Money Matters: Global market reacting to US gov. shutdown

To view this site, you need to have Flash Player 9.0.115 or later installed. Click here to get the latest Flash player.

October 8, 2013, 8:06 am
Print Article

(NECN) - Asian markets are recovering some losses Tuesday, despite the uncertain political showdown over the raising the U.S. debt ceiling.
The U.S. has until Oct.17 to raise the debt ceiling, or the economy could default on its debt, which would affect global markets.
Most analysts believe a deal will be reached in time, but the uncertainty is discouraging investors from buying into risky assets.

The MBTA has chosen a winner in its competition for a new system map
The winning map was submitted by a graphic designer from Russia.
It includes changes like enlarged connections to the silver line and all green line above ground stops.
Six finalists were chosen by a panel of experts and voters chose the winning map.
The new map will debut at select blue and orange line stations next year.
If you're looking to get your hands on Apple's new iPhone 5c, you may want to try Wal-Mart.
The discount store is now selling the colorful smartphone for just $45 with a two-year contract.
Best Buy has a similar promotion, selling the phone for $50, thanks to a $50 gift card promotion.
Wal-Mart tells that the price cut will remain through the holiday season.

Tags: government , Market, stocks, MBTA, US, money, contest, Money Matters, Wal-Mart , shutdown, Phones, discount, map
Greg Dickerson discusses the future players after the 2013 World Series victory
Owners of brick and mortar stores complained online retailers had an advantage by not collecting sales taxes
Red Sox returning to Fenway Park for Game 6 of series against Cardinals
Actor Rob Brown claims he was detained in June after employees called police about possible credit card fraud
Southwest and JetBlue are last two big airlines that allow travelers to check at least one bag free on domestic flights
Student Reporter Peter Costanza finds out what people think of the online currency
This small gadget can be used to make quick, small sushi rolls
Student Reporter Zeban Jaggi finds out how people cope on the holiday