Margarita Golubenko

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Americans want to dump Congress members: It's not us, it's you

This is how much Americans dislike Congress:<p>They like Homeland Security more.<p>They like federal bureaucrats more.<p>They like the IRS more. Far, far more.<p>A newly released Pew Research Center poll gives Congress credit for a rare miracle: uniting Democrats and Republicans. With a sense of agreement …

Done deal: Obama signs debt bill into law - NBC Politics

Lawmakers work to pass a bill that would end the first government shutdown in 17 years and prevent the government from defaulting on its debt.<p><b>By Carrie Dann, Political Reporter, NBC News</b><p>After weeks of stalemate that shuttered the government for 16 days and brought the nation within hours of a key …

Nobel winner has simple solutions for banks

Nobel laureate Eugene Fama is known for his research on efficient markets, but he also has some ideas on how to prevent future bank bailouts.<p>WASHINGTON — One of this week's winners of the Nobel Prize in economics, Eugene Fama, has been criticized over the years for being simplistic.<p>Long tipped for …

The Week in Review: Magazines for Nobel Laureate Wannabes

Inside Flipboard / October 11, 2013<p>It’s been a big week for a select few of the world’s leading scientists and artists as the recipients of the 2013 …

The 10 Scariest Doomsday Predictions About a Default

The government shutdown of 2013 has left hundreds of thousands of workers furloughed, curtailed government services, shuttered national parks and …

Economics

What A U.S. Default Would Mean For Pensions, China And Social Security

What would happen if Congress doesn't raise the debt ceiling and the U.S. defaults on its debt later this month? The broad economic implications are unpredictable, but a default could cause huge trouble for the global economy.<p>But whatever happens to the global economy, one thing is clear: People …

STOCKS GO NOWHERE: Here's What You Need To Know

First, the scoreboard:<p>Dow: 14,802.9, +26.4, +0.1%<br>• S&P 500: 1,656.4, +0.9, +0.0%<br>• NASDAQ: 3,656.4, -17.0, -0.4%<p>And now the top stories:<p>We still have no budget deal, so the U.S. government continues to be on partial shutdown. And even worse, the impending October 17 debt ceiling goes unresolved. In an …

Janet Yellen

Liberals talk 'nuclear option'

Senate Republicans began to warn Tuesday they would filibuster Democrats’ plan to raise the U.S. debt limit later this week.<p>Liberal senators’ response? Gut the filibuster.<p>Liberals said Tuesday that there may be no other way out of a debt ceiling crisis than to invoke — or at least threaten to …