From This Collection

The many metaphors used to describe the government's failure

Oct 11, 2013
So many metaphors have been used to describe the government shutdown. Do they help at all?

A deal on the debt ceiling in sight?

Oct 11, 2013
Republicans and Democrats are using words we haven't heard in a while, like "progress," "forward," and "movement."

Markets upbeat as Washington talks

Oct 10, 2013
Investors seemed pleased that politicians in Washington were discussing a plan, and that lawmakers from both parties met with President Obama.

Markets thrilled with possible debt limit deal

Oct 10, 2013
Some House Republicans are inching toward a debt ceiling deal.

Congress mulls short-term fix to debt ceiling

Oct 10, 2013
Treasury Secretary Jack Lew is on Capitol Hill this morning trying to convince lawmakers to end the shutdown and raise the debt ceiling.

Global financial leaders worry about U.S. turmoil

Oct 10, 2013
Shutdown. Looming default. Change at the Federal Reserve. These are anxious times as global financial leaders gather in Washington.

Why China is worried about a potential U.S. default

Oct 9, 2013
If the U.S. fails to raise the debt ceiling in time, we'll default on loans from a whole bunch of lenders. Our two top foreign creditors -- China and Japan -- have both warned the U.S. government to be careful.…

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The problem with taking default out for a spin

Oct 9, 2013
A cadre of so-called "debt-limit deniers" says it’s no big deal if the U.S. fails to raise its borrowing limit.

Wall Street and the debt ceiling

Oct 8, 2013
How is Wall Street reacting to the debt ceiling debacle?

A train approaches a cliff. But what day will it go over?

Oct 8, 2013
On a day of dueling press conferences over the federal shutdown, private observers say the date we may exhaust our borrowing authority may be later than expected.