Standard Poors

S&P Downgrades Berkshire Hathaway Rating

Standard & Poor's cut a major rating for Warren Buffett's Berkshire Hathaway, saying the move better reflects the company's dependence on its core insurance operations.

Home Prices Post Healthy Gains in December

U.S. home prices rose at a healthy pace in December compared with a year ago, driven higher by rising sales and a smaller supply of available homes. The Standard & Poor's/Case-Shiller 20-city home price index rose 6.8 percent year over year, up from a 5.5 percent annual gain in November.