Core Insights - Analyzing national data on savings and wealth provides perspective on individual financial health and helps set realistic financial goals for the future [1][2] Savings Trends - The personal saving rate in the U.S. is 4.4% as of July 2025 [6] - Average savings vary by generation, with millennials saving the most and baby boomers saving the least [6] - The median emergency savings for Americans is $600, with 37% unable to afford an emergency expense over $400 [6] Income and Net Worth - Real median household income was $80,610 in 2023, a 4% increase from 2022 [5] - The average American family's net worth was $1,059,470 in 2022, while the median net worth was $192,700 [8] - Americans in their 60s have the highest median net worth at $439,154, while those in their 20s have the lowest at $7,638 [8] Banking Access and Preferences - As of 2023, 95.8% of U.S. households are "banked," with an average transaction account balance of $62,410 [6] - 55% of banked households use mobile banking as their primary method of account access, while only 8% prefer in-person transactions [6] Savings Goals and Challenges - 47% of Americans cite the cost of living as the biggest obstacle to saving money [8] - Only 22% of respondents are very or completely satisfied with their savings, while 35% are very or completely dissatisfied [8] - Nearly half of adults report their income just about matches their expenses, with about 30% stating their expenses exceed their income [8]

Moody’s Ratings signaled it may lower Poland’s credit score as the country struggles to overcome political tensions complicating efforts to curb its budget deficit https://t.co/Q3aGVBvv0c ...

France’s credit rating was downgraded for the second time in a week, underscoring a deterioration in the outlook for its public finances amid a prolonged political crisis https://t.co/EbTw947DT6 ...

Group 1 - Moody's upgraded SoftBank Group Corp.'s rating from Ba3 to Ba2, but the company criticized the rating as being based on subjective assumptions without factual basis [1][2] - Despite the upgrade, SoftBank's debt remains classified as non-investment grade, often referred to as "junk" in the bond market [1] - The CEO of Fujiwara Capital noted that the rating implies potential difficulties in debt repayment, which could mislead market perceptions [2] Group 2 - Criticism of credit ratings is not uncommon, with historical examples during the global financial crisis and Europe's sovereign debt crisis highlighting the backlash against rating agencies [2] - The "issuer pays" model used by many rating agencies raises concerns about conflicts of interest, although SoftBank's rating was unsolicited, which complicates the argument regarding its basis [2][3] - In Japan, regulations often require investment-grade status for bond purchases, contrasting with the more developed high-yield bond market in the US and other regions [3]

Group 1 - KBRA assigns a rating of BBB- with a Stable Outlook to the subordinated notes issued by QCR Holdings, Inc. [1] - The subordinated notes consist of two offerings: $50 million due September 15, 2035 and $20 million due September 15, 2037 [1] - The $50 million note is callable on the fifth anniversary of issuance, while the $20 million note is callable on the seventh anniversary [1]

Core Viewpoint - Kimco Realty achieved an 'A-' credit rating with a stable outlook from S&P Global Ratings, positioning it among only 13 publicly-listed U.S. REITs with such a rating [1][2]. Company Performance - The upgrade was driven by Kimco's solid operating performance and well-positioned balance sheet, with nearly doubled portfolio scale through all-stock acquisitions [2]. - The company focuses on grocery-anchored centers, which now account for 86% of average base rent, generating consistent cash flow [2]. Financial Metrics - Kimco's strong embedded EBITDA growth and robust liquidity were highlighted, with expectations of maintaining leverage-neutral growth and operating with debt to EBITDA in the mid- to high-5x range [2]. - As of June 30, 2025, Kimco owned interests in 566 U.S. shopping centers and mixed-use assets, totaling 101 million square feet of gross leasable space [3]. Market Position - The company is strategically concentrated in first-ring suburbs of major metropolitan markets, including high-barrier-to-entry coastal markets and Sun Belt cities [3]. - Kimco's tenant mix is focused on essential goods and services, driving multiple shopping trips per week [3].

Core Viewpoint - Kimco Realty achieved an 'A-' credit rating with a stable outlook from S&P Global Ratings, positioning it among only 13 publicly-listed U.S. REITs with such a rating [1][2]. Company Performance - The upgrade was driven by Kimco's solid operating performance and well-positioned balance sheet, with nearly doubled portfolio scale through all-stock acquisitions [2]. - Kimco's focus on grocery-anchored centers, which now account for 86% of average base rent, generates consistent cash flow [2]. - The company maintains leverage-neutral growth and benefits from resilient tenant demand, with debt to EBITDA expected to be in the mid- to high-5x range [2]. Company Overview - Kimco Realty is a leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the U.S., with a portfolio concentrated in major metropolitan markets [3]. - As of June 30, 2025, the company owned interests in 566 shopping centers and mixed-use assets, totaling 101 million square feet of gross leasable space [3].

Botswana had its credit rating cut by S&P Global Ratings, yet another blow to its diamond-dependent economy that’s struggling with a slump in demand for its gems https://t.co/smvUSpOo5J ...

Credit Rating - S&P Global Ratings raised Spain's credit rating by one notch [1] - The upgrade is attributed to an improvement in the external balance sheet [1] - Private sector deleveraging over the past decade also contributed to the upgrade [1]

Core Points - KBRA assigns a senior unsecured debt rating of BBB to Orange County Bancorp, Inc. and a subordinated debt rating of BBB- [1] - The short-term debt rating for Orange County Bancorp, Inc. is rated K3 [1] - For its main subsidiary, Orange Bank & Trust Company, KBRA assigns a deposit and senior unsecured debt rating of BBB+ and a subordinated debt rating of BBB [1] - The short-term deposit and debt ratings for Orange Bank & Trust Company are rated K2 [1] - The Outlook for all ratings is stable [1]