Topic: Fitch Inc.
By refusing to allow their ratings to be used in bond registration statements, the rating agencies are threatening a still-fragile asset-backed securities market.
07/30/2010 12:17 pm
BP oil spill: The New York Federal Reserve is investigating Wall Street firms' exposure to the oil company, in the event BP goes bankrupt over the Gulf oil spill.
06/28/2010 06:22 pm
Virtually everyone agrees that BP should pay the costs of the Gulf oil spill – rather than US taxpayers.
06/16/2010 02:48 pm
The US Coast Guard announced Thursday that, as a part of the oil spill clean-up, BP will start to funnel oil and gas to the surface of the Gulf of Mexico after successfully cutting a leaking oil pipe on the sea floor.
06/03/2010 02:03 pm
The firm is spending about $6 million a day to contain the oil spill. Gulf of Mexico expenses associated with the oil rig explosion could eventually cost BP more than $3 billion.
04/30/2010 05:08 pm
03/23/2010 03:36 pm
Harrisburg, Pa., is debating whether to declare Chapter 9 bankruptcy. As cities struggle to balance their budgets, more may consider the option.
02/19/2010 07:11 pm
Gov. Schwarzenegger stakes his political legacy on fiscal reform without tax hikes.
07/08/2009 01:00 am
Large foreign-currency reserves and overhauled regulatory systems have helped stability. Investors also seem to be better targeting which currencies are at risk.
10/29/2008 01:00 am
As social unrest grows over rising food and fuel prices, policymakers from Thailand to Indonesia are raising interest rates.
06/11/2008 01:00 am