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Marketplace

Back to the budget brink

Jul 18, 2019

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Economic, political forces harm South Africa's rating

by Tracey Samuelson Dec 11, 2015
Africa's second-largest economy could have its debt downgraded to junk level.
BBC World Service

S&P downgrades European Union's credit rating

by Nigel Cassidy Dec 20, 2013
Citing concerns over the massive bailouts in Europe, Standard and Poor has stripped the EU of its AAA rating.
Raising the Debt Ceiling

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

by Rob Schmitz Oct 17, 2013
America's creditworthiness takes a hit in Asia, even with the debt ceiling raised and the government reopening.

Justice Department sues S&P over securities ratings

by Jim Burress 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.
European Debt Crisis

French credit rating slips, but national attitude is defiant

by Kai Ryssdal 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!

CFPB to oversee credit reporting agencies

by Scott Tong Jul 16, 2012
The Consumer Financial Protection Bureau said this morning it will assume oversight of the credit reporting industry.
Chinopoly

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

by Rob Schmitz Aug 7, 2011
Shanghai's Pudong district...built with help from the purchase of US debt. Officially, the response from China's government to...

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News In Brief

MID-DAY UPDATE: Davos and FCIC

by Katharine Crnko 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...
News In Brief

MIDDAY UPDATE: Renting, credit cards, and buzzwords

by Katharine Crnko 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....