Moody's Investor Services is putting the United States' top-notch credit rating under review for a possible downgrade. The credit ratings agency's action comes as lawmakers continue talks on how to raise the U.S. debt ceiling. Robert Siegel talks to NPR's Jim Zarroli.
Baseball pitching star Roger Clemens, winner of a record seven Cy Young awards, sat silently in federal court on Wednesday, as his trial opened on charges of perjury and obstruction of Congress — charges that carry a maximum penalty of 30 years in prison.
Clemens remained expressionless as the prosecutor, Assistant U.S. Attorney Steven Durham, told the jury that the government had physical proof that the 48-year-old one-time pitching ace had been repeatedly injected with anabolic steroids and human growth hormone.
As the clock ticks down to the Aug. 2 deadline to raise the debt ceiling, Moody's Investor Service became the first of the big-three rating agencies to put the United States' Aaa credit rating on review for possible downgrade.
Lawyers delivered their opening arguments in the trial of former Major League Baseball pitcher Roger Clemens. Prosecutors told the jury that the government had needles and cotton swabs that had Clemens' DNA and anabolic steroids, while the defense said the evidence was faked.
NPR's Nina Totenberg summed up the first day of the case for our Newscast unit like this: