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Credit Ratings

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Top Credit Ratings Articles

Displaying items 89-99
  • Lew won't commit to paying bondholders if debt limit is breached

    Lew won't commit to paying bondholders if debt limit is breached
    WASHINGTON -- Treasury Secretary Jacob J. Lew on Thursday would not commit to paying interest on government bonds if the debt limit is not raised, saying it would be extremely difficult to choose which bills to pay if there is not enough money. On top...
  • GOP debt limit offer gives Wall Street its biggest gains of the year

    GOP debt limit offer gives Wall Street its biggest gains of the year
    The stock market staged its best rally of the year as lawmakers inched toward a deal that would temporarily stave off a government debt default. The Dow Jones industrial average surged 323.09 points after congressional Republicans proposed increasing...
  • Court clears the way for $8.2-billion Activision-Vivendi deal

    Court clears the way for $8.2-billion Activision-Vivendi deal
    The Delaware Supreme Court has overturned a ruling that halted video game publisher Activision Blizzard and a group of investors from buying most of Vivendi's majority stake in the company. The unanimous Thursday decision clears the way for Santa...
  • Fitch puts U.S. credit rating on downgrade watch over debt fight

    Fitch puts U.S. credit rating on downgrade watch over debt fight
    WASHINGTON -- Fitch Ratings on Tuesday put the U.S. AAA credit rating on watch for a potential downgrade because of the standoff over raising the nation's debt limit. The company said it still believed the debt limit would be raised soon, but the...
  • Yellen gains allies for top job at Fed

    Yellen gains allies for top job at Fed
    WASHINGTON — In an era of unprecedented efforts by the Federal Reserve to bolster the economy, add another first — a highly public campaign to influence the selection of the central bank's next chief. Supporters of Fed Vice Chair Janet L....
  • Upbeat data may prompt Fed to act

     Upbeat data may prompt Fed to act
    WASHINGTON — Improving economic data is making the prospects more likely that the Federal Reserve will start tapering its massive bond buying next month, a move that suggests the recovery is on solid ground but that would be likely to roil Wall...
  • U.S. sues BofA over mortgage-backed securities

    U.S. sues BofA over mortgage-backed securities
    In twin securities-fraud lawsuits against Bank of America Corp., the federal government is accusing the nation's second-largest lender of lying to investors about supposedly prime loans that more closely resembled subprime "liar loans." The civil suits,...
  • Stock market's weekly winning streak comes to an end

    Stock market's weekly winning streak comes to an end
    NEW YORK — The stock market's longest weekly winning streak in a year came to an end as summer doldrums set in on Wall Street. Major U.S. indexes closed moderately lower Friday, with the Dow Jones industrial average sagging 72.81 points, or nearly...
  • Home shoppers advised to stay patient amid overheated housing market

    Home shoppers advised to stay patient amid overheated housing market
    Be patient. Hang in there. Keep trying. In one form or another, that's the advice some real estate experts give buyers in dealing with this overheated housing market. Yes, it is a good time to buy in terms of house prices and mortgage rates. If you...
  • IMF lowers U.S. and global economic growth forecasts

    IMF lowers U.S. and global economic growth forecasts
    WASHINGTON — After leading the way out of the global recession, China and other big developing economies now are growing slower, a significant shift in momentum that augers weaker world growth and softer demand for U.S. exporters. The slowdown...
  • Stocks drop amid fears of federal government shutdown

    Stocks drop amid fears of federal government shutdown
    NEW YORK — Political drama in the nation's capital fueled fears on Wall Street that a threatened federal government shutdown could plunge financial markets into turmoil. The Dow Jones industrial average skidded 128.57 points, or 0.84%, to 15,129....