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A collection of news and information related to Moody's Corporation published by this site and its partners.

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    Jun 18, 2013 |Story| Los Angeles Times
  1. Era of falling interest rates appears to be over

    For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over.
    For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over. After three decades in which borrowing costs for Americans have pretty...

    Tags: JPMorgan Chase & Co., Ben Bernanke, Mortgages, Freddie Mac, Consumer Confidence

  2. Jun 10, 2013 |Story| Los Angeles Times
  3. Standard & Poor's upgrades outlook for U.S. credit rating

    WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating.
    WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating. The automatic federal...

    Tags: Standard & Poor's Financial Services LLC, Congressional Budget Office, Rentals, Fiscal Cliff, Minor League Baseball

  4. May 31, 2013 |Story| Los Angeles Times
  5. Consumer confidence surges to near 6-year high

    WASHINGTON -- U.S. consumer confidence has recovered to pre-recession levels, but it's unlikely to stay up for very long.  The University of Michigan said Friday that its index of consumer sentiment jumped to 84.5 at the end of May, from 76.4 in April....

    Tags: Economic Indicator, Consumer Confidence, Consumers

  6. May 10, 2013 |Story| Los Angeles Times
  7. J.C. Penney woes may persist as Best Buy rebounds

    For a while, J.C. Penney and Best Buy seemed to be doppelgangers.
    For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...

    Tags: Corporate Officers, JC Penney Company Inc., Ball State University, Goldman Sachs Group, Inc., Prices

  8. Apr 15, 2013 |Story| Los Angeles Times
  9. Economist Zandi said to be candidate for key federal housing post

    WASHINGTON -- Economist Mark Zandi reportedly is being considered by the Obama administration to head the federal agency that oversees taxpayer-owned Fannie Mae and Freddie Mac as the White House seeks a candidate who could avoid Republican opposition in the Senate.
    WASHINGTON -- Economist Mark Zandi reportedly is being considered by the Obama administration to head the federal agency that oversees taxpayer-owned Fannie Mae and Freddie Mac as the White House seeks a candidate who could avoid Republican opposition...

    Tags: Bankruptcy, U.S. Senate, Services and Shopping, Republican Party, John McCain

  10. Mar 6, 2013 |Story| Los Angeles Times
  11. Private-sector job growth holding up, ADP report finds

    WASHINGTON -- The American job market appears to be holding up fairly well in the face of higher payroll taxes this year and uncertainty over government budget cuts -- so far anyway.
    WASHINGTON -- The American job market appears to be holding up fairly well in the face of higher payroll taxes this year and uncertainty over government budget cuts -- so far anyway. The payroll processing firm ADP said Wednesday its data showed that...

    Tags: Employment Opportunities, Automatic Data Processing, Inc., Unemployment Benefits, Business, Career and Workplace

  12. Feb 9, 2013 |Column| Los Angeles Times
  13. Execs off the hook at S&P

    You may have heard last week about a couple of big lawsuits brought by federal and state governments, alleging that the credit rating agency Standard & Poor's concocted a fraudulent scheme that contributed to trillions of dollars in investment losses and the cratering of pretty much the entire world financial system.
    You may have heard last week about a couple of big lawsuits brought by federal and state governments, alleging that the credit rating agency Standard & Poor's concocted a fraudulent scheme that contributed to trillions of dollars in investment losses...

    Tags: Phil Angelides , Annual Reports, U.S. Department of Justice, California Public Employees' Retirement System, Financial Markets

  14. Feb 20, 2013 |Story| Los Angeles Times
  15. Housing starts fall sharply at start of year

    WASHINGTON — Residential construction starts in January fell sharply from last year's soaring year-end activity, the government said Wednesday.
    This post has been updated. See below for details.
    WASHINGTON — Residential construction starts in January fell sharply from last year's soaring year-end activity, the government said Wednesday. The pattern in the latest housing data is similar to that of other major economic indicators of late....

    Tags: Hurricane Sandy (2012), Land Price, Labor Markets

  16. Feb 14, 2013 |Story| Los Angeles Times
  17. Unemployment claims fall in new sign of gradual labor recovery

    WASHINGTON — New filings for unemployment claims fell last week, and the total number of workers receiving jobless benefits dropped to a 4½-year low — further signs of the gradual recovery in the labor market.
    WASHINGTON — New filings for unemployment claims fell last week, and the total number of workers receiving jobless benefits dropped to a 4½-year low — further signs of the gradual recovery in the labor market. The Labor Department said...

    Tags: Employment Opportunities, Career and Workplace, Unemployment Benefits, Labor Markets, Employment

  18. Feb 4, 2013 |Story| Los Angeles Times
  19. S&P says it faces Justice Department suit for mortgage ratings

    WASHINGTON -- The Justice Department plans to file a civil lawsuit against Standard & Poor's for its ratings of mortgage-related investments leading up to the financial crisis, the company said Monday.
    WASHINGTON -- The Justice Department plans to file a civil lawsuit against Standard & Poor's for its ratings of mortgage-related investments leading up to the financial crisis, the company said Monday. The suit focuses on S&P's ratings in 2007 of some...

    Tags: U.S. Department of Justice, Financial Markets, Economy, Business and Finance, Justice System, Finance

  20. Jan 29, 2013 |Story| Los Angeles Times
  21. Moody's downgrades Canadian banks based on heady housing prices

    Canada's elevated housing prices and the extra debt taken on by consumers as a result could be problems for its banks should the economy hit bumps in the road, Moody’s Investors Service said in downgrading its credit ratings for six major...

    Tags: Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Economy, Business and Finance, Finance

  22. Jan 16, 2013 |Story| Los Angeles Times
  23. With inflation benign, workers saw solid real wage gains at year-end

    WASHINGTON -- The rate of inflation remained subdued last month, helping boost workers' real wages at year-end and giving the Federal Reserve breathing space as it continues its stimulus programs to support the economy.
    WASHINGTON -- The rate of inflation remained subdued last month, helping boost workers' real wages at year-end and giving the Federal Reserve breathing space as it continues its stimulus programs to support the economy. Consumer prices on the whole were...

    Tags: Economic Indicator, Inflation and Deflation, Prices, Market and Exchange, Consumers

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