Washington may be preoccupied with the debate over whether to raise the debt ceiling and the consequences of a default, but so far at least, the nation's financial markets seem to be taking the prospect in stride.
Although politicians from President Obama on down have been predicting for weeks that a debt default would wreak havoc on the global economy, interest rates on U.S. government debt remain near historic lows.
The 10-year Treasury bill, often seen as a barometer of investor sentiment toward the bond market, hovered around 3 percent on Friday.
There's something about the frozen vistas and the unpronounceable street names of Sweden that seem to lend themselves to crime fiction. Stieg Larsson proved the point with The Girl with the Dragon Tattoo trilogy. And now comes a new thriller tipped to be this summer's Nordic hit. It's called The Hypnotist. It's by the Swedish writer Lars Kepler.
Except it turns out Lars Kepler doesn't actually exist. He's a pseudonym for the husband-and-wife writing team of Alexander Ahndoril and Alexandra Coelho Ahndoril.
As the deadline for Congress to raise the debt ceiling creeps steadily closer, a deal to cut the size of government in exchange for raising that debt limit seems as far away as ever. If a White House meeting Sunday night resulted in progress, neither side said so publicly.
President Obama said Sunday that "we need to" work out a debt deal within the next 10 days as he convened a meeting with congressional leaders, aiming to fashion a deficit reduction package that would allow the country to avoid first ever default on U.S. debt.
Obama and the eight top House and Senate leaders assembled in the White House Cabinet Room for about 90 minutes during a rare Sunday session, less than 24 hours after House Speaker John Boehner abandoned plans to negotiate a massive $4 trillion deal for reducing the debt.
Yemeni President Ali Abdullah Saleh must "expeditiously" sign a deal that would have him transfer power to his vice president and step down, the White House counterterrorism chief told Saleh in a meeting at a hospital where the Yemeni leader is being treated for serious injuries.
Members of the Federal Reserve Board of Governors tend to speak cautiously: Their words can move markets. Yet last month, Fed governor Sarah Bloom Raskin was remarkably candid about the growing gap between America's rich and poor.
"This inequality is destabilizing and undermines the ability of the economy to grow sustainably and efficiently," she said. Income inequality, she continued, "is "anathema to the social progress that is part and parcel of such growth."
There was high drama Sunday in the women's World Cup soccer tournament: The U.S. team got a last-second, come-from-behind victory over Brazil. NPR's Tom Goldman fills in host Guy Raz on how the Americans pulled it off in Dresden, Germany.
The U.S. is withholding $800 million in military assistance to Pakistan. NPR's Jackie Northam and host Guy Raz discuss the latest example of the strain between the two allies in the wake of Osama bin Laden's killing.
An hour after the game, Abby Wambach was still at a loss for words.
Amazing. Riveting. Dramatic.
Take your pick, any one of them will do.
The Americans are into the semifinals after one of the most thrilling games in the history of the World Cup — men's or women's — beating Brazil 5-3 on penalty kicks after a 2-2 tie. Wambach tied it with a magnificent, leaping header in the 122nd minute, and goalkeeper Hope Solo denied the Brazilians again.
"I'm at a loss, and I literally cannot believe what just happened," Wambach said. "But we've got two games left."