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S&P Official: U.S. Now Has 'Less Ability' To Stimulate Economy

Posted 11.15.2011 | Business

Standard & Poor's decision to strip the United States of its AAA rating suggests the country has less room to boost growth with fiscal spending, t...

Simon Johnson: Pay More Attention To S&P Subprime Ratings

New York Times | Simon Johnson | Posted 11.08.2011 | Business

Standard & Poor’s downgrade of United States government debt last month has been much debated, but not enough attention has been devoted to the fact...

Sleepless From the Stock Market

Matthew Edlund, M.D. | Posted 11.06.2011 | Business
Matthew Edlund, M.D.

Security and comfort are difficult to find these days, and the stock market often moves "contrary to fact."

S&P Considers Ranking Subprime-Backed Securities Above U.S. Government

The Huffington Post | Alexander Eichler | Posted 10.31.2011 | Business

Though the credit rating agency Standard & Poor's no longer believes the United States merits a top triple-A rating, it is prepared to put its stamp o...

Biden: Economy Needs More Stimulus

Reuters | By Jeff Mason | Posted 10.26.2011 | Politics

Vice President Joe Biden said on Friday the U.S. economy needed more stimulus to get it moving, putting in a plug for government intervention shortly ...

7 Of Warren Buffett's Biggest News Moments

The Huffington Post | Harry Bradford | Posted 10.25.2011 | Business

Warren Buffett's actions might not be predictable, but people certainly do take notice of them. His investments are mimicked, his remarks publicized a...

We Are Not AAA

Vitaliy N. Katsenelson | Posted 10.08.2011 | Politics
Vitaliy N. Katsenelson

I have received many emails and a few calls from friends, asking one question: What are the consequences of the downgrade? So I decided to put my thoughts on paper.

Jared Bernstein: Barack Obama Has 'Plenty' Of Economic Options

The New Republic | Jared Bernstein | Posted 10.24.2011 | Business

Here’s the policy reality facing the president: The economy is stuck in the mud and the American people are losing faith that policy makers can do a...

S&P Threatens To Downgrade State And Local Governments

The Huffington Post | Harry Bradford | Posted 10.19.2011 | Business

Standard and Poor's decision to downgrade the United States' sovereign credit rating has already sent shock waves through the stock market and worsene...

Standard & Poor's Slams Google For Motorola Deal

AP | Posted 10.16.2011 | Business

NEW YORK -- Standard & Poor's is saying investors should sell Google's stock because it believes the search leader's decision to buy Motorola Mobility...

The S&P Downgrade Market Plunge Myth

Dean Baker | Posted 10.15.2011 | Business
Dean Baker

Any politician who has so little understanding of financial markets and the economy to blame the stock market plunge on the downgrade should not be involved in designing economic policy.

Both Sides Now: Teavangelicals Perry and Bachmann Rising, Teaconomy Sinking

HuffPost Radio | Posted 10.14.2011 | Politics
HuffPost Radio

2010-06-28-bothsides_pull.jpg Hilary Rosen & Kellyanne Conway debate who gets credit for our credit downgrade -- a hell-no Tea Party or a big-spending president? Then, are Perry & Bachmann creating a religious test 60 years after Kennedy's Catholicism didn't?

It's the Politics, Stupid!

Leon T. Hadar | Posted 10.12.2011 | World
Leon T. Hadar

The financial mess in the United States as well as in the eurozone are political in their core.

Financial Crisis: For the GOP, It's All So E-Z

Rick Horowitz | Posted 10.11.2011 | Comedy
Rick Horowitz

Republican National Committee (RNC) Chairman Reince Priebus has released the following statement concerning the continuing and dangerous deterioration of the U.S. economy.

Why We're Losing (Economic) Power

Marty Robins | Posted 10.11.2011 | Business
Marty Robins

It is terrible for our economy -- any economy -- when elites and leadership turn against the fundamental moral and economic tenets on which the economy is based. Such action can only lead to self-fulfilling pessimism.

French Central Banker Blames Plunging Bank Shares On 'Unfounded Rumors'

AP | GREG KELLER and ANGELA CHARLTON | Posted 10.11.2011 | Business

PARIS — France, Italy, Spain and Belgium are banning short-selling on select stocks amid efforts to calm market turmoil that has sent bank share...

Mitt Romney's S&P Pitch Played Up Taxes

POLITICO | BEN SMITH | Posted 10.10.2011 | Politics

Gov. Mitt Romney lobbied the credit ratings agency Standard & Poor’s in 2004 to raise his state’s credit rating in part because Massachusetts had ...

This Year's Kings Of Corporate Layoffs

24/7 Wall St. | JON C. OGG | Posted 10.10.2011 | Business

From 24/7 Wall St.: Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and cre...

After the Downgrade: Declining Blame, Assigning Blame

Rick Horowitz | Posted 10.09.2011 | Comedy
Rick Horowitz

It happened on his watch! It happened on his watch! For events so consequential, Guilt is wholly presidential, And we're here to say It happened...

Airplane Banner: 'Thanks For The Downgrade. You Should All Be Fired'

The Huffington Post | Harry Bradford | Posted 10.09.2011 | Business

On Tuesday, less than a week after Standard and Poor's downgraded U.S. credit for the first time in history, a plane circled lower Manhattan with a ba...

Get to Work

Richard Klass | Posted 10.09.2011 | Politics
Richard Klass

The only way to begin to solve the first jobs problem is for the president and Congress to do their job. Now, not after Labor Day. Get to work.

S&P and Other Parasite Companies

Joe The Nerd Ferraro | Posted 10.08.2011 | Business
Joe The Nerd Ferraro

What can the business community do to force S&P to take responsibility for tanking these firms and the jobs of the people who work for them? To keep S&P honest there needs to be a way to place a check on them.

Downgrade S&P Status to "Amateur"

Dagobert L. Brito | Posted 10.09.2011 | Business
Dagobert L. Brito

The fact that the rating agency Standard & Poor's downgraded the U.S. credit rating from AAA to AA+ a few hours after the Treasury discovered a two trillion (!) dollar error in their calculations suggests that their "economic analysis" was just window dressing to a publicity stunt.

Why This Crisis Differs From The 2008 Version

Wall Street Journal | FRANCESCO GUERRERA | Posted 10.09.2011 | Business

It is a parallel that is seducing Wall Street bankers and investors: 2011 as a repeat of 2008, the history of financial turmoil playing in one endless...

GOP Presidential Candidates Slam Obama On Hot Issue

AP | By BETH FOUHY | Posted 10.09.2011 | Politics

NEW YORK -- The 2012 Republican presidential contenders have roundly criticized President Barack Obama for economic policies they contend helped drive...