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S&P does not think U.S. will default on its debt

Standard and Poor's does not think the United States will default on its debt, the rating agency's president Deven Sharma said on Wednesday.

China calls on U.S. to protect investor interests

China's Foreign Ministry, responding to concerns over the U.S. debt ceiling impasse, says it hopes the U.S. government will adopt "responsible ...

Boehner to push for smaller debt deal

Talks to reach a more ambitious deficit-reduction deal effectively broke down on Saturday, House Speaker John Boehner said, as he and fellow Republicans resisted any White House attempts that could increase taxes.

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