NEW YORK -- Huxley Sommerville, group managing director at Fitch Ratings, increasingly fears another massive financial crisis. Ask him why and he tell...

Here's yet another reason we may never trust credit-rating agencies again: One of the biggest of them has just suggested that we shouldn't. The rat...

Like your car or your body, your credit is something that needs a regular review so that it keeps getting healthier and doesn't "deteriorate" on you.

Animosity towards ratings agencies has resulted in the widespread distrust of their predictive capacities on the part of many in the world of finance. At best, many investors now see the ratings given by S&P et al. as meaningless posturing, and at worst as complete untruths.

If you want to know why relying on information supplied on the internet by anonymous strangers is a bad idea, look no further than Wikipedia's articles on finance.

NEW YORK (AP) — Moody's Investors Service on Friday downgraded The McGraw-Hill Cos., citing the company's plans to sell its education business and t...

When what you do is make money from money, it seems as if breaking or avoiding laws and rules create victimless crimes. It's all a big game, where each person is trying to out-hustle the other. It's him or me so what does it matter if we both cheat a bit?

NEW YORK (Reuters) - New York Attorney General Eric Schneiderman has kicked off an investigation into three major credit ratings agencies, according t...

Feb 4 (Reuters) - Federal and state prosecutors intend to bring civil charges against Standard & Poor's for wrongdoing in its rating of mortgage bonds...

Financial information is considered by most to be very private, but that isn’t stopping one credit reporting agency from sharing it without your kno...

Why don't we have tougher laws that prohibit banks and credit card companies from fabricating negative credit scores so that they can charge higher interest rates and laugh all the way to the bank?

The credit-rating agencies are like a miserable long-term relationship: You desperately want to end it, but can't imagine life without it.

Although some reasons may appear to support prosecutorial abdication, the size and scope of damages suggest individual wrongdoing must have led to the subprime crisis and that individuals should be prosecuted.

The only thing the credit-rating agencies lost in the financial crisis was their reputation, despite midwifing the disaster. Now they're at risk of lo...

Apparently the credit rating agencies can't decide which is more dangerous to the U.S. economy -- cutting the U.S. budget deficit too quickly, or not having a plan to cut it at all.

NEW YORK — The U.S. government's debt rating could be heading for the "fiscal cliff" along with the federal budget. Moody's Investors Service o...

Defaults on municipal bonds for decades have been far higher than reported by rating agencies, bringing into question the true risk of a common inves...

WASHINGTON (AP) — The rating agency Standard & Poor's stunned the world a year ago by stripping the U.S. government of its prized AAA bond ratin...

NEW YORK (AP) — Standard & Poor's says the United Kingdom will keep its top "AAA" credit grade. The rating agency late Friday affirme...

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