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.
Yum Brands, parent company of KFC, reported quarterly earnings and revenue that missed analysts' expectations on Tuesday.
A Public Policy Polling survey finds that 85% of Americans like Congress less than hemorrhoids, witches and the DMV, but still more than Miley Cyrus.
“We can’t make extortion routine as a part of our democracy – democracy doesn't function this way,” said President Barack Obama as the partial shutdown dragged on for an eighth day.
Having millions more insured could be a game changer for hospitals, especially those with large emergency departments.
Four structural factors helped push the U.S. into this government shutdown, and now facing potential default.
"We're in danger, in my opinion, of overreacting," Paul Richards of UBS says.
Republicans are weighing legislation requiring the creation of a new negotiating panel to find deficit-reductions to reopen the government.
While there are more high-profile women running top tech companies than a few years ago, women are still woefully underrepresented in the upper ranks.
Young people shunning the suburbs in favor of city life are leading the charge in the "reurbanization of America," real estate mogul Sam Zell says.
Demand for dollar cash outside the US surged with market participants paying higher premiums for dollars to tide them over a mid-October deadline.
"The conditions for a loss of confidence are here right now," said the hedge fund manager who runs $22 billion Elliott Management.
For politicians, the most important shutdown deadline is Oct. 17. Meanwhile, federal employees are focused on Friday, Oct. 11: payday.
It's unfair for the media to depict the tea party like "some kind of disease," billionaire entrepreneur Sam Zell told CNBC on Tuesday.
Google has partnered again with Hewlett-Packard to build a new Chromebook computer that costs $279 and is now available.
The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, the less pressure there will be on lawmakers.
House Speaker John Boehner says he is willing to negotiate budget issues with President Barack Obama without any conditions.
Shares of JC Penney jumped after the struggling retailer said it's making "solid progress" in its turnaround and is seeing improving sales trends.
Yields on one-month Treasury bills head higher, a sign that investors are nervous about the U.S. government defaulting on its debt obligations.