CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up on the day, while nat gas was down.» Read More
CNBC's Eamon Javers, John Harwood and Steve Liesman discuss the political ramifications surrounding the debt ceiling and deficit talks.
Mad Money host Jim Cramer asks Rep. Tim Huelskamp (R-KS), a member of the Tea Party, what he should tell his viewers who stand to lose a big chunk of their investments because of the debt ceiling debate.
In the short-term prospective, I'd be very concerned, this is a big event in terms on how the markets with readjust to a fundamental change in the rules of the game. Discussing the debt debate, with Paul McCulley, former Pimco portfolio manager/managing director.
Politicians knew this crisis was coming, says Rep. Steny Hoyer, (D-MD), who says the House speakers own members have now walked out on him.
A warning on Spain dents the euro and Japanese officials want the yen lower, thank you. It's time for your Friday FX Fix.
As Republicans failed to agree a plan to raise the US debt ceiling, Dennis Gartman, author of The Gartman Letter, warned that the US stock market was a dangerous place at the moment.
"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.
If all goes according to plan, the city of Vallejo will emerge from a three-year bankruptcy.
Japanese finance officials have been talking tough about the yen's rise. Whether they will do anything now is another matter.
While you've been busy watching the U.S. debt crisis unfold, there's a nice trading opportunity shaping up down-under.
Author Adam Mansbach said what every parent was thinking, "Hey, kids: 'Go the F— to Sleep.'" Now, one TV anchor is saying what most of America has been thinking: "Hey, Congress: 'Go the F— to Sleep!'"
Leaders in Alabama's most populous county will meet later Thursday to consider filing what would be the largest municipal bankruptcy in U.S. history.
Insight on the areas of the market that are directly impacted by debt and cuts to spending, with Peter Hayes, BlackRock portfolio manager/head of municipal bonds and Ken Langone, Invemed Associates.
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.
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.
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.
With the clock ticking in Washington DC and Congress desperately trying to find an agreement on raising the debt ceiling, the greenback is heading towards levels last seen in the fall of 2008, when it reached its lowest point over the past 10 years.
The very latest on the debt debacle in Washington, with CNBC's John Harwood; Sen. Michael Bennet, (D-CO); Sen. Mike Lee, (R-UT); Rep. Peter Welch, (D-VT); and Rep. Darrell Issa, (R-CA).
Other than a short rally today, the dollar's been taking it on the chin as Washington squabbles. Here's how to trade it.
Even a debt deal may not prevent a rating cut for U.S. debt. Here's what it would mean for the dollar, and what you can do.