DC’s Debt Deal Gets a ‘C-’
The federal government is up and running after a last-minute deal between Republicans and Democrats ended the shutdown. The agreement also raised the debt ceiling so the government can pay its bills—for now. Washington will have until early next year to reach a longer-term solution. On this week’s episode of Money Talking on WNYC, Time‘s Rana Foroohar and the New York Times‘ Joe Nocera discuss how business confidence is being hurt by the uncertainty. Also on this episode: Burberry CEO Angela Ahrendts is tapped to run Apple’s flagging retail division.