"The whole world is watching this hearing, it is the first hearing on this issue. The whole point of a society is to create and run a government to ma...
The U.S. government has never defaulted on its legal obligations. We should make sure that this never happens. That means being careful about the national debt, but it also means not being stupid about a debt ceiling that can simply be raised or removed in order to avoid certain default.
Because someone has to lose every election, the end of every election year brings a cascade of regret and recriminations upon the losers. And because ...
Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...
* Two-day retreat meant to unify Republican rank-and-file * Party looking to rebound from "fiscal cliff" debacle By Kim ...
Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...
Congressional Republicans may have leverage in the debt-ceiling debate, but it's an asset that is quickly turning toxic.
LONDON -- The United States could lose its top credit rating for the second time from a leading agency if there's a delay in raising the country's deb...
Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...
(Corrects quote in third paragraph to say "to raise the debt ceiling" instead of "to avoid the debt ceiling") ANN ARBOR, Mich., Jan 14...
WASHINGTON — President Barack Obama had a clear political edge in his fight with Republicans over the fiscal cliff, and used it to his advantage...
Paul Krugman is arguing for a rather outlandish solution to solving the debt-ceiling crisis: Minting a $1 trillion coin. The idea, which gained (a...
The Sunday morning political talk shows from this past weekend had two big pieces of obvious chat-show schtick to choose from: the first being the pag...
One of the things that I hope to successfully convey as Congress proceeds from the pooch punt that averted that "fiscal cliff" (that Congress created ...
WASHINGTON -- Democrats should be willing to go over the so-called fiscal cliff if that is what it takes to get a good deal on taxes and spending, lea...
WASHINGTON (AP) — The rating agency Standard & Poor's stunned the world a year ago by stripping the U.S. government of its prized AAA bond ratin...
The 2011 argument about the debt ceiling cost the U.S. government about $1.3 billion in extra borrowing costs, according to a new study. And that's just the costs that they bothered to count.
WASHINGTON, May 17 (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Thursday that raising the debt ceiling did not have to be a crisis, ...
With the U.S. suffering from the effects of a long and painful recession, the economy is the number one issue for women and men alike going into the 2012 elections. But women arguably have a bigger stake.
Characters from multiple continents and various walks of life rocked the business world this year. The Occupy movement forced income inequality to ...
A growing number of lawmakers do not think another downgrade of the country's AAA rating will harm America's economy, raising questions about how ...
NEW YORK (Edward Krudy) - Stocks ended their worst quarter since the depths of the 2008 credit crisis, crippled by Europe's debt debacle, a U.S. c...
NEW YORK — Economists aren't necessarily the first in line at cable news networks when someone is needed to talk about economic issues. The wat...
As dark as the political picture is for President Barack Obama right now, Republicans aren't exactly basking in a healthy glow either, suggesting that...
Federal agency and department leaders should plan for a 5 percent reduction in discretionary spending in fiscal year 2013, and prepare for more cuts -...
