Sunday, July 31, 2011

Markets Teeter As Tuesday's Debt Deadline Nears

The debt ceiling stalemate in Washington has given some investors the jitters. The market saw a 600-point drop last week and many warn that the county's AAA credit rating could suffer if a debt deal isn't reached by Tuesday's deadline. NPR's Chris Arnold reports that most economists are hopeful that lawmakers will find a way to strike a bipartisan deal before Tuesday.

Source: http://www.npr.org/2011/07/31/138867780/markets-teeter-as-tuesdays-debt-deadline-nears?ft=1&f=1014

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