❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

France's credit rating downgraded by Moody's

Nov 20, 2012
Europe's second largest economy, France, has just had its AAA credit rating downgraded by the rating agency Moody's.

U.S.'s credit rating cut defies dire predictions

Aug 2, 2012
A year after Standard & Poor’s cut the U.S. credit rating from AAA to AA+, interest rates are lower than ever. Who made the right -- and wrong -- predictions?

Germany's strength doesn't protect from Moody's downgrade

Jul 24, 2012
Moody's Investors Service has lowered the outlook for the credit ratings of three of Europe's strongest economies: Luxembourg, the Netherlands and Germany. It's part of a busy day in Europe that has investors on-edge -- markets there are barely moving.

Moody's cuts ratings of major international banks

Jun 22, 2012
Moody's has downgraded the credit ratings of 15 banks in Europe and North America -- that continues to rattle markets in Asia and Europe today so far.

Moody's downgrades 15 major banks

Jun 22, 2012
The credit rating agency Moody's slashed the ratings of 15 of the world's biggest financial institutions, including Citigroup and Bank of America here in the U.S. and Barclays and Credit Suisse in Europe.

Sony: Downgraded, down-hearted... but also down with Dick Tracy.

Feb 9, 2012
The long-time king of consumer electronics is listing like the Costa Concordia. The foreign CEO who was supposed to right the ship is gone; today, S&P downgrades its debt into the BBB’s. Ouchy. The company known for innovation and quality (how long ago it seems, but they won the Blu-ray, HD-DVD war, remember?) has found […]

What the S&P downgrades mean for Europe

Jan 16, 2012
Europe correspondent Stephen Beard discusses why the European markets remained pretty steady despite the credit downgrades of several European countries, and why we ought to worry about the Greek debt talks collapsing.
Standard & Poor's downgraded the credit ratings of France, Italy and other European nations. But the markets remained steady. Why?
Thomas Coex/AFP/Getty Images

For public good, not for profit.

S&P downgrades France and Austria from AAA rating

Jan 16, 2012
Right after Wall Street closed on Friday, the ratings agency Standard and Poor's downgraded the credit ratings of nine European countries. France and Austria lost their prized AAA credit ratings.

Do the ratings agencies need a downgrade?

Dec 8, 2011
Europe and the U.S. are both exploring new options for judging the value of debt after increasing threats of downgrade from agencies like S&P and Moody's.