- Obama encourages ICE to stand down, say former border agents
- Pro-Palestinian protesters attack Israeli soccer team in Austria match
- Virginia police: 2 dead after storm at campground
- Ukrainian prime minister announces resignation
- House members question $17 billion VA request
- N.Y. Gov. Cuomo launches statewide task force to collect LGBT data
- Obama’s motorcade prevents woman in labor from crossing street to hospital
- Grijalva: Anti-trafficking law ‘line in the sand for many of us’
- Joe Biden: ‘Businesses are hiring at historic rates’
- Jeb Bush to Congress: Don’t use border crisis as excuse to delay immigration reform
Standard & Poor'S Corp.
Latest Standard & Poor'S Corp. Items
A campaign by congressional Republicans to eliminate the U.S. Export-Import Bank clouds the outlook for America's premier exporter, Boeing Co., Standard & Poor's Corp. warned on Tuesday.
Standard & Poor's Corp., one of Wall Street's top credit agencies, said Tuesday that the fragile housing recovery cannot continue without support from Fannie Mae and Freddie Mac, the two mortgage finance giants many in Congress seem bent on eliminating.
American corporations seem to be doing just about everything with their record $1.53 trillion in cash holdings except using it to invest and hire in the United States, even though the sluggish economy could use the boost.
Despite expressing confidence that the U.S. will avoid a default, one top credit rating agency has issued a quiet warning that the nation's AA+ rating will plunge suddenly to a shockingly low D if a political resolution does not come in time to prevent the Treasury from missing a debt payment in the next month.
Standard & Poor's Corp. on Monday withdrew its threat to downgrade the U.S. government for a second time, citing an improving economy and declining budget deficits. But it said the U.S. still falls short of getting a AAA rating because the two bickering political parties refuse to bridge their differences and address long-term debt problems.
Consumer confidence soared to a five-year high this month as an improving job market and double-digit gains in home prices lifted consumer spirits, according to a survey released Tuesday.
Britain on Friday became the latest major developed country to lose its top AAA credit rating, following a downgrade issued by Fitch, a London-based ratings agency.
The United States looks increasingly likely to lose its gold-plated AAA credit rating in the next few months amid warnings by Wall Street rating agencies that last week's $650 billion "fiscal cliff" deal did not go far enough to reduce $1 trillion deficits and stabilize the debt.
Wall Street ratings agencies are skeptical of the resolve of political leaders to tame the nation's debts, and are raising the likelihood that at least one of the three top agencies will add to the turmoil in financial markets at the end of the year by further downgrading the U.S. credit rating.