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An Adams County woman is fighting for her life after authorities say she was attacked in a bar.More >> An Adams County woman is fighting for her life after authorities say she was attacked in a bar.More >> A historic Milwaukee bowling alley and bar almost went without the appropriate support after a city inspector decided dozens of bras hanging from its ceiling were a fire hazard.More >> A historic Milwaukee bowling alley and bar almost went without the appropriate support after a city inspector decided dozens of bras hanging from its ceiling were a fire hazard.More >> A Medford High School student is about to accomplish something few ever will. He's never missed a day of school, and now he's just a few days away from graduation.More >> A Medford High School student is about to accomplish something few ever will. He's never missed a day of school, and now he's just a few days away from graduation.More >> The Adams County Sheriff's Department say a woman is still in the hospital after a bar fight Wednesday night.More >> The Adams County Sheriff's Department say a woman is still in the hospital after a bar fight Wednesday night.More >> Hundreds of people went the extra mile for a central Wisconsin baby battling cancer.More >> Hundreds of people went the extra mile for a central Wisconsin baby battling cancer. More >> Dozens of motorcycle riders hit the pavement for a good cause -- even as wet weather put a damper on a yearly tradition. More >> Dozens of motorcycle riders hit the pavement for a good cause -- even as wet weather put a damper on a yearly tradition. More >> Beer is a huge industry in the badger state. Experts say that beverage has an economic impact of more than eight billion dollars a year and many breweries are thriving in central Wisconsin.More >> Beer is a huge industry in the badger state. Experts say that beverage has an economic impact of more than eight billion dollars a year and many breweries are thriving in central Wisconsin.More >> A Marine has been reunited with the dog he served with in Afghanistan during a surprise ceremony at the Iowa Capitol.More >> A Marine has been reunited with the dog he served with in Afghanistan during a surprise ceremony at the Iowa Capitol.More >> Radar Alert
Turning fairly nice later this week.More >> Cooler Friday with showers possible. Showers possible early Saturday then drier Saturday afternoon into Sunday. It will turn warmer and more humid also.More >> Two commuter trains serving New York City collided in Connecticut during Friday's evening rush hour, sending 60 people to the hospital, including five with critical injuries, Gov. Dannel Malloy said.More >> Two commuter trains serving New York City collided in Connecticut during Friday's evening rush hour, sending 60 people to the hospital, including five with critical injuries, Gov. Dannel Malloy said.More >>
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A U.S. Marine was reunited with his war service dog.More >> Hundreds of people went the extra mile for a central Wisconsin baby battling cancer.More >> Dozens of motorcycle riders hit the pavement for a good cause -- even as wet weather put a damper on a yearly tradition.More >> A woman in Marinette County rescued her husband from a bear attack.More >> Wisconsin native Dick Trickle, 71, has died.More >>
NEW YORK (AP) -
Moody's Investors Service has lowered the ratings of some of the world's largest banks, including Bank of America, JPMorgan Chase, Citigroup and Goldman Sachs.
The ratings agency said late Thursday that the banks were downgraded because their long-term prospects for profitability and growth are shrinking.
The ratings agency said it was especially concerned about banks with significant capital market activities during a time of increased volatility in markets.
A downgrade usually means that it becomes more costly for banks to raise money by selling debt. Investors demand higher interest for riskier debt, which is what the downgrades represent.
Moody's had said in February that it was considering downgrading the credit ratings of major banks.
