Partisanship is as bad as it gets, meaning raising the $17 trillion borrowing limit may be tougher than expected, POLITICO's Ben White says.» Read More
WASHINGTON, Oct 14- A month of combat in the U.S. Congress over government spending showed signs on Monday of giving way to a Senate deal to reopen shuttered federal agencies and prevent an economically damaging default on federal debt.
TOKYO, Oct 15- U.S. stock index futures ticked higher on Tuesday on expectations of an imminent deal that will reopen the U.S. government and avert a possible debt default, though the political squabbling in Washington kept markets on edge ahead of the Thursday deadline. Many markets in the region, including Singapore, Indonesia and India, were closed for holidays.
Discussing some opportunities in the market as the government remains shut down, with Stephanie Link of TheStreet. Link looks at the auto and aerospace sectors.
CNBC's Larry Kudlow says there is "no need" for the U.S. to default on its Treasurys.
A NBC News/WSJ poll found 53 percent of participants blame the Republicans in Congress for the government shutdown. CNBC's Larry Kudlow says there are repercussions to the Republican party that we do not know about yet.
CNBC's Kayla Tausche reports the Twitter IPO will not be delayed in spite of the government shutdown.
64 percent of participants of a CNBC survey say mothers-in-law are more favorable than Congress, reports CNBC's Jane Wells. Even 53 percent like hemorrhoids better.
CNBC's Courtney Reagan reports how the government shutdown is impacting folks in Cherry Hill.
CNBC's Jon Fortt reports from San Francisco about the impact from the government shutdown.
CNBC's Julia Boorstin reports there are some entertainment industry events on hold amid the government shutdown.
CNBC's Eamon Javers reports on some interesting events happening around the government shutdown. He focuses on Chris Cox who volunteered his time to mow the lawn at the Lincoln Memorial.
CNBC's John Harwood says all attention is focused on the Senate, where Harry Reid and Mitch McConnell both came to the Senate floor today to express their optimism that a deal would be struck.
*Senate's top Democrat and top Republican express optimism. The Senate's top Democrat and top Republican both said they hoped they could soon reach an agreement that would allow them to avert a looming default and end a partial government shutdown that has dragged on for 14 days so far.
NEW YORK, Oct 14- Global equity markets rebounded and oil pared its losses on Monday on news of a planned meeting between President Barack Obama and leaders in Congress to discuss an impasse over how to extend the U.S. debt ceiling and end a partial government shutdown.
"I'm very optimistic that we that we will reach an agreement that's reasonable in nature this week," Senate Democratic Leader Harry Reid said on the Senate floor.
*Senate leaders say deal near on budget, debt limit. *Netflix shares soar, boosting Nasdaq; Expedia plummets. Senate Majority Leader Harry Reid and Senate Republican leader Mitch McConnell, who began talks on Saturday, appeared together on the Senate floor and expressed optimism a deal could be made final within days.
NEW YORK, Oct 14- Global equity markets and oil prices rebounded on Monday on news of a planned meeting between President Barack Obama and leaders in Congress to discuss an impasse over how to extend the U.S. debt ceiling and end a partial government shutdown.
WASHINGTON, Oct 14- A meeting between President Barack Obama and congressional leaders to discuss progress toward a deal to re-open the government and raise the U.S. debt ceiling has been postponed to give the Senate more time, the White House said on Monday.
*Netflix leads tech shares higher. NEW YORK, Oct 14- U.S. stocks rose on Monday, rebounding from losses, as plans for President Barack Obama and Vice President Joe Biden to meet congressional leaders raised hopes a resolution to the fiscal impasse was closer.
WASHINGTON, Oct 14- President Barack Obama said lawmakers appear to have made progress on a deal to reopen the government and avert a looming default on Monday as he prepared to meet congressional leaders with a Thursday deadline drawing near.