Boehner's control of his caucus slipping

/ Oct 16, 2013

Boehner's control of his caucus slipping

Republican House Speaker John Boehner started Tuesday with a last-ditch attempt to exert control over his restive caucus, proposing a new plan to open the government and raise the U.S. debt ceiling in an effort to give Republicans a bit of leverage.But as evening ...

/ Oct 16, 2013

Dollar static ahead of fiscal deadline

The dollar moved narrowly in Tokyo trading Wednesday as traders retreated to the sidelines ahead of a Thursday deadline to avert a U.S. government default.At 5 p.m., the dollar stood at ¥98.37-38, little changed from ¥98.40-41 at the same time Tuesday. The euro was ...

Threat of U.S. default starts to spook bourses

Oct 9, 2013

Threat of U.S. default starts to spook bourses

Concern deepened in financial markets Tuesday about the potential for a U.S. default as President Barack Obama and Republican House Speaker John Boehner clashed publicly without breaking the impasse over how to reopen the government and pay the nation’s bills.Short-term borrowing by the Treasury ...

/ Oct 8, 2013

U.S. warily watches repeat of Clinton-era shutdown fiasco

The U.S. government shut down on Tuesday last week in a replay of brinkmanship between Republican and Democratic forces last seen in 1995 and 1996.After Republicans won a majority in the House of Representatives in 1994, hardliners picked a fight with then President Bill ...