Staff
The United States is open for business again after a 16-day shutdown.
Earlier this morning, President Barack Obama signed a new bill into law to raise the debt ceiling and reopen the government. The bill was passed in both the House of Representatives and the Senate on Wednesday.
Standard & Poor’s Ratings Services says the shutdown reduced the country’s fourth quarter GDP growth by 0.6 percentage points.
The new law keeps the government funded until Jan. 15, 2014, and raises the debt ceiling through Feb. 7, 2014.
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