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but no agreement was reached. heres what the leaders of both sides had to say following that high—stakes meeting. we agreed to continue our discussions and we will meet again on friday. in the meantime, our staff will meet today and daily between now and then, and everyone in the meeting understood the risk of default. our economy would fall into a significant recession and it would devastate retirement accounts, increase borrowing costs, according to moodys nearly 8 million american...

Live from Singapore, the essential business news as it breaks and a look ahead to the news that will shape the business day. [S]