US budget standoff

Obama, top Republicans agree to continue talks on shutdown

There are just six days remaining before the October 17 deadline, when the Treasury could run out of money and begin defaulting on US obligations for the first time in history.

Oct 12, 2013, 15:38 PM IST

Optimism but no deal in US fiscal showdown

The White House and Republicans painstakingly edged towards a deal Friday to stave off a disastrous US debt default and to end a partial government shutdown now sure to hit the two-week mark.

Oct 12, 2013, 08:57 AM IST

Obama to hold personal meeting with lawmakers on shutdown

The White House had invited the full Republican caucus to participate in a meeting with the president, but the Speaker opted to send a smaller delegation.

Oct 10, 2013, 14:04 PM IST

Asian shares, dollar, oil dip as US shutdown drags on

Asian shares, oil prices and the dollar came under pressure on Monday as politicians in Washington showed no signs of making progress to resolve the U.S. budget standoff, while safe-haven gold inched higher.

Oct 07, 2013, 08:58 AM IST

Global stocks fall for week as shutdown continues

Major stock markets rose on Friday but posted a second week of losses while the dollar hovered near an eight-month low on fears the budget standoff in Washington will drag on until politicians reach a deal to raise the US debt ceiling.

Oct 05, 2013, 10:15 AM IST