Posted on June 20, 2011 by
U.S. lawmakers working to rein in the country’s rising debt said on Monday they will have to make substantial progress this week to ensure the country retains its top-notch credit rating.
Continue ReadingPosted on August 16, 2010 by
WASHINGTON – CHINA’S holdings of US government debt dropped to the lowest level in at least a year, Treasury data showed on Monday.
Continue ReadingPosted on May 17, 2010 by
The euro, stocks and oil endured another rough ride Monday as German demands that Europe confront its debt crisis with tougher rules rattled markets.
Continue ReadingPosted on December 21, 2009 by
Payment services provider Moneygram International said Monday it notified its debt holders that it plans to make an optional $40 million repayment.
Continue ReadingPosted on November 30, 2009 by
Asian markets rallied on Monday, but Europe reversed opening gains, as investors digested moves by the United Arab Emirates central bank to soothe worries over Dubai’s debt crisis.
Continue ReadingPosted on June 1, 2009 by
Moody’s Investors Service on Monday cut its senior unsecured debt rating for Discover Financial Services into non-investment grade territory, citing risks the credit card company faces from the prolonged credit crunch and recession.
Continue ReadingPosted on April 8, 2009 by admin
DETROIT — Shares of Ford Motor Co.
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