Washington's march toward a self-inflicted financial calamity is setting off alarm bells in capital cities around the world.
The law that caps federal borrowing must be raised asap. Here's what happens if it's not.
There's no precedent for a willful U.S. default on its legal obligations. So predicting the fallout is dicey. But many economists and budget experts expect it to be very damaging for the economy and markets.
|Tesla driver killed in autopilot crash said the technology was 'great'|
|Mega Millions jackpot climbs to $449 million|
|Puerto Rico makes historic default on general obligation bonds|
|Stop driving these Hondas right now, says regulator June 30|
|World's largest air purifier takes on China's smog July 01|