John Kerry landed in Baghdad on Monday to press the Prime Minister to form a more inclusive government in response to a Sunni insurgency.» Read More
House Speaker John Boehner says he is willing to negotiate budget issues with President Barack Obama without any conditions.
Gold settled higher as a lack of progress among lawmakers to resolve a govt shutdown and raise the debt ceiling bolstered bullion's safe-haven appeal.
The White House signaled it would accept even a brief extension in borrowing authority to prevent an unprecedented default.
The biggest news this week revolves around the debt ceiling, deficits and defaults.
President Barack Obama says he doesn't expect Congress to breach the deadline to increase the nation's borrowing limit.
If the US were to default, retailers would "see it immediately because the consumer stops spending that day," Macy's CEO Terry Lundgren said.
If Congress fails to raise the debt ceiling, the Treasury Secretary will have to figure out how to make due with a third less in government funds.
The stalemate over U.S. budget talks has foiled U.S. President Barack Obama's plans to travel to Asia this weekend.
Speaker Boehner's spokesperson reacted to a NYT article by saying 'Speaker Boehner has always said that the United States will not default on its debt.'
European leaders have garnered thinly veiled—and sometimes overt—criticism from across the Atlantic for how they've navigated their domestic crises.
Forget the shutdown, Wharton School professor Jeremy Siegel said Tuesday, because markets are more concerned about the debt ceiling.
"The idea of putting the American people's hard-earned progress at risk is the height of irresponsibility and doesn't have to happen," Obama said.
Obama said allowing a shutdown would be the "height of irresponsibility" and that Congress can't shut down his health-care law.
Disputes with the Republican-run House and among GOP lawmakers themselves ensure that the battle will spill into the weekend, and quite possibly beyond.
Dennis Gartman told CNBC.com that he's the most positive he's been on stocks in months.
Low rates helped spur a feeding frenzy of corporate borrowing in September, driving debt offerings to an all-time high.
Gold settled under $1,325 on Thursday, as the dollar held firm after weekly jobless claims data showed an improving U.S. labor market.
A solid majority of Americans oppose defunding the new health care law if it means shutting down the government and defaulting on debt.
President Obama called House Speaker John Boehner Friday night, saying that he won't negotiate on the debt limit.
A new case before the Supreme Court seeks to raise limits on political donations.
The Fed issued a cease-and-desist order and a $975,000 fine to Banco Espirito Santo for a violation in 2012.
By 2025, 1.8 billion people will live in regions with water scarcity. The international community needs to act now, says Mikhail Gorbachev.
CNBC's Rick Santelli discusses the latest action in the bond market, and with the U.S. dollar.
An emerging deal in Congress involves quicker deportations of minors streaming to the border from Central America.
Months into Colorado's legal marijuana experiment, the state is getting a handle on the market's size. It's pretty big.
Some U.S. states have cut taxes to lure businesses and create jobs, but the growth hasn't materialized. The Fiscal Times reports.