CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day for stocks, but commodities were not. Crude was down slightly, but could be ready to break out because of Ukraine. Gold closed down $27 on the day, it's worst drop for the year. And nat gas» Read More
We need a deal with the greatest amount of cuts, and we need to lift the debt limit - NOW. It looks as if our sovereign debt rating will most surely be cut by the ratings agencies. That this has been allowed to happen is a shameful, despicable black mark that should follow each legislator to his or her grave.
Worries about the debt ceiling derail the dollar, and kiwis fall after trade data disappoints - it's time for your daily FX Fix.
The phone hacking crisis causing turmoil at News Corp subsidiary News International will not extend to rival Daily Mail & General Trust, according to the company's chief executive.
An inside look at Mitt Romney's campaign trail, the details on why he thinks he can turn the economy around, and whether Republicans are really willing to reduce government in order to not raise taxes, with CNBC's John Harwood & Sen. Judd Gregg (R-NH).
One of Ronald Reagan's best-known advisors on economics told CNBC that the former President would have started negotiations much earlier than President Barack Obama has.
House Speaker John Boehner responds to President Obama's call to adopt a balanced approach to cutting the deficit and raising the debt ceiling.
The big sticking points between the House GOP leadership and Sen. Harry Reid’s latest plan are 1) the House wants two debt increases, one this year and one next year (Reid has just one increase) and 2) the House Republicans want a guaranteed balanced-budget-amendment vote.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
The increasing acceptance of Islamophobia and anti-immigration rhetoric in the mainstream of European political discourse has created a space for a resurgent and self-confident far-right that has become a credible threat to security and society.
The weekend ended with no deal on the debt ceiling. As I wrote last week, there are at least five reasons why the debt ceiling may not get raised. As we head into this week, the common wisdom remains that the debt ceiling will be raised one way or another. But will it?
It's not like the housing market needs any more headwinds, so here's the government potentially giving us another: The mortgage interest deduction is back in big play in the budget deal.
Whatever comes out of the debt ceiling talks in Washington, the U.S. is headed toward a period of austerity, BlackRock Chief Equity Analyst Robert Doll told CNBC.
Deadlocked debt-ceiling talks dent the dollar and send the Swissie soaring - it's time for your daily FX Fix.
It's safe to assume that political leaders will come to some compromise, says David Woo, Bank of America-Merrill Lynch, who feels confident the U.S. will not default.
Ireland sold a 1.1 billion euro ($1.6 billion) stake in Bank of Ireland to a group of unidentified investors on Monday to keep the country's largest bank out of state hands and provide a rare boost to a battered sector and bruised economy.
Investor's "underlying bias is that Congress - both the house and the senate -will be able to come together on a deal [on the debt ceiling] and they¿re going to keep an eye on what the ratings agencies say about that deal so it could be a little bit bumpy this week," Tony Fratto, managing director at Hamilton Place Strategies told CNBC. But he added investors were take the word of leaders here that they don¿t¿ want to risk a default.
Breaking her silence and shedding her anonymity, the hotel maid who says she was sexually assaulted by former IMF chief Dominique Strauss-Kahn says she wants him to go to jail.
White House officials and Republican leaders scrambled on Sunday to reassure global markets the United States would avert a debt default but the two sides gave no sign they were moving closer to a deal.
Precariously short of time, congressional leaders struggled in urgent, weekend-long talks to avert an unprecedented government default, desperate to show enough progress to head off a plunge in stock prices when Asian markets open ahead of the US workweek.
World markets have behaved until now as if it were inevitable that Congress would raise the debt ceiling before the Treasury Department exhausts its ability to pay all of its bills in early August. The breakdown of negotiations Friday has jolted that sense of equanimity, the New York Times reports.