Debt Downgrade
Thank you for your submission!
From This Collection
Global market mood: Volatile
Aug 9, 2011
Markets overseas have fluctuated wildly throughout the morning, and investors are looking to the Federal Reserve for answers
European markets expected to bleed today
Aug 9, 2011
Yesterday was one of the worst days for global stock markets since the 2008 collapse of Lehman Brothers. A sell-off in European markets continues today.
Deja vu all over again for the economy?
Aug 9, 2011
Sharp stock market drops of late are reminiscent of the 2008 crisis -- and that's put investors on edge. But the roots of our current economic turmoil are much different than the causes of the last recession.
Downgrade could make life expensive for municipalities
Aug 9, 2011
The downgrade of the U.S. credit rating will also likely force ratings cuts on bonds issued by cities and states. That could raise municipality borrowing costs.
How does the market nosedive affect your wallet?
Aug 8, 2011
Should the average investor join the stock market sell-off?
U.S. credit downgrade: Apocalypse now out in the markets?
Aug 8, 2011
New York bureau chief Heidi Moore discusses what S&P's downgrade was really about and how we are going to get substantive economic help out of what's going on
Asia and Europe react to U.S. debt downgrade
Aug 8, 2011
How Europe is dealing with the U.S. downgrade news, in light of its own debt problems, and the latest on China's reactions as the largest foreign holder of U.S. debt
For public good, not for profit.
The Fed steps up
Aug 8, 2011
Now that partisan politics has rendered the government unable to function, only one player in Washington has the power to affect the economy: the Federal Reserve
The downgrade: What political gap?
Aug 8, 2011
The economy isn't doing well, but S&P said Friday it was downgrading U.S. debt because of politics, that there's such a gap between the parties, it throws into serious doubt the government's ability to govern responsibly. But where's the gap?
JEWEL SAMAD/AFP/Getty Images
Flummoxed by market reaction? Traders aren't...
Aug 8, 2011
Ellen Zentner, senior U.S. economist at Nomura Securities, says no one's surprised by the hot-and-cold reaction to the S&P downgrade.