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Higher interest rates hit businesses in multiple ways. The longer rates remain elevated, the harder it gets.

When the economy starts looking scary, bank executives have to make a judgment call about their outstanding loans.

If Congress fails to raise or suspend the debt limit, it won’t cause a government shutdown. But it could mean a failure to pay Social Security benefits and federal salaries. 

Did we not learned anything in 2008?

It's been a long road from financial ruin to Tuesday's visit from Obama.

Make no mistake, if the U.S. government defaults on its debt obligations, it will be a catastrophe. But the media has been misusing the term.