Moody's Corporation

The economic crisis pushed Maryland's jobless rate to a 12-year high in October, the Labor Department said yesterday, but economists said even modest growth in the labor force kept unemployment from spiking further. Maryland's unemployment rate hit 5...

Prudential Financial Inc. may be downgraded by Moody's Investors Service because of declines in its investment holdings. The insurer's outlook was lowered to negative because losses "on subprime residential and commercial mortgage-backed and corporate...

Why aren't the government bailouts working? The presidential transition may be adding to the uncertainty roiling the financial markets. In fact, knowing the names on President-elect Barack Obama's economic team may prove more helpful in calming those...

The health-care industry is usually regarded as recession-proof, but a drop in elective surgeries and more people without health insurance will hurt growth, Moody's Investors Service said. BRUCE JAPSEN, PAGE 35

The Virginia Resources Authority is planning the largest pooled financing effort in its history. The authority planned to sell $254 million in bonds Thursday to pay for new libraries, fire stations, infrastructure improvements and other projects...

The Securities and Exchange Commission yesterday delayed a plan to adopt new rules aimed at stemming conflicts of interest in Wall Street's credit rating industry. The commissioners decided to take up the new rules at the same time as other proposals that...

Fallout from the financial crisis is walloping the people on Wall Street who created it -- and many who didn't. Citigroup Inc. revealed plans Monday to remove more than 50,000 jobs from the financial giant's payroll in a bid to drastically reduce...

Fallout from the financial crisis is walloping the people on Wall Street who created it -- and many who didn't. Citigroup Inc. revealed plans Monday to remove more than 50,000 jobs from the financial giant's payroll in a bid to reduce expenses and...

NEW YORK (AP) _ Deflation might sound like a good thing. Yet it can be even rougher on the economy than the more familiar phenomenon of inflation, because it's harder to get rid of. In the past year, record-breaking prices for oil, grains and metals...

Although consumers got some welcome news Wednesday about the prices they pay, the clouds over the economy loomed larger than ever. The Federal Reserve warned that a recession believed already to be underway could last until mid-2009 or later. That's...

The latest economic statistics sound like long-awaited good news: Prices paid by consumers dropped by a historic amount in October, as the cost of gasoline plummeted and increases in food prices slowed to give people an unfamiliar feeling of wellness in...

Shares of Principal Financial Group Inc. fell to new lows on Wednesday as stock in many life insurers tumbled over debt concerns involving commercial mortgage-backed securities. Des Moines-based Principal has life and health insurance divisions along...