SAN FRANCISCO, July 6 - California suffered a new setback in its financial crisis on Monday when Fitch Ratings cut its rating on the state's general obligation debt...
SAN FRANCISCO, July 6 - California suffered a new setback in its financial crisis on Monday when Fitch Ratings cut its rating on the state's general obligation debt...
NEW YORK, April 10 - Standard & Poor's on Friday cut certain debt ratings of General Motors Corp and Chrysler Holding LLC, citing lower likelihood of recovery by their debtors in the event either carmaker...
* Dollar may extend decline on sovereign ratings fears * U.S. housing data, second GDP reading on calendar * Focus on U.S. Treasury debt auctions next week NEW YORK, May 22 - The dollar is...
HONG KONG, Oct 23 - Indonesia, which has seen a flood of foreign investment this year, is edging closer to securing an investment-grade ratings status for the first time since the Asian financial crisis in...
* Delta sees no meaningful recovery in coming months * Southwest credit rating one level above junk * AirTran capacity cuts help fuel $78.4 mln gain * Delta shares off, Southwest falls after hours (Recasts...
* Moody's downgrades Queensland, follows S&P * Says no strategy for balancing budget SYDNEY, May 21 - International credit-rating agency Moody's downgraded the Australian state of Queensland on Thursday to Aa1 from Aaa, citing a...
NEW YORK, Oct 15 - Capital One Financial Corp, a credit card and banking company, said on Wednesday net charge off and delinquency rates increased in September, amid the credit crunch and a deterioration of...
* Fitch threatens ratings review over bond issuance * Investors fret over Japan's bulging public debt * Finance minister acknowledges concerns over budget * Voters getting more worried about fiscal discipline * Strategist: Markets need...
WASHINGTON, Nov 3 - Global interest rates will need to rise by up to 2 percentage points to rein in increasing debt levels in major advanced economies, the International Monetary Fund said on Tuesday. In...