U.S. military involvement in Iraq will continue as the threat from ISIS is more dangerous than that from al-Qaeda, said Defense Secretary Chuck Hagel. NBCNews reports.» Read More
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.
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.
Last night, I spoke with David Beers, head of S&P's sovereign debt rating committee on CNBC’s Kudlow Report. He made it very clear: the U.S. must take steps to lower its debt/GDP trend over the long run.
Debt woes hit the dollar - again - and Asian currencies lift off. Time for your daily FX Fix.
Analysts at Barclays Capital expect the United States to lose its AAA credit rating as a compromise plan is passed by Congress that leads S&P to cut its rating on US debt.
As the high risk-game of chicken over raising the US debt ceiling draws closer to possible economic collision, one economist is warning that any deal that wins approval from the right-wing Tea Party movement will pass neither the Senate nor the president.
As the debate over raising the debt ceiling in the United States lurches onward, one analyst tells CNBC that if America wants to keep taxing its people like it's the 1950’s, it will need to significantly cut back on spending.
I know I’m supposed to be all freaked out about the nation reaching its debt limit and our credit being downgraded and we’ll stop paying some bills. But I live in California. This is normal. Daily panic and doomsday scenarios over government finances started here. Political gridlock, kicking the can down the road…that’s how we roll.
Martin Feldstein, Council of Economic Advisors former chairman, weighs in on the debate over raising the debt ceiling and what it means to the U.S. economy.
That August 2 deadline just keeps approaching, and Washington seems no closer to a debt deal. Here's how to trade the impasse.