Op-ed: The impact of default on America's superpower status would be like a nuclear bomb, said former ambassador Andras Simonyi. » Read More
The government shutdown has crippled the economy of an Arizona town near the Grand Canyon, where most residents rely on tourism.
U.S. Commerce Secretary Penny Pritzker has told CNBC that the ongoing government shutdown is hitting business confidence, but insisted that the situation would be short lived.
Maine was ranked as the 5th most state to be impacted by the government shutdown by WalletHub. CNBC's Mary Thompson reports Gov. Paul LePage declared a civil emergency to minimize the financial impact from the government shutdown.
With President Barack Obama and House Republicans deadlocked over the federal budget, Sen. Charles Schumer, (D-NY), argues why he thinks the president doesn't have to negotiate.
A personal finance portal, WalletHub, has released an intriguing study that ranks the states most and least likely to be hit by the shutdown.
If the shutdown in Washington runs on for a month, the effects on the U.S. economy and global markets will be substantial, the IMF has said.
Republicans are weighing legislation requiring the creation of a new negotiating panel to find deficit-reductions to reopen the government.
Janet Yellen—the Federal Reserve's No. 2—should be easily confirmed as the new chair, two former Fed economists told CNBC on Wednesday.
As the shutdown remains top of mind for many, the buzz is inspiring Halloween merchandise selection and the hunt for a clever costume.
The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, the less pressure there will be on lawmakers.
Goldman Sachs has a new report forecasting the potential impact to the market if the debt ceiling isn't raised. CNBC's Eamon Javers has the details.
Starbucks CEO urged business leaders to ratchet up the pressure on political leaders to end the U.S. government shutdown.
House Speaker John Boehner says he is willing to negotiate budget issues with President Barack Obama without any conditions.
A year after Hurricane Sandy canceled the NYC marathon, the nation's biggest race again finds itself in the path of another storm, this one political.
For politicians, the most important shutdown deadline is Oct. 17. Meanwhile, federal employees are focused on Friday, Oct. 11: payday.
Wall Street needs to be genuinely worried about what is going on in Washington, President Barack Obama told CNBC.
CNBC's John Harwood reports on the continuing standoff in Washington as both sides of the aisle dig in their heels over the debt ceiling.
From Alcatraz to Hollywood, blood drives and daycare, the US government shutdown is having a serious ripple effect.
Political leaders must sit down and negotiate a resolution to the shutdown, according to the House speaker.
A 19th-century law could get administration officials fired, or even imprisoned if they make the wrong the choices while the government is shut down.