Although we're unlikely to face a worst-case scenario on the debt ceiling debate, it's important for investors to understand the potential consequences.
Even if Congress can expediently pass Monday's compromise on tax rates, big hurdles on entitlements, the debt ceiling, and possible further tax-code revisions await, says Morningstar markets editor Jeremy Glaser.
Cliffs plus ceilings, the Fed plus tightening, and Google plus regulators are just some of the pairings that caught investors' interest this week.
Investors should prepare to ride through a rough patch as the impending 2013 debt ceiling becomes a bargaining chip in Washington's deficit debate.
The U.S. House voted to temporarily suspend the nation's borrowing limit, removing the debt ceiling for now as a tool for seeking deeper spending cuts.
The Republican-led U.S. House plans a vote today to temporarily suspend the nation's borrowing limit, removing the debt ceiling for now as a tool for seeking deeper spending cuts.
House Republicans plan to vote Jan. 23 on a three-month extension of U.S. borrowing authority in an effort to force the Democratic-led Senate to adopt a budget plan.
Raising the debt ceiling is neither inherently good nor bad, but in a slow-growth economy, can we continue to service our growing debt?
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