Topic: Moody's Corporation

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  • For these four nations, 2012 is worse than the Great Recession

    The Great Recession of 2008/09 delivered the worst blow to the global economy since the 1930s. But in a few nations, 2012 is turning out to be worse than 2009 in terms of economic growth. Europe's debt crisis, the general slowing of the world economy, and domestic political troubles have played a role in undercutting 2012 growth for one or more of these four nations. Can you guess who they are? 

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  • ADP: Private jobs numbers miss the mark

    The economy added 166,000 jobs in September, coming in well below estimates, according to ADP's monthly jobs report. The ADP numbers carry more weight this month, since the  government shutdown is likely to prevent the BLS from releasing the nonfarm payrolls count Friday.

  • Indian rupee hits record low

    The Indian rupee fell past 64 to the dollar for the first time on Tuesday and bond yields spiked to a five-year high before the central bank stepped in to sell dollars. 

  • School bus fight: Driver won't face negligence charges

    School bus fight: Three 15-year-old boys, who each face aggravated battery charges, were involved in a brutal school bus fight that left a 13-year-old with a broken arm. Authorities initially sought a child neglect charge against the school bus driver for not stopping the fight.

  • Stocks rise with S&P 500 hitting new high

    Stocks rose on Wall Street Monday, pushing the Standard & Poor's 500 index to another record high. A pair of strong economic reports helped to boost stocks.

  • Stocks fall on threat of Italy deadlock

    Stocks saw their worst decline in months Monday as Italy heads for political disarray. As stocks plunged, gauges of market sentiment indicated that investors were becoming more risk-averse and parking their money in defensive assets.

  • S&P hits five-year high

    The S&P 500 index advances for sixth week in a row. Dow just shy of 14000 on mostly positive earnings reports and sharply narrow US trade deficit.

  • Stock market dives after Dow hits 14,000

    Stocks fell the most this year Monday, the first trading day after the Dow broke 14,000. Boeing was the only rising stock among the 30 in the Dow.

  • Have degree, driving cab: Nearly half of college grads are overqualified

    New study finds that 48 percent of college graduates are in jobs that do not require a college degree, fueling consumer doubts over whether a college education is worth the cost.

  • Venezuela: Court approves Chávez inauguration postponement

    Well-known for lengthy speeches, Venezuelan President Hugo Chávez has been publicly silent for nearly a month. His inauguration, originally scheduled for Thursday, has been postponed. Critics are calling for new elections.  

  • Are 'fiscal cliff' woes killing Christmas sales?

    In last weekend before Christmas, traditionally a strong sales period, shoppers cite worries over taxes and so-so discounts as reasons to rein in spending. Experts warn of ho-hum holiday sales.