S&P

There’s a new kid on the block -- but will this agency be able to give the big boys a run for their money?

The Dow gained nearly 100 points this morning, topping 14,225 and breaking into record territory.

Eric Schneiderman, the attorney general for the State of New York, says not enough has changed on Wall Street since the period before 2008.

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.

Two of the major stock indices closed at five-year highs today, while the CBOE Volatility Index drops to its lowest since April 2007.

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?

The yield -- or interest rate -- on 10-year government bonds has fallen down to 1.7 percent, which is close to the all-time low.

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 […]

First, the U.S. debt ceiling debate; now Europe. Standard & Poor’s threat to cut countries’ credit ratings appears meant to prod political action.