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Standard & Poor's cut its credit rating on Puerto Rico, dropping the U.S. territory's debt to junk-bond status.
Several developments related to the Affordable Care Act will be hitting many filers this tax season, but they also need to watch issues that could affect them next year.
Friday's debt ceiling resumption will not affect the "Aaa" credit rating of U.S. government debt, Moody's Investors Service said on Wednesday.
The Federal Reserve's Charles Plosser warned of looming communications problems if the central bank keeps buying assets.
A marijuana arrest in the nation's capital may soon be a violation comparable to a parking ticket.
Congress is poised to send a massive, five-year farm bill that provides food for the needy and subsidies for the nation's farmers to the White House.
The US Senate gave final congressional approval to a nearly $1 trillion farm bill that trims food stamps for the poor.
Obama's signature health-care law will keep a historically high number of people out of the labor force, holding down revenue gains, the Congressional Budget Office says.
Detroit's bankruptcy is rapidly shaping up as a battle of Wall Street vs. Main Street, at least as far as the city's creditors are concerned.
Fed Chair Janet Yellen's real challenges start next week, as she faces Republican scrutiny about the Fed, Politico's Ben White says.
Obama administration warned it could start defaulting on government's obligations "very soon" after it runs out of room to borrow under a legal cap.
The "extraordinary measures" the Treasury uses to avoid the debt ceiling won't last as long as in previous debt ceiling crises, Jack Lew said.
Where you live makes a difference in how much money you need to fork over to your state, the Fiscal Times reports.
Federal Reserve chief Janet Yellen has instructed staff to refer to her as "chair" rather than "chairwoman," The Washington Post reports.
The level of U.S. debt finance payments could more than double if interest rates returned to more normal levels, anti-debt crusader Erskine Bowles warns.
President Barack Obama defended his record in an interview with Fox News, from health care to his handling of the Benghazi attack.
HealthCare.gov is not yet equipped to handle appeals seeking to correct errors the system, the Washington Post reported.
President Barack Obama met with the business executives to address how to get long-term unemployed Americans back to work. Experience may not help.
Though GOP leadership has indicated it plans to stop fighting over the debt ceiling, that may not really be the end of it.
The proposed Keystone XL oil pipeline from Canada has cleared a significant hurdle after the State Department raised no major environmental objections to its construction.
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