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US Congress won`t meet deadline for spending bill vote

Last Updated: Tuesday, January 14, 2014, 01:49

The US Congress was poised on Monday to extend by three days a deadline set during the country`s autumn budget crisis to avoid another government shutdown.

Obama signs budget bill into law to avert govt shutdown

Last Updated: Friday, December 27, 2013, 09:31

US President Barack Obama has signed a bipartisan federal budget bill, averting the risk of an embarrassing government shutdown for two years in the world's largest economy.

US lawmakers announce two-year budget deal

Last Updated: Wednesday, December 11, 2013, 10:52

US President Barack Obama hailed the budget deal, which if approved by the Congress, would avoid government shutdown for at least two years.

US auto sales extend gains despite government shutdown

Last Updated: Saturday, November 02, 2013, 10:24

The US auto industry extended its steady gains in October despite economic uncertainty caused by a government shutdown.

Fed expected to hold tight on stimulus after shutdown

Last Updated: Saturday, October 26, 2013, 12:15

Skewed data and the economic setback of the partial government shutdown face Federal Reserve policymakers as they review their economic stimulus program on Tuesday and Wednesday.

Shutdown cost 120,000 US jobs: White House

Last Updated: Wednesday, October 23, 2013, 18:30

The recent government shutdown and debt default crisis hit the US economy so badly that it cost the country 120,000 jobs and wiped out 0.25 percent of economic growth for the fourth quarter, the White House said.

Obamacare`s rocky debut obscured by shutdown

Last Updated: Saturday, October 19, 2013, 09:30

Technical problems have hobbled the website design to sign up millions of uninsured Americans for health care, but they have largely been overshadowed by a 16-day government shutdown.

India Inc expresses relief over end of US shutdown

Last Updated: Thursday, October 17, 2013, 22:09

The US Congress today passed a bipartisan bill to end a 16-day government shutdown and avert a historic debt default by the world's largest economy that could have had global repercussions.

US shutdown end boosts hopes for Antarctic reserve

Last Updated: Thursday, October 17, 2013, 16:29

A long-awaited deal to create the world`s largest marine sanctuary in Antarctica appears to have survived a last-second obstacle the US government shutdown and could be approved next week.

US government reopens for business after two week shutdown

Last Updated: Thursday, October 17, 2013, 15:16

The US government reopens for business Thursday after a two-week shutdown and a dangerous flirt with running out of cash to pay its bills and avert a calamitous, unprecedented default.

Obama signs bill ending US shutdown, raising debt ceiling

Last Updated: Thursday, October 17, 2013, 10:13

In all likelihood the government shutdown is now expected to end today when over five lakh furloughed federal employees are expected to return to their service.

US Congress ends debt impasse, Obama vows to sign bill

Last Updated: Thursday, October 17, 2013, 08:55

Obama vowed to sign the bill and begin reopening the government "immediately."