Thursday's downgrade contained a veiled threat that pointed at politicians in Germany, the United Kingdom, France and the United States and plainly stated, Stop talking about making the banks responsible for their own follies -- or else.
Watch live coverage as Germany take on Greece at Euro 2012, plus a full preview, team news and prediction.
Forget the currency crisis: On Thursday, the Euro that counts is the soccer championship, pitting Germany versus Greece in the quarterfinals. Rarely in history have sport, politics and economics mixed so deeply.
Few large financial institutions managed to escape unscathed as Moody's repositioned the ratings of 15 banks and securities firms with global capital markets operations after the closing bell on Thursday.
U.S. stock index futures point to a higher open Friday, but investors are expected to remain watchful amid weak data across the globe following the downgrading of 15 global banks by ratings agency Moody's on Thursday.
European markets fell Friday as concerns about the economic slowdown were revived after data from the euro zone was disappointing and 15 global banks were downgraded by Moody's Investor Service.
Kobe Bryant has the No. 1 selling jersey in the world.
A full preview and prediction as Greece look to follow up their upset with Russia when they take on Germany in the quarterfinals of Euro 2012.
Iran said a massive cyberattack has been detected on its nuclear facilities and that it believes U.S., Israel and Great Britain are behind it.
Watch live coverage as Portugal take on the Czech Republic in the quarterfinals of Euro 2012, plus a full preview, team news and prediction.
Advanced readings for German flash PMI came in at 44.7 versus a consensus of 45.2 while the euro zone services came in slightly better than expected at 46.8 versus 46.4
Greek officials will present the proposed revisions at a euro zone finance ministers' meeting in Luxembourg on Thursday.
The Indian rupee continued its downward slide for the fourth consecutive day Thursday to touch an all-time low of 56.57 against the US dollar.
The millionaires in Asia outnumber their counterparts in North America for the first time while the overall financial wealth of high net worth individuals (HNWI) declined across all regions except the Middle East, according to a new study.
U.S. stock index futures point to a lower opening Thursday after the Department of Labor's initial jobless claims report, which showed that more people than expected filed for unemployment benefits, and the National Association of Realtors' report on existing home sales.
You don't have to go far from China these days to get the taste of living in Europe. There's just one problem: it's all a big fake, as these photos show
Apple (Nasdaq: AAPL), the world's most valuable technology company, has won a small victory in its battle against rival and supplier Samsung Electronics (Seoul: 005930).
The Republican congressional candidate is standing by his assertion that gun control laws directly led to the Armenian genocide and the Holocaust.
U.S. stock index futures point to a mixed opening Wednesday ahead of economists' expectations that the Fed will announce an extension of its 'Operation Twist' monetary policy designed to boost the economy.
European markets fell Wednesday as investors remained watchful ahead of the U.S. Federal Reserve's announcement of the monetary policy decision.
Luka Rocco Magnotta, the man accused of murdering and dismembering his Chinese lover and mailing body parts to the headquarters of the two major political parties in Canada, has pleaded not guilty to five charges including first degree murder.
David Hemler, who deserted the United States Air Force approximately 28 years ago, was found in Sweden, where he has been living since 1984, after he revealed his true identity to his family.