State Given Worst Credit Rating In U.S.
Citing the state's ongoing financial problems, Moody's Investor Service on Friday downgraded Illinois's credit rating to the lowest of any state in th...
Citing the state's ongoing financial problems, Moody's Investor Service on Friday downgraded Illinois's credit rating to the lowest of any state in th...
Frank A. Weil | Posted 01.29.2012
The bond markets do not need their views to make assessments of the situation. The markets by themselves are the best indicator of what everyone needs and wants to know.
Posted 12.24.2011
The United States will likely suffer the loss of its triple-A credit rating from another major rating agency by the end of this year due to concer...
Posted 11.26.2011
WASHINGTON (Reuters) - President Barack Obama's deficit reduction plan would be positive for the United States's credit ratings but chances of its...
Posted 11.20.2011
Securities regulators have sent subpoenas to hedge funds and other trading firms as it probes possible insider trading before the U.S. government'...
Otaviano Canuto | Posted 10.18.2011
Think of what would happen if you lived in one of the 58 developing countries that remain unrated by Standard & Poor's, Moody's and Fitch. You would have very limited access to capital and investment, and the cost of borrowing would be significantly higher.
The Huffington Post | Alexander Eichler | Posted 10.16.2011
Forecasters are increasingly reining in their expectations for the United States' economic performance, suggesting that the country will face many mor...
AP | MARTIN CRUTSINGER and CHRISTINA REXRODE | Posted 10.16.2011
WASHINGTON — Fitch Ratings said Tuesday that it would keep its rating on long-term U.S. debt at the highest grade, AAA, and said the outlook rem...
AP | STAN CHOE | Posted 10.16.2011
NEW YORK — Worries about Europe's economic and debt problems sent stocks Tuesday to their first loss in four days. The major indexes bounced up...
James Zogby | Posted 10.13.2011
Standard & Poor's demonstrated its loss of confidence in the ability of Washington to get its financial house in order by downgrading the U.S.'s bond rating. Much the same scenario has been playing out in the U.S.'s approach to Israeli-Palestinian peace.
AP | NICK PERRY | Posted 10.11.2011
WELLINGTON, New Zealand — When Standard & Poor's downgraded the debt of the United States last week, the U.S. joined just two other countries wi...
AP | TOM RAUM | Posted 10.11.2011
WASHINGTON — It has been a lousy month for President Barack Obama. And August is not yet 2 weeks old. Running for re-election, he's getting be...
AP | MARTIN CRUTSINGER | Posted 10.10.2011
WASHINGTON — The United States' budget deficit has topped $1 trillion for a third straight year, adding pressure on Congress and the White House...
The Huffington Post | Harry Bradford | Posted 10.09.2011
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...
Peter S. Goodman | Posted 10.09.2011
The global economy is weak and still weakening, while policymakers seem unable or unwilling to marshal a reassuring response. From the United States to Europe to Japan, economies are stagnating, and governments are tightening the straits by cutting back on spending.
Robert Zevin | Posted 10.09.2011
Many people are worried about the recent sharp declines in stock markets around the world along with increasing turmoil in other markets and ominous i...
Ethan Casey | Posted 10.09.2011
A decade ago, I read a book that made a lasting impression on me. It was a memoir called Defying Hitler by Sebastian Haffner, who had recently passed ...
Dagobert L. Brito | Posted 10.09.2011
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.
Raja Krishnamoorthi | Posted 10.09.2011
For too long, people in Congress point fingers at each other even as millions of middle-class Americans remain unemployed, and our economy continues to sputter. They must realize that we are all in this together.
Posted 10.09.2011
Despite cries that America's credit rating was downgraded erroneously by rating agency Standard & Poor's, nobody can deny that the national mood is le...
Pamela Yellen | Posted 10.09.2011
Investors have short memories. Keeping that in mind, you might want to print this column and save it at the ready. It is timely reading this week and without any doubt will be again -- sooner than any of us want to admit.
Star-Telegram | Posted 10.09.2011
Hours after the Dow Jones industrial average closed down more than 600 points Monday, U.S. Rep. Michael Burgess, R-Lewisville, heard from local conser...
Jeff Danziger | Posted 10.08.2011
Clarence B. Jones | Posted 10.08.2011
The White House, Treasury officials and persons in the private sector who are now so publicly critical of Standard and Poor's for its downgrading of the creditworthiness of the US government are too late and off the mark.
Georges Ugeux | Posted 10.08.2011
There is something fundamentally wrong in the rating agencies' approach: they unilaterally redefined their role from doing their job -- assessing the ability of sovereign issuers to service their debt -- to rating countries.
Posted 01.09.2012