Op-ed: The impact of default on America's superpower status would be like a nuclear bomb, said former ambassador Andras Simonyi.
Obama signed a last-minute deal early Thursday to avert a damaging debt default and to reopen the government.
Global markets cheered as the US appears to have dodged potential economic catastrophe but what happens now? Pimco's Mohamed El-Erian weighs in.
Pimco founder Bill Gross warned Treasury investors that this type of gridlock is likely here to stay.