Debt Limit Showdown Looms as White House Braces for a Divided Washington

Debt Limit Showdown Looms as White House Braces for a Divided Washington

G.O.P. threats to leverage the full faith and credit of the United States to force spending cuts have raised alarm about a debt showdown next year — and talks about how to head one off in the coming weeks.
Could a Market Blowout Like the UK’s Happen in the US?

Could a Market Blowout Like the UK’s Happen in the US?

Federal Reserve and White House officials spent last week quizzing investors and economists about the risks of a British-style meltdown at home.