balance, and independence. By blending cutting-edge engineering with human-centered design, these advancements are helping people move through life with greater ease and freedom.
Harnessing AI to enhance human mobility (https://www.nsf.gov/science-matters/harnessing-ai-enhance-human-mobility?utm_medium=email&utm_source=govdelivery)
by Jason Bates
https://www.linkedin.com/in/danheth/
https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/
** Complexity Simplified
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Seasonal allergies got you sniffling? This Yahoo Life article shares two simple, natural remedies that may offer relief: local honey and butterbur supplements. While results can vary, some studies suggest that local honey may help build pollen tolerance over time, and butterbur—a plant-based remedy—has shown promise in reducing allergy symptoms. As always, it’s a good idea to check with a healthcare provider before trying new supplements.
Try these 2 natural remedies to alleviate spring allergy symptoms (https://www.yahoo.com/lifestyle/try-2-natural-remedies-alleviate-162325171.html?guccounter=1)
by Sarah Jacoby
** Trivia
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Last week's answer: Poland
This week's question: What is the name of the group of men who elect a Pope?
https://youtu.be/TZtiJN6yiik?si=ZLB2T_qpBXVdk2sd
** Back in 1982, this song reached #1
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