Jill Schlesinger, editor-at-large at CBS/MoneyWatch, says people are reacting differently to this week's debt talks, and looks ahead to what could happen should politicians fail to settle the debates.
The Italian parliament is set to approve a slew of budget cuts totaling tens of billions of dollars today, just as lenders started panicking about a possible debt crisis. Economist John Wyse explains.
Diane Swonk, chief economist with Mesirow Financial, explains today's news that JPMorgan Chase reported a 13 percent rise in profit last quarter, and explains the chances of a credit downgrade from Moody's.
The era of big government isn't over — most everyone in the United States is affected by and dependent upon government spending. Expect to feel an impact in the decision over the deficit and debt ceiling.
Richard DeKaser, economist with the Parthenon Group, explains what he expects from Federal Reserve Chairman Ben Bernanke's testimony today on Capitol Hill, and what we can expect from the Federal Reserve.
Republican Congresswoman Shelley Moore Capito of West Virginia explains her take on the U.S. budget talks, how the Tea Party is influencing discussions and what her constituents want most from a budget deal.