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  • Debt Deal's Prospects in House Uncertain Monday, 1 Aug 2011 | 12:53 AM ET

    The announcement by Barack Obama that a deal had been reached to increase the US debt ceiling late on Sunday night did not put to rest lingering questions about whether the agreement would overcome the most difficult remaining hurdle: passage of the legislation in the House of Representatives. The FT reports.

  • Nation Calls Capitol Mad, and It Agrees Saturday, 30 Jul 2011 | 3:18 PM ET

    If the rest of the country thinks that Washington has gone mad this summer, that is pretty much the view in this bewildered capital, too. The New York Times reports.

  • The outcome and consequences of Washington's deficit-reduction efforts are as yet unknown, but what is clear is the heavy calendar of economic reports in the week ahead will have consequences of its own.

  • Using Currencies to Protect Against Default Friday, 29 Jul 2011 | 7:13 PM ET

    The House and the Senate are ready to rumble over debt plans. Here's how to trade the uncertainty.

  • The U.S. Treasury plans to hold auctions Monday for slightly more than $50 billion in 3- and 6-month bills, officials told primary dealers in New York Friday.

  • CNBC.com Market Outlook     Friday, 29 Jul 2011 | 5:00 PM ET

    The week's top business news and investment advice, including debt bets and commodities plays.

  • EZ Money: Honk If U Want to Buy This Friday, 29 Jul 2011 | 4:26 PM ET

    In tough times, governments, just like the rest of us, start feeling between the seat cushions and rummaging around the house to see what they can sell for cash. Illinois has its eye on a new revenue stream — your license plate.

  • With the clock running out on the August 2 deadline to increase the debt ceiling, short-dated Treasury bill yields have gone up "fairly considerably over the course of the last week," Tad Rivelle, CIO for fixed income at TCW, told CNBC Friday.

  • Spain's on Notice, Yen's on a Short Leash Friday, 29 Jul 2011 | 7:29 AM ET

    A warning on Spain dents the euro and Japanese officials want the yen lower, thank you. It's time for your Friday FX Fix.

  • America's 'Fiscal Swamp' Raising Global Risks: Citi Friday, 29 Jul 2011 | 3:30 AM ET
    US President Barack Obama (C) speaks with US Speaker of the House John Boehner as Majority Leader Senator Harry Reid looks on during a meeting in the Cabinet Room at the White House in Washington, DC, on July 23, 2011.

    Navigating America’s fiscal swamp - even if investors don’t fall in - will not be pretty, according to Citi Chief Economist Willem Buiter.

  • Time to Think the Unthinkable on US Debt Friday, 29 Jul 2011 | 3:23 AM ET
    President Obama and Speaker of the House Rep. John Boehner

    "The world’s financial system could face losses equivalent to that of Lehman’s failure by August 15, and then again on the fifteenth day and the last day of every month until default is rectified,” says one chief economist.

  • A New Chapter for Vallejo Thursday, 28 Jul 2011 | 5:05 PM ET

    If all goes according to plan, the city of Vallejo will emerge from a three-year bankruptcy.

  • US Is 'Not a Triple-A Credit': David Stockman Thursday, 28 Jul 2011 | 12:54 PM ET

    The U.S. is "not a triple-A credit" and is running a "fiscal doomsday machine," David Stockman, former federal budget director under President Reagan, told CNBC Thursday.

  • Yeeeehaw! Buy This Wild West Town for $799,000 Thursday, 28 Jul 2011 | 12:54 PM ET

    There are a lot of great real estate bargains on the market right now but this one takes the cake — You can buy an entire town for $799,000.

  • NJ Governor Chris Christie Taken to Hospital Thursday, 28 Jul 2011 | 12:16 PM ET
    Chris Christie

    New Jersey Gov. Chris Christie is undergoing tests at a hospital after he had difficulty breathing.

  • Market Correlations at 'Nosebleed Levels': Analyst Thursday, 28 Jul 2011 | 6:56 AM ET
    Close-up of a pen on stock price chart

    The current political turmoil may put technical levels for stocks at risk, Philippe Gijsels, the head of research at BNP Paribas Fortis Global Markets in Brussels, told CNBC.com in an interview Thursday.

  • Health Tab to Hit $4.6 Trillion in 2020: Government Thursday, 28 Jul 2011 | 5:33 AM ET

    The nation's health care tab is on track to hit $4.6 trillion in 2020, accounting for about $1 of every $5 in the economy, government number crunchers estimate in a report out Thursday.

  • Debt Downgrade Means Losses for Commodities: Economist Thursday, 28 Jul 2011 | 4:14 AM ET

    1st paragraph of story should go here

  • If US Defaults, Stocks Fall 30%, GDP 5%: Credit Suisse Thursday, 28 Jul 2011 | 2:56 AM ET

    In the very unlikely event that the United States defaults on its debt obligations, the country's economy would contract by 5 percent and stocks would fall by nearly a third, according to Credit Suisse.

  • US Downgrade Good for Dollar? Don't Rule It Out Thursday, 28 Jul 2011 | 2:36 AM ET
    President Barack Obama

    When "the dollar is the reserve currency underpinning the system, waking up to discover that U.S. debt may not be AAA after all is surely a market event,” says an analyst at one European bank.