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New Jersey's Credit Rating Has Been Cut 8 Times Since Chris Christie Took Office

The Huffington Post | Igor Bobic | Posted 09.10.2014 | Politics

Standard & Poor's became the latest agency to downgrade New Jersey's credit rating on Wednesday, the state's eighth such downgrade since Gov. Chris Ch...

Gold Is Poised to Rally Mid-Summer

Natalie Pace | Posted 08.17.2013 | Business
Natalie Pace

Wall Street's rally has tarnished gold's allure, but that could all change over summer, when politicians go to war over the debt ceiling, particularly if Fitch makes good on their downgrade warning.

Plan For Detroit Will Put City In Default: Fitch Ratings

Reuters | Posted 08.14.2013 | Detroit

June 14 (Reuters) - Credit rating agency Fitch said it would consider Detroit to be in default if it stops making payments on certain obligations as...

Are You Cool Enough to Shop at Abercrombie & Fitch?

Jen M.L. | Posted 07.08.2013 | Parents
Jen M.L.

Teenagers are still children. And when a major company tells a teenager that they're not worthy of shopping at their store because her ass is too big, what does that say to her?

Does The Philippines Deserve Its Investment Grade?

Edsel Tupaz | Posted 07.07.2013 | World
Edsel Tupaz

Over the past decade the Philippines' sovereign credit rating oscillated between "negative" and "stable," reflecting concern about the ability of the government to collect sufficient tax revenue, manage its budget, and sustain a high rate of GDP growth.

Mark Gongloff

DERPONOMICS: Fitch Downgrades UK Using Discredited Math

HuffingtonPost.com | Mark Gongloff | Posted 04.19.2013 | Business

Here's an example of why credit-rating agencies might have a bit of a credibility problem. On one of the most dramatic news days in recent history,...

Downgrade Will Follow Plunge From 'Fiscal Cliff'

AP | Posted 11.11.2012 | Business

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...

Spanish Economy In 'Crisis Of Huge Proportions'

Reuters | Posted 06.26.2012 | Business

* S&P downgrades Spanish government debt * Unemployment rate rises more than expected * Retail sales continue to sli...

Credit Agency Downgrades Greece, Says Default 'Highly Likely'

AP | NICHOLAS PAPHITIS | Posted 04.23.2012 | Business

ATHENS, Greece — Greece scrambled Wednesday to push through a batch of emergency laws that will further cut incomes and state spending, a day af...

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

Reuters | Posted 03.31.2012 | Business

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

Moi, J'ai été Experte Dans Une Agence De Notation...

Sara Bertin | Posted 03.24.2012 | France
Sara Bertin

Les notes des agences, même le fameux AAA, sont une opinion. Elles ne sont ni une vérité, ni une recommandation d'achat ou de vente. Une simple opinion.

The Latest European Nation To Be Downgraded By Fitch

AP | By PABLO GORONDI | Posted 01.06.2012 | Business

BUDAPEST, Hungary -- Fitch downgraded Hungary's credit rating to junk status on Friday, citing a standoff between the government and international len...

Detroit's Old Games Are Over

Fred Leeb | Posted 02.28.2012 | Detroit
Fred Leeb

Those of us in the turnaround world have been waiting for decades for the City of Detroit to be in its current dismal financial condition with no easy way out. It is finally the time when people must step up and take positive actions.

Moody's Downgrades Belgium's Credit Rating

Posted 12.16.2011 | Business

Moody's on Friday cut Belgium's credit ratings by two notches, saying "fragile sentiment" in the euro zone may cause funding stress for countries ...

Fitch Lowers Outlook On U.S. Credit Rating

AP | MARTIN CRUTSINGER | Posted 01.28.2012 | Business

WASHINGTON — Fitch said Monday that it will keep its rating for long-term U.S. debt at the top AAA level, despite a congressional panel's failur...

Ford Posts A Profit For The Tenth Quarter In A Row

Posted 12.26.2011 | Business

(Bernie Woodall and Ben Klayman) - Ford Motor Co posted lower third-quarter earnings after misjudging the threat of higher commodity costs and wri...

Today In Credit Rating Downgrades

AP | By NICK PERRY | Posted 11.30.2011 | Business

WELLINGTON, New Zealand -- New Zealand's credit rating has been downgraded by two of the three major ratings agencies amid increased global concern ov...

Do Credit Ratings Still Have Meaning?

Bloomberg Businessweek | Zeke Faux and Jody Shenn | Posted 11.02.2011 | Business

Which is a safer investment: (A) Treasury bonds, backed by the full faith and credit of the U.S. government, or (B) securities backed by subprime loan...

Justice Department Investigating S&P's Mortgage Ratings

New York Times | LOUISE STORY | Posted 10.18.2011 | Business

The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly rated dozens of mortgage...

State Credit Ratings Across The Nation [MAP]

The Huffington Post | Harry Bradford | Posted 10.16.2011 | Business

Other credit ratings agencies may have reaffirmed their faith in the United States' credit worthiness but the fallout from Standard and Poor's downgra...

Prominent Agency Keeps U.S. At Highest Credit Rating

AP | MARTIN CRUTSINGER and CHRISTINA REXRODE | Posted 10.16.2011 | Business

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...

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...

INTERACTIVE: Credit Ratings From Around the World

The Huffington Post | Dean Praetorius | Posted 10.09.2011 | Business

While the U.S. stock market appears to be rebounding a bit following one of the biggest single-day drops in the history of the Dow Jones, the long-ter...

Did Pimco Play a Role In S&P's Downgrade of U.S.Debt

Raymond J. Learsy | Posted 10.07.2011 | Business
Raymond J. Learsy

On Friday S&P downgraded U.S debt from AAA to AA+, the first such downgrade in the nation's history resulting in grave concerns over the outlook for the U.S. economy. Yet simultaneously they must have been popping champagne corks at Pimco.

U.S. Inches Closer To Downgrade With No Debt Ceiling Deal In Sight

Posted 09.24.2011 | Business

(Walter Brandimarte) - The United States took a step closer to losing its coveted triple-A credit rating over the weekend as a political impasse i...