Fitch

The emissions scandal that Volkswagen AG (ADR) (OTC: VLKAY) is facing has taken the company's shares down by roughly 30 percent over the past two days. The company is also facing massive fines and even criminal lawsuits in the United States; a new probe looking into its software in the UK has...

Standard & Poor’s downgraded Japan’s credit rating from AA- to A+. The firm justified the demotion as a sign of disapproval of Prime Minister Shinzō Abe’s economic strategy – often called Abenomics. Shares of the iShares MSCI Japan ETF (NYSE: EWJ), WisdomTree Japan...

U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...

On a press release on Tuesday, Fitch announced that US’s government’s AAA rating will but put under “rating watch negative” as the discussion on the debt ceiling approaches the default deadline with impasse in Washington. Fitch is one of the nation's three largest credit rating agencies along...

While Benzinga mostly covers actionable trading ideas and news stories, we've decided to delve a bit deeper into personal finance. The team at Benzinga would like to assist readers with not just their investing endeavors, but their financial lives as a whole. And today, we continue this effort...

Markets tumbled overnight on fears that China's slowdown will produce the much dreaded hard landing as economists at Goldman Sachs cut the growth forecasts for the emerging market economy. Chinese shares fell over 5 percent while copper tumbled to a new 2013 low on global growth fears. Slowing...

The U.S. Department of Justice intends to bring civil charges against McGraw-Hill (NYSE: MHP) subsidiary, Standard & Poor’s for wrongdoing in its ratings of mortgage bonds prior to the 2008 financial crisis. The action, reported by CNBC, would be the first by a federal agency against a...

Futures Rise on Cliff Deal, German Confidence U.S. equity futures rose slightly in pre-market trading as Congressional leaders appear closer to a deal to at least manage the fiscal cliff and mute some of the effects of the tax hikes and spending cuts. Now, it is true that many of measures do not...

Join Marketfy's Sang Lucci for a FREE webinar today at 4:15 pm EST to discuss different ways to successfully trade Options & large cap equities in the midst of consistent interruptions via Fiscal Cliff news. Seats are limited, sign up now! Futures Rise on Budget Deal Hopes U.S. equity futures...

Moody's Monday downgraded the credit rating of French sovereign debt to Aa1 from AAA, or one notch, citing a worsened economic outlook with increased exposure to peripheral nations through trade and banking and rising debt-to-GDP levels. France was also kept on negative watch, meaning further...

Fitch Ratings maintained Germany's AAA rating and reaffirmed a stable outlook Wednesday. "The affirmation reflects Germany's longstanding credit strengths and robust economic performance over the past two years," said the ratings agency in a statement. "Against the background of fragile global...