Moody's Corporation

The stock market is on a quick-moving roller coaster, huge financial firms are still sizing up staggering losses and bailouts are barely making a ripple of impact. Retailers and restaurants are seeing slowing sales, just as the holiday season gets...

by William Neikirk A major economic stimulus package, including funds to rebuild the nation's infrastructure, is shaping up as one of the top ideas for responding to the worst financial crisis since the 1930s. Asked to name key measures that......

Passersby in this town of upmarket shops and sunny soccer fields would hardly guess it is about to be drawn into the vortex of America's financial crisis. But that is the fiscal drama that will unfold early Tuesday morning, when Avon Town Manager...

The decline in home prices in the Baltimore metro area accelerated last month - the average fell below the 2005 figure - but the hemorrhaging in sales came to a near-halt. The average sale price in Baltimore and its five surrounding counties dropped to...

Selected quotes on actions taken by the Group of Seven major industrial countries on Friday to combat the worldwide financial crisis: ___ "We finalized an aggressive action plan to address the turmoil in global financial markets and restore the health...

The tsunami of global stock sell-offs swept through Europe on Friday as European shareholders deserted the markets in droves, pushing down stock prices in a frenzy some dubbed "red October." Exchanges that had hit record highs just a year ago plunged...

Billionaire Sumner Redstone got caught in the credit crunch Friday. The 85-year-old mogul, who has long bragged about his financial savvy and competitive drive, was forced to sell a fifth of his family's stake in his two media companies -- Viacom Inc....

For many colleges, the last 15 years have been a golden age. Philanthropy and Americans' grudging tolerance for high tuition fueled an unprecedented boom -- investments in everything from gyms, dorms and labs to faculty and expanded financial aid. Now,...

NEW YORK (AP) _ Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange: NYSE Goldman Sachs Group Inc., down $12.55 at $88.80 The bank's credit outlook was revised to negative by ratings agency Moody's, which expects a...

For many colleges, the last 15 years have been a golden age. Philanthropy and Americans' grudging tolerance for high tuition fueled an unprecedented boom — investments in everything from gyms, dorms and labs to faculty and expanded financial aid....

NEW YORK (AP) _ Morgan Stanley Inc. shares plunged more than 22 percent Friday as investors questioned the investment bank's future even with a major investment from Japan's Mitsubishi UFJ Financial Group. Friday marked the fifth straight day that shares...

SAN FRANCISCO (AP) _ With its iconic stagecoach, Wells Fargo & Co. has evoked images of the wild West throughout its 156-year history. Now it's finally expanding east of the Mississippi with a $12.2 billion acquisition of Wachovia Corp., a golden...