STOCKS DROPPED again today, wiping out gains yesterday as nervous investors reacted to speculation that France’s credit would be downgraded and worries about bank solvency. Meanwhile, the drums continues to… Read more »
MARKETS TANKED today following the downgrade of the credit rating of the U.S. by Standard & Poor’s Friday. We discuss the implications and other news items hidden by the furor… Read more »
STANDARD & POOR’S downgraded the debt of the United States to AA+ after the close of business Friday, a move that some analysts think could trigger the second dip of… Read more »