credit rating

S&P downgrades European Union's credit rating

Dec 20, 2013
Citing concerns over the massive bailouts in Europe, Standard and Poor has stripped the EU of its AAA rating.
Posted In: European Union, Standard & Poor's, credit rating

If 'creditworthiness is like virginity,' did the U.S. just lose it?

Oct 17, 2013
America's creditworthiness takes a hit in Asia, even with the debt ceiling raised and the government reopening.
Posted In: government shutdown 2013, debt ceiling, credit rating, China

Justice Department sues S&P over securities ratings

Feb 5, 2013
In a lawsuit filed late Monday, the U.S. Department of Justice claims the credit rating firm Standard & Poor’s knew some $4 billion worth of mortgage-backed securities were risky.
Posted In: S&P, credit rating, financial crisis

French credit rating slips, but national attitude is defiant

Nov 20, 2012
French bonds fell today in the wake of Moody's downgrading the nation's credit rating. So is the second largest economy in Europe shrugging its collective shoulders? Non!
Posted In: France, credit rating, Moody's

CFPB to oversee credit reporting agencies

Jul 16, 2012
The Consumer Financial Protection Bureau said this morning it will assume oversight of the credit reporting industry.
Posted In: credit rating, CFPB

China: Stuck with its addiction to U.S. debt

Aug 7, 2011
Shanghai's Pudong district...built with help from the purchase of US debt. Officially, the response from China's government to...
Posted In: China, credit rating, downgrade, Standard & Poor's

MID-DAY UPDATE: Davos and FCIC

Jan 27, 2011
The World Economic Forum is underway in Davos, Switzerland, and already we're hearing from forum participants. A senior executive of Goldman Sachs...
Posted In: bank regulations, credit rating, Davos, FCIC, financial crisis, Goldman Sachs, Japan, mid-day update, S&P

MIDDAY UPDATE: Renting, credit cards, and buzzwords

Dec 23, 2010
Today, Mark Zandi of Moody's Analytics released a list of 55 U.S. organized according to how cost effective it is to rent a home, rather than buy....
Posted In: Credit Cards, credit rating, home prices, homeownership, homes, mid-day update, politics, rent