U.S. securities regulators say their first annual review of the
nation's credit rating agencies finds the companies aren't doing
enough to protect their own financial integrity.
The U.S. has tumbled further down a global ranking of the
world's most competitive economies, landing at fifth place because
of its huge deficits and declining public faith in government, a
global eco
Here's an overview of how various markets are reacting to the
impasse in Washington over raising the U.S. borrowing limit. The
U.S. government could default on its debt after Aug. 2 if the limit
isn't
The economy worsened in much of the country earlier this summer,
hampered by high unemployment, weak home sales and signs of a
slowdown in manufacturing.
The head of a top credit rating agency says that some of the
deficit-cutting plans being considered by Congress could bring the
U.S. debt burden down to a level that would allow the country to
keep it
A federal judge in Florida has said customers from Union Bank
can team up as a class to sue the San-Francisco-based lender over
its overdraft fee policy.
Massachusetts Attorney General Martha Coakley said on Monday
that she will not sign on to any agreement between attorneys
general and the big banks if it includes releasing them from future
liability
Strong second-quarter earnings from McDonald's, General Electric
and Caterpillar on Friday are just the latest proof that booming
profits have allowed Corporate America to leave the Great Recession
fa
Fare increases gave United Continental and US Airways profitable
quarters despite the financial damage the airlines suffered from
sharply higher fuel prices.