Low-income countries that sought to spend more on health care during the pandemic have been hit with ratings downgrades, while others avoided borrowing entirely.
The normally busy floor of the New York Stock Exchange was empty on Oct. 29, 2012, during Hurricane Sandy.
AP Photo/Richard Drew
Plunging stocks have triggered rarely used ‘circuit breakers’ that temporarily halt trading. A finance scholar explains what they are and the costs of shutting down markets.
Standard & Poor’s, Moody’s, and other ratings agencies have a long and storied history, but today they face significant criticism and the future of ratings themselves are under challenge.
Bryan Keogh, The Conversation e Nicole Zelniker, The Conversation
In the last year, workplace culture faced major upheaval for working women. We at The Conversation put together our reporting on that very topic from 2018.
Even the big, bad Wall Street bull is scared of inflation.
AP Photo/Richard Drew
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
Inflation may be a bull market’s greatest enemy.
AP Photo/Richard Drew
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Another jittery day on Wall Street.
Reuters/Brendan McDermid
The BRICS bloc of states have resolved to establish an alternative credit rating agency to counter western dominance in the financial markets. Will it work?
Will investors continue to give Trump a vote of confidence?
Richard Drew/AP Photo
A common Wall Street adage claims: ‘As January goes, so goes the year.’ What does that mean for investors as stocks look set to end President-elect Trump’s first month in office higher?
The credit-ratings agencies are already circling to cut the UK’s grade if it votes to leave the EU. Here’s how their calculations work, and what we should do about it.
Credit rating agencies often elicit criticism when they downgrade countries.
EPA/Justine Lane
Credit rating agencies have come in for a lot of flack. But the bottom line is that to attract investors with deep pockets countries can’t avoid having a credit rating. And a good one at that.
The sour face means the Fed must be about to raise rates.
Reuters
The 2014 midterm elections were full of surprises, mostly bad for the Democratic Party. Many Democratic candidates were defeated in races where the polls showed them with small but consistent leads. Chief…
Credit ratings agencies wield an enormous amount of social, economic and political power.
AAP
Evaluating the creditworthiness of countries is far from an exact science, yet the influence of credit ratings agencies is extraordinary. Recently, the UK government’s debt rating has been downgraded by…
Subprime ratings have come back to haunt Standard and Poor’s, which is now facing civil action from the US government.
AAP
Kevin Davis, Australian Centre for Financial Studies
Five billion dollars is a lot of money — and that is the amount which the US Justice Department claims were losses incurred by US banks and credit unions from investing in CDOs rated by Standard &…
Demonstrators in front of Standard & Poor’s credit rating agency offices in Paris 15 January 2012.
AAP
For decades, credit ratings agencies were largely ignored by the masses, but in recent months they have continued to hit the headlines again and again. The big three (Standard & Poor’s, Moody’s and…