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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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    May 10, 2013 |Story| Los Angeles Times
  1. 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: Ron Johnson, Earnings, Prices, Coca-Cola Co., Macy's

  2. Apr 19, 2013 |Story| Los Angeles Times
  3. Europe austerity strategy is hurting growth, IMF says

    WASHINGTON — Britain and the Eurozone are steadfastly sticking to austerity measures despite increasing evidence that such action alone isn't working to revive their economies and is dragging down global growth.
    WASHINGTON — Britain and the Eurozone are steadfastly sticking to austerity measures despite increasing evidence that such action alone isn't working to revive their economies and is dragging down global growth. Such persistence, analysts said,...

    Tags: Brookings Institution, Cypriot Banking Crisis (2013), International Organizations, World Bank Group, National Government

  4. Apr 15, 2013 |Story| Los Angeles Times
  5. 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: Freddie Mac, U.S. Senate, Kamala D. Harris, George W. Bush, Financial and Business Services

  6. Apr 3, 2013 |Story| Los Angeles Times
  7. Private-sector and service-sector job growth slow in March

    WASHINGTON — Private-sector employment growth and expansion in the vital service sector slowed last month, raising concerns about the strength of the recovery ahead of Friday's government jobs report.
    WASHINGTON — Private-sector employment growth and expansion in the vital service sector slowed last month, raising concerns about the strength of the recovery ahead of Friday's government jobs report. Payroll firm Automatic Data Processing Inc....

    Tags: Labor Markets, Unemployment Rate, Career and Workplace, Hurricane Sandy (2012), Automatic Data Processing, Inc.

  8. Apr 2, 2013 |Story| Los Angeles Times
  9. Truck sales get a lift from housing rebound

    Surging truck sales paved the way for one of the biggest auto sales months in nearly six years.
    Surging truck sales paved the way for one of the biggest auto sales months in nearly six years. That's a sign of the housing rebound making its way into new construction, as contractors buy new pickups. Growth in the vital housing and auto industries...

    Tags: General Motors Corp., Manufacturing and Engineering, Ford Motor Co., Chevrolet, Automotive Equipment

  10. Mar 26, 2013 |Story| Los Angeles Times
  11. Home prices post sharp increases in January

    Tight housing supply and strong demand in January pushed a leading home price index to notch its sharpest annual increase in more than six years.
    Tight housing supply and strong demand in January pushed a leading home price index to notch its sharpest annual increase in more than six years. The price jumps in big U.S. cities are driving down negative home equity and giving a boost to the new-home...

    Tags: Prices, Financial and Business Services, Real Estate, Oaktree Capital Management, Finance

  12. Mar 6, 2013 |Story| Los Angeles Times
  13. 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: Labor Markets, Career and Workplace, Business, Automatic Data Processing, Inc., Unemployment Benefits

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

  16. Feb 9, 2013 |Column| Los Angeles Times
  17. 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: Justice System, Laws, Mortgages, Ratings, Criminals

  18. Feb 14, 2013 |Story| Los Angeles Times
  19. 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: Labor Markets, Career and Workplace, Unemployment Benefits, Employment, Employment Opportunities

  20. Feb 4, 2013 | Los Angeles Times
  21. California finances praised but not upgraded by Moody's

    PolitiCal
    A major Wall Street rating agency said Monday morning that Gov. Jerry Brown's latest budget proposal shows California's finances are on the mend. But the agency, Moody's Investors Service, cautioned that California's progress could easily stall given...
  22. Feb 4, 2013 |Story| Los Angeles Times
  23. 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: Credit Ratings, Crime, Law and Justice, Justice System, Mortgages, Financial Markets

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