Markets Show Assurance As U.S. Debt Deal Emerges

from National Public Radio
August 1, 2011

Financial markets were up Monday on the news that President Obama reached a deal with congressional leaders to end the impasse over the U.S. debt ceiling. But the markets' relief that the U.S. will be able to pay on its debts and not default may be temporary. Congress still has to approve the deal. Honda meanwhile is putting some positive spin on a rough quarter.

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