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Standard & Poor’s

Standard & Poor's

A homeless man pushes a shopping cart full of his belongings across an intersection in the Skid Row area of Los Angeles in 2013.  (AP Photo/Jae C. Hong, File)
A homeless man pushes a shopping cart full of his belongings across an intersection in the Skid Row area of Los Angeles in 2013. (AP Photo/Jae C. Hong, File)
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S&P: Wealth gap is slowing US economic growth

WASHINGTON (AP) -- Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession.

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(Mario Tama/Getty Images)
(Mario Tama/Getty Images)
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Rating Agency Warns NJ of Possible Downgrade

A bond rating agency has put New Jersey on notice.

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Money
Flickr User Keith Ramsey
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NJ Suing Standard & Poor’s

New Jersey filed a lawsuit against Standard & Poor’s.  The charge is that the company misled consumers about the independence and objectivity of its ratings services and, for self-serving reasons, used outdated analytic models to maximize market share and profits.

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