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No Double-Double for Goldman Sachs? Firm downgrades Tim Hortons

New York - Goldman Sachs may not be completely satisfied with Tim Hortons's Double-Double coffee. The investment firm downgraded the company's rating amid moderate same-store sales (SSS) and the decline in restaurant traffic.

Moody's downgrades six European countries amid debt crisis

New York - Moody's has announced that it has downgraded the credit rating of six European countries, while three other nations had their outlook cut to negative. These downgrades come as the European debt crisis persists and the economy remains weak.

Gallup: President Obama's job approval now below 40 percent

In the wake of the US downgrade and during a key political weekend for the Republican Party, the latest poll from Gallup positions President Obama at his lowest approval rating since taking office.

S&P downgrade sends stocks plummeting nearly 635 points

New York - Fear ran rampant on Wall Street on this first Monday after Standard & Poor's downgraded the US credit rating from AAA to AA+. All three major indexes plummeted between 5% and 7%, with the Dow landing below 11,000 for the first time since November.

Op-Ed: US Dollar, Bonds to Benefit from Debt Downgrade

In the short term, both the US dollar and US Treasury bonds may actually benefit from the downgrade of the US debt and react to panic buying.

GOP presidential candidates tie Obama to credit rating downgrade

As news of the Standard and Poor's downgrade of America's credit rating from AAA to AA+ reverberated into the weekend, Republican presidential hopefuls used the event to showcase what they see as President Obama's flawed leadership.

Hackers! Watch out, Sony Fights back

After what seems like little time ever since the new and improved downgrade method for the sony PSP was introduced, Sony strikes back with speed to eliminate illegal gaming methods.
 

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