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Gulf-Bound Tar Sands for Export? Probably. Follow the Oiltanking.

Steve Horn | Posted 12.01.2014 | Green
Steve Horn

Bill sponsor U.S. Sen. Mary Landrieu (D-La.) and supporter U.S. Sen. John Hoeven (R-ND) both stood on the Senate floor and said Keystone XL is not an export pipeline in the minutes leading up to the bill's failure.

Beware of 'Alarmist' Journalism During Times of National Crisis

Laura Wellington | Posted 10.28.2014 | Media
Laura Wellington

The fact is -- given a bit of clear thinking unencumbered by all of the noise -- none of the issues perpetuating our current national crisis are going to be solved by the screaming children in the room so why join them as it will only serve to hamper much needed solution.

Retailers, Bankers and Democrats Agree

Leo W. Gerard | Posted 10.20.2014 | Politics
Leo W. Gerard

Income inequality is killing the economy. Retailers, bankers and Democrats agree on that. Really. It's only Republicans who continue to insist that income inequality is great.

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...

S&P 500 Rises Above 2,000 Points For First Time

AP | Posted 10.25.2014 | Business

NEW YORK (AP) — The stock market has reached another milestone as the Standard & Poor's 500 index trades above 2,000 points for the first time. ...

Warning: Inequality Is Really Hurting The Economy

AP | By JOSH BOAK | Posted 10.05.2014 | Business

WASHINGTON (AP) — Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession. Now...

Uncertainty Reigns

Reuters | Posted 05.09.2014 | Business

...

WORST DROP SINCE JUNE

AP | Posted 01.24.2014 | Business

NEW YORK (AP) — The U.S. stock market is swooning as investors fear slower global economic growth. The Dow Jones industrial average d...

Mortgage Payouts Will Still Plague Banks

Reuters | Posted 01.27.2014 | Business

Nov 26 (Reuters) - The largest U.S. banks may need to pay out up to an additional $105 billion to settle legacy mortgage-related issues, but have a ...

Rating Agencies Accused Of Fraud

Reuters | Karen Freifeld | Posted 11.11.2013 | Business

NEW YORK (Reuters) - The liquidators of two Bear Stearns hedge funds filed a lawsuit on Monday against the three major U.S. rating agencies, accusing ...

Republicans Shoot America in the Foot

Leo W. Gerard | Posted 12.21.2013 | Politics
Leo W. Gerard

Republicans can pummel their own party if they want to, but what's amazing is that 18 of them in the Senate and 144 in the House voted against restoring government services and paying America's debts.

S&P 500 Closes At All-Time High

AP | The Associated Press | Posted 10.17.2013 | Business

NEW YORK -- NEW YORK (AP) — The stock market is closing at an all-time high a day after Washington reached a deal to avoid a U.S. default. The Stan...

S&P Hits Record High

Reuters | Posted 09.18.2013 | Business

NEW YORK, Sept 18 (Reuters) - The S&P 500 index hit a record high on Wednesday after the Federal Reserve said it would continue buying bonds at an $85...

S&P Slams Government Lawsuit

AP | By SARAH SKIDMORE SELL | Posted 11.03.2013 | Business

Standard & Poor's says the U.S. government sued the rating agency as "retaliation" for its downgrade of the country's credit rating. Th...

Well That Wasn't Pretty

Reuters | Posted 10.30.2013 | Business

NEW YORK (Reuters) - U.S. stocks fell in a thinly traded session on Friday, with the S&P 500 index recording its steepest monthly drop since May 2012 ...

Mark Gongloff

Another Pre-Crisis Wall Street Practice Returns

HuffingtonPost.com | Mark Gongloff | Posted 08.01.2013 | Business

If you somehow missed out on all the fun of the last financial crisis, don't worry: We're apparently slowly building up to another one. The latest ...

Unequal Pay - 50 Years and Getting Worse

Martha Burk | Posted 08.06.2013 | Politics
Martha Burk

Let's raise a glass to celebrate the 50th birthday of the Equal Pay Act, but not too high. If things don't change, we're on the road to a permanent (mostly female) underclass. We still have a lot of work to do.

RECORD HIGHS

Reuters | Posted 07.03.2013 | Business

* S&P 500 closes above 1,600, Dow briefly tops 15,000 * Payrolls report shows more jobs added in April than expected * ...

Credit Rating Titans Reach Settlement

AP | Posted 06.27.2013 | Business

NEW YORK (AP) — Ratings agencies Standard & Poor's, Moody's and investment bank Morgan Stanley have settled two lawsuits dating back to the financia...

U.S. Smacks Down S&P Request

Reuters | Posted 05.31.2013 | Business

WASHINGTON, March 29 (Reuters) - The U.S. Department of Justice opposed Standard & Poor's efforts to move a spate of lawsuits charging the ratings a...

S&P 500 Posts First Weekly Loss Of The Year

AP | DANIEL WAGNER | Posted 02.22.2013 | Business

-- Strong earnings from big U.S. companies pushed the Dow Jones industrial average to a rare triple-digit gain Friday, but the S&P 500 index still po...

Eleazar David Melendez

"This is going to end badly": S&P Analysts Saw Ratings Blowup Coming, Lawsuit Shows

HuffingtonPost.com | Eleazar David Melendez | Posted 02.05.2013 | Business

In March 2007, as the subprime mortgage market was collapsing, an analyst at the bond rating agency Standard and Poor’s decided to lighten the mood ...

SUED

AP | DANIEL WAGNER and CHRISTINA REXRODE | Posted 04.07.2013 | Business

WASHINGTON — The Obama administration on Tuesday accused Standard & Poor's of refusing to warn investors that the housing market was collapsing ...

Ben Hallman

Wall Street Ratings Agencies Hold Weak Defense Against Financial Crisis Lawsuit

HuffingtonPost.com | Ben Hallman | Posted 02.05.2013 | Business

For nearly four years, credit rating agencies like Standard & Poor's have tried to use the First Amendment as a shield against angry investors who hav...

Feds, States To Charge S&P

Reuters | Posted 02.04.2013 | Business

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