Deal or no deal? US downgrade looking likely (AP)

[DaFozz]

<p><a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20110726/ap_on_bi_ge/us_debt_limit_downgrade"><img src="http://d.yimg.com/a/p/ap/20110725/capt.6c0bb81496744724b92b9f0e5cdf9fd8-6c0bb81496744724b92b9f0e5cdf9fd8-0.jpg?x=130&y=88&q=85&sig=nYMzfANoBcLEmcy52.RYDw--" align="left" height="88" width="130" alt="Senate Majority Leader Harry Reid of Nev., right, accompanied by Sen. Charles Schumer, D-N.Y., speaks to reporters on Capitol Hill in Washington, Monday, July 25, 2011, as they announce a new proposal to solve the debt limit crisis. (AP Photo/J. Scott Applewhite)" border="0" /></a>AP - Could the U.S. lose its top credit rating even if a deal is reached to raise the debt limit? Market analysts and investors increasingly say yes. The outcome won't be quite as scary as a default, but financial markets would still take a blow. Mortgage rates could rise. States and cities, already strapped, could find it more difficult to borrow. Stocks could lose their gains for the year.</p><br clear="all"/>

 

More...