Janet Yellen—the Federal Reserve's No. 2—should be easily confirmed as the new chair, two former Fed economists told CNBC on Wednesday. » Read More
The contentious wrangling highlights a greater problem for the US: the country's trillion-dollar federal deficit, writes Michael Yoshikami.
House Republicans and Senate Democrats were locked in a war of wills Monday night that threatened to shut down the U.S. government.
Here's a comprehensive look at the impact if the federal government really gets shut down.
A detailed look at how a tax on medical devices divided so many over the White House's Affordable Care Act.
Op-ed: The impact of default on America's superpower status would be like a nuclear bomb, said former ambassador Andras Simonyi.
Obama signed a last-minute deal early Thursday to avert a damaging debt default and to reopen the government.
Global markets cheered as the US appears to have dodged potential economic catastrophe but what happens now? Pimco's Mohamed El-Erian weighs in.