Standard & Poor's says the U.S. credit rating is now "stable." CNBC's Steve Liesman, offers insight.» Read More
Kathleen Brooks, research director at Forex.com, tells CNBC that there has been absolutely no strategy in the UK for austerity and bringing down debt.
MILAN, Feb 12- Ratings agency Fitch has put Finmeccanica's "BBB-" long-term rating under review for a possible downgrade following the arrest of the Italian defence group's chairman and chief executive Giuseppe Orsi in a corruption probe in India.
Five percent of U.S. consumers have an error on their credit report that "could lead to them paying more for products such as auto loans and insurance," the Federal Trade Commission said Monday, as it issued a long-awaited study of credit report accuracy.
"Many of the practices you're seeing in DOJ's lawsuit are still going on. They're still selling out," said Jules Kroll, CEO of Kroll Bond Ratings, a New York-based ratings agency.
Jules Kroll, Kroll Bond Ratings CEO, weighs in on the $5 billion lawsuit against Standard & Poor's.
Peter Schiff, CEO, Euro Pacific Capital says the U.S. government is being vindictive by going after S&P over its ratings on mortgage bonds. He sounds caution on the triple-A ratings on U.S. treasuries.
Attorney General Eric Holder announces the Justice Department is filing a civil suit against Standard and Poor's for alleged fraud on mortgage ratings. And, CNBC's David Faber and Scott Cohn, weigh in.
Floyd Abrams, Cahill Gordon & Reindel partner, discusses the merits of the Department of Justice's civil lawsuit against Standard & Poor's rating agency for alleged ratings fraud.
Andre De Silva, Head of Asia-Pacific Rates, HSBC Global Research explores the merits of trusting rating agencies.
Nick Maroutsos, Founder & Managing Director, Kapstream Capital says it is important to use rating agencies with a pinch of salt. Ratings agencies are a backward indicator rather than a forward-looking one, he adds.
David Riley, global managing director for sovereign ratings at Fitch Ratings, says the U.K. faces a "significant" risk of being downgraded.
Lionel Barber, editor at The Financial Times, tells CNBC that the key questions will be what kind of powers David Cameron can repatriate from the EU and what about the uncertainty created for business.
George Osborne, Britain's finance minister, tells CNBC's Maria Bartiromo why the U.K. must stick to its deficit plan.
Banks in Spain, Italy, Ireland and Britain need to set aside much more money to cover potentially bad loans, credit ratings agency Moody's said on Thursday, meaning European taxpayers may again be tapped for cash.
India has been trying to implement a range of reforms and fast track FDI approvals in order to boost up its investment potential. CNBC's Sri Jegarajah speaks to P. Chidambaram, Finance Minister of India, who hopes the government's efforts can also help lift India off credit negative watch.
HONG KONG, Jan 22- India's economy will grow "no better than" 5.7 percent in the current fiscal year but will regain traction in 2013/ 2014, the finance minister said on Tuesday, committing to fiscal prudence in the budget and brushing off threats of a downgrade. He spoke to the media afterwards and Citi reported some of his presentation.
David Riley, Fitch Ratings, explains why the U.S. could lose its triple-A status, even if Congress does raise the nation's debt ceiling. (4:22)
The big returns on high-yield debt won't continue in 2013 as price increases stall, but they should still offer low- to mid-single digit returns, Jeffrey Rosenberg, BlackRock's chief investment strategist for fixed income, told CNBC on Friday.
Avoiding the "fiscal cliff" was a good thing, but these experts worry that continuing dysfunction in Washington will take a toll on the dollar.
Independent ratings agency Egan-Jones, which slashed the U.S. sovereign credit rating twice last year, said it has no intention of further downgrading the country this year, praising efforts by U.S. lawmakers to avert the "fiscal cliff".