Fed members engaged in heated debate before ultimately deciding not to ease back on their monthly bond-buying program, according to minutes.
Fidelity Investments said it no longer holds any U.S. government debt that comes due around the time the nation could hit its borrowing limit.
As the government shutdown enters its second week, a widening circle of consumers are feeling its effects.
President Barack Obama nominated Federal Reserve Vice Chair Janet Yellen to replace Ben Bernanke as the chairman of the U.S. central bank.
If the US defaults on its debt, there's nothing much you can do to hedge against it, says Kyle Bass of Hayman Capital Management.
Leaders are counting on an economic meltdown to pull Republicans into line, but a broad section of the party says a default poses little threat.
D.C. gridlock could leave a void in futures markets, where contracts move on stockpile data. And drilling leases could suffer from curtailed auctions.
As Mayor Michael Bloomberg's long reign draws to a close, some of New York's ealthiest expressed alarm at a future without the billionaire at the city's helm.
Comcast Corp announced it developed a new remote control feature in partnership with Twitter that allows users to turn the channel through a tweet.
Facing a looming federal default, the House GOP leadership will meet with President Obama at the White House on Thursday in a bid to resolve the budget deadlock.
Survivalists are in high gear amid the shutdown and in case the U.S. defaults on its debt.
Delta Air Lines has started a new program that gives their VIPs escort from one flight to another in a Porsche.
If you want to break OPEC, approve the long-delayed Keystone XL oil pipeline, T. Boone Pickens tells CNBC.
This expert warns that if the U.S. enters technical default, it will be a different scene than it was in 2011.
News that Janet Yellen will be nominated as the next Fed chief will provide temporary relief to markets.
Michael Eisner, former Disney CEO, says you can't hold a gun to someone's head and think you'll be able to negotiate. Unfortunately, the House leader lacks the moral fiber to stand up to a minority in his party, he says.
Several states disclosed that they have enrolled tens of thousands in insurance plans, but authorities have not revealed federal numbers yet.
House Speaker John Boehner's news conference came hours after President Obama made his case for ending the shutdown and raising the debt ceiling.
Experts, who a few days ago dismissed a debt default as a near-impossibility, are now coming to grips with a scenario that no longer seems far-fetched.
Despite weak aluminum prices, Alcoa reported quarterly earnings and revenue on Tuesday that exceeded estimates.