Standard Poors

Bankrupt Airline To Consider Huge Merger

AP | DAVID KOENIG | Posted 05.12.2012

DALLAS -- American Airlines says it is agreeing with creditors to consider potential mergers while it is still under bankruptcy protection. American ...

Barney Frank: JPMorgan's 'Leave Us Alone' Argument Has Blown Up

AP | DANIEL WAGNER | Posted 05.14.2012

WASHINGTON -- JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a slo...

Credit Rating Agency Accused Of Misrepresenting Itself

AP | MARCY GORDON | Posted 04.24.2012

WASHINGTON — Federal regulators are accusing a prominent corporate and government credit rating agency and its president of making false stateme...

Health Care Costs Rise Nearly 6 Percent Nationwide: Report

The Huffington Post | Jeffrey Young | Posted 04.20.2012

Health care costs are rising at an ever-increasing pace, according to a new report. Health insurance companies and Medicare paid 5.8 percent more p...

What You Need To Know About The Stock Market

AP | BERNARD CONDON | Posted 06.02.2012

NEW YORK — The bulls weren't bullish enough. The stock market just had its best first quarter in 14 years. The surge has sent Wall Street analy...

Island Nation Downgrade To Junk

AP | Posted 05.13.2012

NICOSIA, Cyprus — International credit ratings agency Moody's downgraded euro member Cyprus to junk status Tuesday on heightened concerns over i...

Detroit's Home Prices Still Sliding, But Could Show Improvement

The Huffington Post | Kate Abbey-Lambertz | Posted 02.28.2012

While the Detroit real estate market showed steadily-dropping home prices for the fourth straight month in December, the market may be slowly improvin...

Forget About Lehman: Dow Hits Highest Level Since Before Crisis

AP | CHRISTINA REXRODE | Posted 04.22.2012

NEW YORK — It came and went in a flash each time, a number on a board for mere seconds, but its symbolic power couldn't be dismissed. The Dow J...

The World's Most Indebted Countries

24/7 Wall St. | Michael Sauter, Charles Stockdale, Ashley Allen | Posted 02.15.2012

From 24/7 Wall St.: The Greek government on Sunday agreed to drastic austerity measures in the hopes of securing a 130 billion euro bailout from inter...

MF Global To S&P Before Collapse: We've 'Never Been Stronger'

Reuters | Posted 03.31.2012

* S&P says MF Global touted capital, liquidity strength * One week after email to S&P, MF Global failed * House lawmaker...

The Hate-Europe Movement Hits a Snag

Steve Kettmann | Posted 03.21.2012

Steve Kettmann

No one should underestimate the severity of the crisis gripping the Euro zone. But press speculation on the euro's demise -- often with the tone that it was about to happen -- any second! -- has been more about media fashion than understanding of Europe.

The Criminal Childishness of Those Who Believe in the Triple A

Bernard-Henri Lévy | Posted 03.19.2012

Bernard-Henri Lévy

Could we be living in an era of such madness, one that has lost its compass and its points of reference to such an extent that this affair of one of the three major rating agencies' withdrawal of America's and then France's triple "A" has taken on such importance?

Europe Bailout Fund Chief: 'No Need To Do Anything' About Downgrade

Reuters | Posted 03.17.2012

By Kevin Lim and Emily Kaiser SINGAPORE, Jan 17 (Reuters) - The head of Europe's bailout fund said on Tuesday that Sta...

The S&P and the EU: Timing Is Everything

Adam Levin | Posted 03.16.2012

Adam Levin

In keeping with a tradition firmly established in the 20th century, Europe suffered a late-night bombing raid on Friday evening.

France To Pursue Budget Reforms Following Downgrade

AP | By ANGELA CHARLTON | Posted 01.14.2012

PARIS -- France's prime minister said Saturday his country will push ahead with cost-cutting measures after its top-tier debt rating was downgraded, a...

Do Friday's European Downgrades Matter?

Mohamed A. El-Erian | Posted 03.14.2012

Mohamed A. El-Erian

The chatter on Friday's downgrades of European sovereign ratings debt is all over the place. Here is an attempt to provide a guide to the multifaceted implications.

Bonnie Kavoussi

S&P Downgrades France And Italy As Investors Avoid Eurozone

HuffingtonPost.com | Bonnie Kavoussi | Posted 01.14.2012

Standard & Poor's Ratings Services slashed the credit ratings of nine eurozone countries on Friday, marking a deterioration in confidence in the troub...

Downgrading the Big Three

Jeff Greene | Posted 03.14.2012

Jeff Greene

Standard and Poor's, Moody's, and Fitch -- also known as The Big Three -- lost much of their credibility as they failed to act as reliable brokers of information and played a big part in creating the economic crisis that began in 2007. In effect, the market has downgraded them.

What Does a France Downgrade Mean for Europe?

Elena Panaritis | Posted 03.14.2012

Elena Panaritis

We need to prove that the European Union is made of countries with a flexible yet robust productive base capable to innovate, attract new ideas and boost entrepreneurship.

Fitch Calls Italy The 'Front Line' Of Europe's Debt Crisis

AP | By PAN PYLAS | Posted 01.10.2012

LONDON -- A number of euro countries, including Italy, could see their credit ratings downgraded by the end of this month as they struggle to cope wit...

S&P Puts Sears On Review For Downgrade After Retailer Announces Major Store Closures

Posted 12.29.2011

Standard & Poor's placed Sears Holdings Corp's credit rating on review for a possible downgrade on Wednesday, saying the retailer's plan to close ...

Credit Agency Warns Debt Could Lead To U.S. Downgrade

Posted 12.22.2011

NEW YORK (Daniel Bases) - Fitch Ratings on Wednesday warned again that the United States' rising debt burden was not consistent with maintaining t...

Hungary's Credit Rating Downgraded To Junk By S&P

AP | The Associated Press | Posted 02.20.2012

Standard & Poor's Ratings Services on Wednesday downgraded Hungary's credit rating to "junk" level because of worries about proposed policy changes re...

LIVE UPDATES: After Resolution, A Flood Of Bad News Out Of Europe

AP | SHAWN POGATCHNIK | Posted 02.15.2012

DUBLIN — Alarming financial news flowed out of Europe in a torrent Friday, just a week after the EU leaders struck a deal they thought would con...

U.S. Stocks Slide After Big European Announcement

AP | MATT CRAFT | Posted 02.07.2012

NEW YORK — Financial markets slumped Thursday after the head of Europe's central bank dashed hopes that the bank was preparing to help extinguis...