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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: Federal Reserve, Consumer Confidence, Ben Bernanke, Jamie Dimon, Credit Ratings

    2. Jun 10, 2013 |Story| Los Angeles Times

  2. 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: Public Finance, Ratings, Automotive Equipment, Politics, Credit Ratings

    3. May 31, 2013 |Story| Los Angeles Times

  3. 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

    4. May 10, 2013 |Story| Los Angeles Times

  4. 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: George Soros, Citigroup Incorporated, Ron Johnson, Ball State University, Marketing

    5. 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: Citigroup Incorporated, John McCain, Kamala D. Harris, Politics, George W. Bush

    6. Mar 6, 2013 |Story| Los Angeles Times

  6. 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: Unemployment Benefits, Employment, Labor Markets, Automatic Data Processing, Inc., Small Businesses

    7. Feb 9, 2013 |Column| Los Angeles Times

  7. 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: McGraw-Hill Incorporated, Prosecution, Kamala D. Harris, Business Enterprises, Fines

    8. Feb 20, 2013 |Story| Los Angeles Times

  8. 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), Labor Markets, Land Price

    9. Feb 14, 2013 |Story| Los Angeles Times

  9. 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: Unemployment Benefits, Employment, Labor Markets, Unemployment, Career and Workplace

    10. Feb 4, 2013 |Story| Los Angeles Times

  10. 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: Ratings, Finance, Credit and Debt, Economy, Business and Finance, Trials

    11. Jan 29, 2013 |Story| Los Angeles Times

  11. 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: Toronto-Dominion Bank, National Bank of Canada, Finance, Canadian Imperial Bank of Commerce, Bank of Nova Scotia

    12. Jan 16, 2013 |Story| Los Angeles Times

  12. 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: Federal Reserve, Consumer Confidence, Inflation and Deflation, Consumers, Finance

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