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?

WASHINGTON (Reuters) - The tentative U.S. deal to avoid a crushing debt default is at best a mild relief for the U.S. economy that nearly stalled in t...

Washington, D. C. is hot, but the rest of the nation is not when comparing our unemployment rates to the nation's capitol. "The largest over-the-month...

NEW YORK — Ambac Financial Group Inc.'s plan to try to sell $1.5 billion in stock in a bid to safeguard its critical "AAA" financial-strength ra...

A consortium of banks is planning to underwrite a private sale of as much as $2.5 billion of Ambac stock to shore up the bond insurer's capital, which...

The bailout of troubled bond insurer Ambac has hit a significant snag, after rating agencies demanded more capital from the consortium of banks involv...

MBIA surged as much as 6% in trading Tuesday after Moody's Investor Services confirmed the financial guarantor's triple-A rating. The action comes a ...