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Standard & Poor's downgrades U.S. debt rating to AA+ WASHINGTON --
Standard & Poor's removed the US government from its list of risk-free borrowers Friday night, citing concern about the rising burden of the federal debt. The nation's rating was reduced to AA-plus
... read moreUS Stocks Sink in Biggest Drop Since 2008 Stocks slid to their lows of the day Friday amid speculation
S&P was close to announcing a reduction in the US AAA credit ranking. Photographer: Jin Lee/AP US stocks fell the most in 32 months this week, erasing the
Standard & Poor's 500 Index's 2011
... read moreFive Days to Remember—Or Not That night, David Feinman, a 58-year-old former Wall Street trader who now invests his own money, went online to sell half of his futures contracts on the
Standard & Poor's 500-stock index. "The resolution is good but it doesn't fix anything," Mr.
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