Standard & Poor’s Downgrades France, 8 Other Countries

Ratings agency Standard & Poor's on Friday announced the downgrade status of seven countries including France, Austria, Italy and Spain. With France and Austria losing their triple-A status' analysts worry that the country will have a hard time ... continue

Supercommittee Fails to Cut $1.2 Trillion Deficit

Congress' supercommittee has failed in its bid to cut a government debt that stands at an eye-watering $15 trillion. With deep-running political divisions over spending and taxation, Republicans and Democrats failed to reach an agreement to cut $1.2 ... continue

U.S. Credit Rating Could Be Downgraded Again Soon [We're All Doomed]

The U.S.’s credit rating will be downgraded again before 2011 is out, Bank of America Merrill Lynch economists have predicted. Back in the first week of August, America's 'AAA' rating was cut to an 'AA+,' by credit agency ... continue

U.S. ‘AAA’ credit rated downgraded by S&P, let the disaster scenarios begin.

You would have had to been living with your head buried deep in the sand over the last month not to have heard about the "debt ceiling" crisis facing the United States that was only averted at the last ... continue

Florida community wants to evict 6-year-old

No really, Kimberly Broffman, get off of their lawns. Kimberly, a 6-year-old in the custody of her grandparents, is facing eviction by local law enforcement because her grandparents live in a retirement community. The child has lived in ... continue

Funny Pic: The Financial Crisis Piggy Bank

  Times are tough, banks are failing, auto manufacturers are going under, people are out of work, houses are being foreclosed on.  In a sure sign that times of tough, a new piggy bank has hit the market. ... continue

Basic tips on surviving a global financial meltdown

News broke hours ago that Chinese banks have been forbidden from lending money to US banks. Although it may seem insignificant, the US cash deficit has averaged over $2 billion a day for several years, and the ... continue

Better BillShrink, an easy idea for a startup

New financial management site BillShrink has launched, promising to help users find better ways of managing their credit cards, backed with $1 million from Bessemer Venture Partners. While the aesthetics are pleasing, Leslie Poston at Mashable isn't hot ... continue