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Daily business news and economic stories
  • Time is ticking down. Without a deal on fiscal 2011, the federal government shuts down Friday. And lots of federal workers won't be working.

  • Unless both parties in Congress can reach a budget deal, the federal government could shut down on Friday. Julia Coronado, chief economist at BNP Paribas, explains what that could mean for the economy.

  • Vice President Joe Biden and Senate Democrats agreed to a $33 billion in cuts from the current budget to avoid a government shut down. But is it enough for Republicans?