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Mitt Romney discloses net worth

News DeskAugust 12, 2011 20:53

S&P downgrades U.S. credit rating

News DeskAugust 5, 2011 21:47Updated August 6, 2011 10:25
Until Friday, the U.S. had never fallen below AAA, the S&P’s top credit ranking, since the agency first issued the rating in 1941.

Obama signs compromise debt-ceiling bill into law, ending "long and contentious debate" (VIDEO)

News DeskAugust 2, 2011 11:56
The legislation gives Obama the authority to raise to raise the $14.3 trillion debt ceiling by at least $2.1 trillion spread over 10 years in exchange for budget cuts. 

U.S. Congress prepares to vote on debt deal

News DeskAugust 1, 2011 11:21Updated August 1, 2011 14:29
The United States is staring down a Tuesday deadline to raise its debt ceiling or risk the first full-scale default in its history.

Global markets rally on news of U.S. debt deal

News DeskAugust 1, 2011 10:25
European and Asian financial markets rallied early Monday, setting a tone for a stronger opening on Wall Street.

Asian stocks rise on news of US debt deal

News DeskJuly 31, 2011 23:39

Agreement is reached to end U.S. debt crisis, Obama says

News DeskJuly 31, 2011 21:45
Obama said the agreement would result in the lowest level of domestic spending since the Eisenhower administration.

U.S. Senate swiftly kills Boehner's debt-ceiling bill after House passes it in 218-210 vote (UPDATES)

News DeskJuly 29, 2011 16:56
“It’s hard to imagine the Senate Republicans would actually filibuster the nation into default,” said Senator Charles E. Schumer of New York.
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