Two ratings agencies this week downgraded Illinois' credit rating. What does this mean to you? Mainly it means that more of your tax dollars now will go toward paying interest on state borrowing.
“New Jersey continues to struggle with structural imbalance and the governor's decision to reduce pension contributions in
Caitlyn Becker joins Mike to discuss the status of teen retailer Abercrombie & Fitch.
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.
June 14 (Reuters) - Credit rating agency Fitch said it would consider Detroit to be in default if it stops making payments
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?
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.
"A downgrade of the U.K.'s 'AAA' sovereign rating would likely be triggered by ... General government gross debt failing
On Thursday Rajoy said he was determined to stick to austerity measures even though they are aggravating the economic slump
* One week after email to S&P, MF Global failed MF Global's collapse was partially triggered by Moody's Oct. 24 downgrade
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.
The ratings agency lowered Belgium's local- and foreign-currency government bond ratings to Aa3 from Aa1. The new rating
Ford shares were down 7 cents to $12.36 in premarket trade. (Bernie Woodall and Ben Klayman) - Ford Motor Co posted lower
Which is a safer investment: (A) Treasury bonds, backed by the full faith and credit of the U.S. government, or (B) securities
The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly
But downgrades would have a serious impact on everyday Americans across the board, Frank Shafroth, director of the Center
Moody's, via ChartsBin: Fitch, via ChartsBin: via The charts below show the credit rating for each country
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.
"If you get a small agreement, that will lead to a downgrade," he said in the July 14 interview. S&P would likely be the
ATHENS - Fitch pushed Greece's credit rating deeper into junk territory on Friday, warning of even further downgrades if