Katie Holliday is a Writer with CNBC.com, covering a range of topics including global macro-economic news, market developments and corporate news. Before joining CNBC, Katie was a senior asset management correspondent at Investment Week in London. Katie holds a Bachelor's degree in English Literature from Southampton University.
While the U.S. government shutdown and impending debt-ceiling debate has investors transfixed, they need to keep an eye on developments in Japan.
More western retirees are deciding to spend their golden years in Asia, citing a slower, easier pace of life and cheaper cost of living than their home countries.
If the political stalemate impedes an agreement on the debt ceiling, the U.S. could slip back into recession, a former Treasury official said.
The trade deficit between the world's two largest economies cost the U.S. $37 billion in lost wages in 2011 and could get worse, a study shows.
The Trans-Pacific Partnership deal is one month away from completion, CEO and President of the U.S. Chamber of Commerce told CNBC on Tuesday.