| May 16, 2014
The California state treasurer is charged with investing the state's money and selling its bonds. That's not quite as sweeping as it sounds. The Legislature and voters actually decide what projects to sell bonds for, and there are numerous constraints...
| May 27, 2014
| 6:48 PM
Tesla Motors Inc., the electric-car company whose stock climbed fourfold last year, was slapped with a junk credit rating by Standard & Poor's because of "considerable uncertainty" about its long-term prospects.
The B-minus ranking, six levels below...
| Mar 21, 2014
| 6:09 AM
WASHINGTON -- Fitch Ratings on Friday upgraded its outlook for the U.S. AAA credit rating, removing the nation from a downgrade watch after politicians put off another debt limit battle until next year.
The company, one of three major credit rating...
| Mar 17, 2014
| 7:45 PM
In its latest reaction to a mounting safety scandal, General Motors Co. recalled 1.5 million more vehicles and set aside $300 million to pay for repairs.
The move follows the automaker's apologies over delays in fixing a deadly ignition switch problem....
| Jan 28, 2014
| 4:30 PM
After my recent column on financial priorities for the New Year appeared, I heard from a reader with $55,000 in credit card debt. She said that her options were limited for paying off the debt and asked about using debt relief services. "Will that destroy...
| Feb 4, 2014
| 10:30 AM
People ask me all the time why we don't have a revolution in America, or at least a major wave of reform similar to that of the Progressive Era or the New Deal or the Great Society.
Middle incomes are sinking, the ranks of the poor are swelling, almost...
| Feb 26, 2014
| 12:30 PM
Shares in DreamWorks Animation fell more than $4 in early morning trading Wednesday after Piper Jaffray downgraded the toon studio's stock to "underweight" from "neutral." Company also set a target price of $19 for DWA's shares, which closed at $35.20...
| Mar 5, 2014
| 5:41 AM
Chicago’s financial standing took a hit Tuesday when a major bond rating agency once again downgraded the city’s credit worthiness because of a huge government worker pension shortfall and the overall amount of money it owes.
| Sep 24, 2013
| 1:03 PM
WASHINGTON -- A federal government shutdown or a failure to raise the debt limit -- both of which could happen next month -- would disrupt financial markets and hurt the U.S. economy, Moody's Investor Services warned Tuesday.
A stalemate over increasing...
| Nov 29, 2013
| 1:26 PM
Standard & Poor's downgraded the Netherlands' credit rating on Friday, slicing the list of Eurozone countries holding the top AAA rating to just three.
The Netherlands' ratings downgrade -- to AA+ from AAA -- can be blamed in large part on a...
| Oct 15, 2013
| 2:39 PM
WASHINGTON -- Fitch Ratings on Tuesday put the U.S. AAA credit rating on watch for a potential downgrade because of the standoff over raising the nation's debt limit.
The company said it still believed the debt limit would be raised soon, but the...
| Oct 15, 2013
| 11:15 AM
NEW YORK – The prospect of a U.S. debt default has unnerved investors, corporate executives and foreign leaders.
What's so troubling about Congress failing to raise the nation’s debt ceiling by Thursday? Here are basic facts about the debt...