Government Agencies


  • *Gold near 1-1/ 2- week peak after best week since Aug. LONDON, Oct 21- Global shares hovered at five-year highs on Monday while the dollar edged up against the yen as investors looked ahead to a deluge of U.S. data for clues on when the Federal Reserve will begin scaling back its stimulus.

  • *Dollar index struggles near 8- month low. *Tuesday's U.S. payrolls data in focus. LONDON, Oct 21- The dollar rose against the yen and the Swiss franc on Monday as some investors positioned for a strong U.S. jobs data reading on Tuesday, which could revive the debate on when the Federal Reserve will scale back monetary stimulus.

  • *Australian shares gain 0.6 pct, hit 5- year highs. TOKYO, Oct 21- Australian shares climbed to a five-year peak on Monday, drawing confidence from another record high on Wall Street as investors bet the Federal Reserve will put off winding back its cheap money policies until next year.

  • *Dollar index near 8- month low. TOKYO/ SINGAPORE, Oct 21- The dollar was mired near an 8- month low against a basket of currencies on Monday on growing expectations the U.S. The U.S. economy is losing steam and cannot withstand tapering, "said Daisuke Uno, chief strategist at Sumitomo Mitsui Bank.

  • Default fallout would be like a 'nuclear bomb' Wednesday, 16 Oct 2013 | 1:46 PM ET

    Op-ed: The impact of default on America's superpower status would be like a nuclear bomb, said former ambassador Andras Simonyi.

  • Furloughed? Send creditors a note from Uncle Sam Wednesday, 16 Oct 2013 | 12:26 PM ET
    Protesters from the American Federation of Government Employees near the U.S. Capitol last week.

    Furloughed federal workers who have trouble paying bills can send their creditors a letter from the government pleading for patience.

  • Debt ceiling talks in disarray as House balks Wednesday, 16 Oct 2013 | 7:19 AM ET
    John Boehner

    A House effort to end the shutdown and extend the Treasury's borrowing authority collapsed as a major credit agency warned the U.S. is on the verge of a downgrade.

  • House vote on GOP plan delayed as deadline nears Tuesday, 15 Oct 2013 | 7:14 PM ET
    House Speaker John Boehner (R-OH) (C) speaks to the media while flanked by House Majority Leader Eric Cantor (R-VA) (R) and U.S. Rep. Kevin McCarthy (R-CA) folowing a House Republican caucus meeting at the U.S. Capitol.

    Hours after announcing the House would hold an evening vote on a GOP-crafted measure the vote was delayed, kicking the debate back to the Senate.

  • How will the shutdown finally end? Let's talk 1995 Tuesday, 15 Oct 2013 | 1:16 PM ET
    Newt Gingrich and Bill Clinton in 1995

    There have been many government shutdowns but the one in 1995 was the big one, the superstorm of shutdowns. Here's how it finally ended, Daniel Yergin writes.

  • Tax extension deadline: No escape despite shutdown Tuesday, 15 Oct 2013 | 9:40 AM ET

    The government shutdown won't stop the IRS when it comes to taxes—at least for those who filed six month extensions.

  • Three ways a debt default could affect you Monday, 14 Oct 2013 | 11:06 AM ET
    A protester has his mouth covered with a dollar bill during a demonstration in front of the US Capitol in Washington, DC, October 3, 2013, urging congress to end the federal government shutdown.

    Financial experts provide insight into three areas where people would feel the pinch if the nation defaults, and how people can prepare for the worst.

  • President Obama and House Republicans did not agree on an extension of the nation’s borrowing authority, but both sides agreed to keep talking.

  • American mood worst since financial crisis: Poll Thursday, 10 Oct 2013 | 6:28 PM ET
    Furloughed federal workers protest outside the Capitol on Oct. 4

    The ongoing stalemate over the federal government shutdown and the prospect of debt default has damaged public confidence in the country.

  • Pres. Obama nominates Janet Yellen to lead Fed Wednesday, 9 Oct 2013 | 3:16 PM ET
    President Barack Obama stands with Janet Yellen where he announced he is nominating Yellen to be chair of the Federal Reserve, replacing Ben Bernanke.

    President Barack Obama nominated Federal Reserve Vice Chair Janet Yellen to replace Ben Bernanke as the chairman of the U.S. central bank.

  • Some in GOP say: Default? So what? Wednesday, 9 Oct 2013 | 6:18 AM ET
    Sen. Rand Paul, R-Ky.

    Leaders are counting on an economic meltdown to pull Republicans into line, but a broad section of the party says a default poses little threat.

  • Shutdown and default: Four factors put us here Tuesday, 8 Oct 2013 | 2:18 PM ET
    House Speaker John Boehner

    Four structural factors helped push the U.S. into this government shutdown, and now facing potential default.

  • The more Wall Street is convinced that Washington will act rationally and raise the debt ceiling, the less pressure there will be on lawmakers.

  • Shutdown could lead to government brain drain Monday, 7 Oct 2013 | 10:15 AM ET
    Protesters display placards during a demonstration in front of the US Capitol in Washington, DC.

    Advocates and experts worry that the shutdown will make the already difficult task of luring talented employees to government jobs even tougher.

  • Boehner takes a hard line in call for concessions Monday, 7 Oct 2013 | 6:41 AM ET
    House Speaker John Boehner.

    John A. Boehner said the House would not vote to reopen the government without compromises on the health law.

  • Hug a government worker day Sunday, 6 Oct 2013 | 11:33 AM ET

    Let's show our appreciation by urging Congress to put those dedicated public servants back to work and let them continue to improve our nation.

Most Popular Video

Friday, 18 Apr 2014 | 11:00 AM ET

Are economic growth expectations too high? CNBC's Jeff Cox explains.

Friday, 18 Apr 2014 | 12:00 PM ET

CNBC's Stephanie Landsman discusses how the luxury rental boom isn't confined to New York City and its boroughs, but that developers are seeing new opportunities in New Jersey.

Thursday, 17 Apr 2014 | 12:00 PM ET

CNBC's Josh Lipton and Allison+Partners Head of Digital Jeremy Rosenberg discuss what Microsoft needs to do to boost Xbox One sales as PS4 sales break the 7 million mark.