Standard & Poor's Lowers Its Outlook on US to 'Negative'

Hosted by

The ratings agency Standard and Poor's is taking a new look at what has been the world's most secure economy. Nearly $14.3 trillion in debt has led to what's called a "negative" outlook on the United States. This morning, that caused a drop is stock prices and a rise on interest rates on US Treasuries. Peter Coy is Economics Editor for Bloomberg BusinessWeek.




Warren Olney