Money market fund

President Barack Obama sits with Speaker of the House John Boehner. (credit: Olivier Douliery-Pool/Getty Images)

White House Meeting Ends With No Deal

No deal was struck after House Republicans met with President Obama proposing to raise the debt limit for six weeks.

10/10/2013

Investment firms are beginning to sell off short-term government debt. (Getty Images)

Short-Term Funds Show Stress As Default Looms

Fidelity Investments, the nation’s largest money market mutual fund manager, has sold all of its short-term U.S. government debt — the latest sign that investors are increasingly nervous about the possibility of a government default.

10/10/2013

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