Op-ed: The impact of default on America's superpower status would be like a nuclear bomb, said former ambassador Andras Simonyi. » Read More
Congress plunged the government into a partial shutdown as a long-running dispute over President Obama's health care law stalled a funding bill.
The U.S. looks like the “Land of Oz run by the Munchkins” after the shutdown which started Monday midnight, Citi’s global chief economist Willem Buiter said.
Stock market traders and investors don't believe the upcoming fight over the debt ceiling will result in a U.S. default, value investor Bill Miller told CNBC.
A new study finds historic slippage in the trust many hold in their elected leaders to fix the nation's biggest problems. NBCNews.com reports.
The government shutdown will have an immediate impact on workers at the Pentagon. But for the defense contractors? No big deal right now.
Here's the heated debate on CNBC about the government shutdown and Obamacare by Rep. Debbie Wasserman Schultz, D-Fla., and Rep. Mick Mulvaney, R-S.C.
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.