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Mark Zandi

S&P downgrades US credit rating to AA+

Business, Economics and Jobs

The US credit rating downgrade by S&P brought condemnation from government officials, and fears of market turmoil.

Federal action and the housing crisis

Business, Economics and Jobs

Wall Street turmoil, Main Street worries

Business, Economics and Jobs

President Bush promises to sign housing bill

Global Politics
The World

S&P downgrade roils markets, worries consumers

Business, Economics and Jobs

Moody’s Mark Zandi: ‘We Need to Raise the Debt Ceiling’

Earlier this morning, credit ratings agency Moody’s moved one step closer to downgrading the United States’ Aaa rating when it announced the country’s credit rating is under review. The move ramps up pressure on the White House and Congress to reach a deal on raising the nation’s $14.3 trillion debt limit before August 2. Mark […]

The Economic Impact of a Government Shutdown

If Washington lawmakers cannot come to an agreement on the nation’s operating budget by Friday, the government will be forced to shut down many of its non-essential functions, sending thousands of government employees home without a paycheck.     Over 800,000 federal employees were furloughed in the nation’s November 1995 shutdown, and about 284,000 workers were sent […]

The World

US world markets jittery

Business, Economics and Jobs

Stock markets around the world seemed jittery yesterday: Since a recent high in April, the Dow has dropped nearly 12 percent. What does this indicate about our economy? Is the market the end-all-be-all measurement of how our economy is doing?

The World

Obama’s economic recovery plan: open to debate

Global Politics

Barack Obama kicked off the week on Capitol Hill, pitching his economic stimulus plan. Mark Zandi, Chief Economist for Moody’s, will be among the many experts who are testifying today. He joins us now for a preview of what he will say on the Hill.