Debt Ceiling

U.S. Capitol - Washington, D.C. (file / credit: Mark Wilson/Getty Images)

Local Senate Democrats Confident In Reaching Budget Deal This Year

Congress has failed to pass a budget for the last several years but some senate Democrats, including Connecticut’s Richard Blumenthal, sense a change in the air.

2013/01/22

Grover Norquist (Credit: JIM WATSON/AFP/Getty Images)

Opinion: Grover Puts Himself Before Party And Country

Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.

2012/11/21

Stocks Start Week Off On High Note Following Google’s Purchase Of Motorola

Investors hoping for relief from last week’s volatility in the stock market found it Monday.

2011/08/15

Traders work on the floor of the NYSE Aug. 12 (Photo credit: STAN HONDA/AFP/Getty Images)

Dow Closes Up 125 Points Friday After Wild See-Saw Week

Even a survey showing Americans are dismayed about the economy didn’t stop the gains on Wall Street today.

2011/08/12

Traders work on the floor of the New York Stock Exchange on Monday, Aug. 8, 2011. (credit: AP Photo/Jin Lee)

What Free Fall? Dow Closes Up 423 Points Thursday

It’s understandable if people are getting dizzy watching the Dow, considering Wednesday’s shocking 519 point plunge. That was just the latest go round on the Dow’s recent wild ride as the index closed up 423 points on Thursday.

2011/08/11

Wall Street Trader (credit: AP Photo/Richard Drew)

Wall Street Woes Continue As Dow Closes Down 519 Points

It was yet another rough day on Wall Street Wednesday, a day after the Dow Jones Industrial Average posted its biggest gain since early 2009.

2011/08/10

Dow Rebounds After Fed Announcement (Photo credit: STAN HONDA/AFP/Getty Images)

Dow Closes Up 429 Points After Fed Decides To Keep Interest Rates Near 0 For 2 Years

The Dow picked up steam late in the trading day Tuesday and closed up nearly 430 points.

2011/08/09

In this Aug. 4, 2011 photo, a trader works on the floor of the New York Stock Exchange. (credit: Jin Lee/AP)

Dow Closes Down 634 Points After Downgrade Of U.S. Credit Rating

The U.S. stock market joined a sell-off around the world Monday in the first trading since Standard & Poor’s downgraded American debt.

2011/08/08

Wall Street (credit: Andrew Burton/Getty Images)

Markets Drop After Debt Ceiling Agreement

On Wall Street, all three major indices dropped more than 2 percent Tuesday following news that consumers cut their spending in June.

2011/08/03

U.S. Capitol - Washington, DC - Aug 1, 2011 (credit: Mark Wilson/Getty Images)

New York, New Jersey Leaders React To Debt Ceiling Deal

Leaders of the House and Senate say votes could come as early as this evening on the deficit-cutting plan that’s expected to avert a government default on its debts.

2011/08/01

The US flag flies at the US Capitol in W

President Obama Announces Debt Deal

Both the Republican and Democratic leaders of the Senate are throwing their weight behind a debt-limit agreement sealed with President Barack Obama and top leaders of Congress.

2011/07/31

The entrance Federal Reserve Bank of New York, located at 33 Liberty Street, is seen on July 29, 2011 in New York City. (Photo by Andrew Burton/Getty Images)

No Decisions Announced At New York Federal Reserve Meeting As Debt Ceiling Deadline Looms

Executives from the country’s biggest banks met with U.S. Treasury officials Friday to discuss how debt auctions will be handled if Congress fails to raise the borrowing limit before Tuesday’s deadline.

2011/07/30

The Federal Reserve Building is seen in Lower Manhattan in New York.(Photo credit: TIMOTHY A. CLARY/AFP/Getty Images)

Bank Executives, Treasury Department Officials Meet At Federal Reserve To Discuss Debt Ceiling

The Treasury invited 20 of the largest banks to a meeting to discuss an upcoming quarterly auction of government debt.

2011/07/29

New York Mayor Michael Bloomberg (Photo by Spencer Platt/Getty Images)

Bloomberg Says Debt Ceiling Debate Hurting Everyone; House GOP Sets Vote On Revamped Bill

The stalemated political tug of war over raising the debt ceiling has Mayor Michael Bloomberg saying it’s already hurting our reputation in the minds of investors around the world.

2011/07/28