Government And Institutions

Washington’s 11th-hour budget deal and the 16-day government shutdown has thrown a new wrinkle into projections of when the central bank will start tapering its $85 billion-a-month bond-buying program. 

Raising the debt ceiling hurts all Americans today. We continue to hear that we are robbing from our children, and this is true.

Here’s a look at what will happen if Congress isn’t able to pass a deal to raise the country’s $16.7 trillion borrowing limit by Treasury’s estimated Oct. 17 deadline.

A failure to stave off the debt limit will have broader economic effects and likely hit at the heart of consumer and business confidence.

As the negotiations continue on Capitol Hill with the White House, here’s a look at what Congress is debating and some clarification on some common misconceptions.

URS blamed the government’s partial shutdown for having to temporarily furlough 3,000 employees.

Treasury Secretary Jack Lew said gridlock in Washington is hurting the U.S. economy, urging Congress to increase the borrowing limit to avoid default.

The Treasury Department said a U.S. debt default due to ongoing budget standoff in Congress could have a 'catastrophic' effect on the economy.

Exclusive: Treasury Secretary Jack Lew said Thursday he's out of tools to extend the U.S.' ability to pay its debts if Congress fails to raise the debt limit.

The government won't be releasing the jobs report due to the shutdown, depriving investors of a key piece of economic data.

Young people are the key to making ObamaCare work, but will they buy insurance or pay the penalty? 

As the deadline looms for a government shutdown, it's fair for Americans to ask themselves who in Washington, D.C. is representing their interests.

The agency will need to draw on Treasury funds to help cover losses from troubled loans from 2007 to 2009.

Treasury Secretary Jack Lew warned the U.S. would exhaust borrowing capacity no later than Oct. 17, at which point it would have only about $30 billion in cash on hand.

The IRS' former director of exempt organizations resigned Monday after a controversy emerged that the agency targeted tea party and conservative groups looking for tax-exempt status.

From who will still get paid to what government agencies will remain open, here's a breakdown of how a government shutdown would impact you. 

The White House said Fed Vice Chair Janet Yellen is the leading contender to replace Chairman Ben Bernanke.

It’s time to get the markets back to relying on forward guidance from companies on earnings, and not the Federal Reserve’s forward guidance on its extraordinary policies in place for five years now.

California lawmakers passed a bill to increase the state’s minimum wage to $10 an hour within the next three years. That would give the state one of the top minimum wage levels in the country.

The U.S. added just 169,000 jobs in August, a number likely to intensify and prolong the debate over when and how the Fed should scale back QE3.