S&P Lowers N.Y. State Thruway's Bond Rating Over Tappan Zee Toll ConcernsStandard & Poor’s Ratings Service has downgraded the credit rating for the New York State Thruway Authority, over concerns about toll increases after the new Tappan Zee Bridge is complete.
President Obama: Washington 'Must Do Better' In Addressing Debt Administration officials privately called S&P's analysis flawed. But Obama himself refrained from comment as he spent the weekend at Camp David.
Markets Drop After Debt Ceiling AgreementOn Wall Street, all three major indices dropped more than 2 percent Tuesday following news that consumers cut their spending in June.
Home Prices Falling Faster In Biggest US CitiesThe Standard & Poor's/Case-Shiller 20-city home price index released Tuesday fell 1.3 percent in October from September.
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