Content Tagged As s&p
Tagged News
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Obama calls US AAA nation despite AA+ rating
August 8, 2011 2:14 PM
WASHINGTON (AP) - President Barack Obama says the U.S. always is and always has been a triple-A country, despite its rating agency downgrade. He said also the U.S. didn't need a rating agency to tell it that it's political system was having trouble functioning. Speaking at the White... more » -
S&P has no regrets on debt downgrade
August 8, 2011 8:07 AM
A managing director at Standard & Poor's says he has absolutely no second thoughts about the credit ratings agency's decision to cut the U.S. debt rating. With global stocks sinking early Monday, S&P's David Beers said on ABC's "Good Morning America" that the agency's decision was based on several... more » -
Warning for Fannie Mae and Freddie Mac surrounding debt debate
July 15, 2011 3:26 PM
WASHINGTON (AP) - Standard & Poor's is warning mortgage giants Fannie Mae and Freddie Mac that they may lose their top credit ratings if lawmakers don't raise the U.S. government's borrowing limit in time to avoid a default. S&P says government-controlled Fannie and Freddie, along with certain Federal Home... more » -
Stock futures on the rise
July 5, 2011 8:29 AM
NEW YORK (AP) - Stock futures are rising as investors anticipate economic data this week. The government is expected to report Tuesday that businesses increased their orders for manufactured goods in May. That's evidence that parts shortages stemming from the March 11th earthquake in Japan are fading. Reports are... more »
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