Fitch Reaffirms Triple-A U.S. Debt Rating
Fitch Ratings affirmed the United States’ Triple-A debt rating Tuesday and called the country’s outlook 'stable.'
Power an Issue for Japan: Moody’s
Disruptions in its power supply and the potential for government assistance for Japan’s Fukushima power plant operator, coupled with uncertainty surrounding the cost, could translate to additional problems for the fiscal health of the country, said Moody’s Investors Service on Tuesday.
Unemployment Rate Falls, but Private Sector Hiring Disappoints
The nation's unemployment rate dropped to 9.4% last month, its lowest level in 19 months, but employers added 103,000 jobs in December, far below most analysts' expectations.
Housing Starts in September Rose for Third Straight Month
The housing numbers released by the government on Tuesday showed an increase in housing starts, which were up for the third straight month.
Pending Home Sales Up; Factory Orders Down
Figures released Monday by the National Association of Realtors and the U.S. Census Bureau showed that, while there appears to be light at the end of the tunnel, it's more like a candle than a torch.
Warren Buffett Testifies at FCIC Hearing
Chairman Phil Angelides presided over a full day of testimony on June 2, at the Financial Crisis Inquiry Commission's (FCIC) hearing on rating agencies, focusing on Moody's.
Financial Crisis Committee Grills Moody's on Ratings Failures
Moody's executive says they "could not turn a deal down."
Dividends Gain Appeal
If your clients' stock portfolios aren't earning their desired returns, it might be time to start focusing on dividends. Consider this statistic: between 1999 and...
The economy is sputtering, but advisors say this i