RALEIGH – Standard and Poor’s will pay $21.5 million to North Carolina to resolve the Attorney General’s state lawsuit claiming the company inflated ratings for risky securities and misrepresented its objectivity before the 2008 financial crisis, Attorney General Roy Cooper ...

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WASHINGTON  — Standard & Poor’s is close to a $1.37 billion settlement with the Obama administration and U.S. states over allegations it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis. The credit rating agency ...

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NEW YORK  — Standard & Poor’s agreed on Wednesday to pay the U.S. government and two states more than $77 million to settle charges tied to its ratings of mortgage-backed securities. In its first enforcement action against a major rating ...

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RALEIGH — The income gap that’s been growing for years increasingly is undermining public treasuries in North Carolina and other states, a new report by the investment rating agency Standard & Poor’s says. North Carolina is among the 10 states most reliant on income tax ...

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Life would be easier if one of the leading monthly home-price indexes -- CoreLogic, Clear Capital, S&P/Case-Shiller and the Charlotte Regional Realtor Association -- were definitively right and the rest flawed. But more complicated than that.

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Charlotte metropolitan area home prices fell 3.9 percent in July from a year ago, according to a report Tuesday from Standard & Poor’s/Case-Shiller index. But prices were up 0.1 percent in July from June, which had seen a 1.9 percent ...

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Alan Banks looks back at 2006 fondly. A principal at Evans Coghill Homes in Charlotte, Banks said the company’s business has been nearly cut in half since a peak in 2006, when it built about 25 homes. This year, ECH ...

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