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CreditRating

On Friday, it looked like this week would be ugly. Standard & Poor's had just downgraded the credit ratings of France and several other E.U. countries, the latest domino to fall in Europe's slow-motion economic train wreck. But at least in the U.S., the stock market has shrugged off that news.
Attitudes toward mortgage default are shifting in America. People who've never missed a payment on anything in their lives are walking away from underwater homes, even when they can afford their monthly payments, because staying doesn't make financial sense. But how good a business decision is a strategic default?
Standard & Poor's downgraded the U.S. debt rating for the first time on Friday. Coming on top of concerns of a second recession, the move has investors worried that we're headed into a bear market for stocks. Here's what that would look like.
Recently, Wall Street Journal columnist Brett Arends wrote about how he's giving up credit cards and going all cash. He cited some compelling advantages to dumping his plastic, but it may not be right for you. Here are five things you give up by switching to an all-cash lifestyle:
Rebuilding your life after bankruptcy – including your credit rating, finances and your emotional well-being – can sometimes seem like an overwhelming task. But if you've recently filed for Chapter 7 or Chapter 13 bankruptcy protection, it's important to realize that there is life...
When we posted last week addressing what is a good credit score and how to get one, we got lots of feedback. It seems that a lot of people these days are concerned about their credit scores -- not at all surprising in these times. We also noticed that a lot of you want to take steps to improve your...
There were plenty of interesting Super Bowl ads during Sunday's game, but Hyundai's "Assurance Deal" ad caught my ear, if not my eye, when the announcer said the car company would take a Hyundai back if the buyer lost a job within a year of buying it. As someone who was laid off last year, and who...
Ken and Daria Dolan, America's First Family of Personal Finance, answer your questions every Friday. Dear Ken and Daria, I filed for bankruptcy and have recently gotten remarried. I wanted to know if my credit rating will hurt my new husband's credit. (He has excellent credit.) Thank you for your...
Fair Isaac Corp, the company that created FICO credit scores, is changing its calculations in 2008 (subscription required). The company says that the new scores will be better at predicting the likelihood of defaults on debts. They say the new system will reduce default rates by 5% to 15%.The new...

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.07-0.11
-1.34%
254.23M
ALU
Alcatel-Lucent (ADR)
2.19+0.25
+12.89%
122.18M
GE
General Electric Company
18.88-0.26
-1.33%
109.55M
F
Ford
12.44-0.25
-1.97%
52.49M

% Gainers

CIE
Cobalt International Energy
31.68 +7.78
+32.55%
18.42M
LNKD
LinkedIn Corp.
89.96 +13.57
+17.76%
13.27M
ALU
Alcatel-Lucent (ADR)
2.19 +0.25
+12.89%
122.18M
WNS
WNS (Holdings) Limited (ADR)
10.50 +1.10
+11.70%
3.07M

% Losers

NBG-A
National Bank of Greece SA (ADR)
5.72-1.03
-15.26%
188,505
OSG
Overseas Shipholding Group, Inc.
10.18-1.65
-13.95%
1.88M
AB
AllianceBernstein Holding LP
14.35-2.16
-13.08%
1.30M
OC-B
Owens Corning (Warrant) 'B'
2.31-0.34
-12.83%
26,436
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