SAN FRANCISCO, Jan 13 (Reuters) - Detroit's credit rating suffered another blow on Tuesday with Moody's Investors Service cutting it to junk status, citing budget woes, limited information on the city's finances and a "regional economic deterioration."
Detroit, which has been struggling along with its auto industry, last week had its general obligation ratings downgraded to junk status by Standard & Poor's Ratings Services.
The actions will raise Detroit's borrowing ...
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