Recapping the day's news and newsmakers through the lens of CNBC.
The Statue of Liberty and Yogi bear weren't the only national figures left in limbo by the government shutdown. The corporate CFO may prefer to go home rather than try to set a 2014 budget at a time like this. The variety of ways in which the debt ceiling breach could be avoided, as well as the potential changes to the federal tax code to get a budget deal done, could make it difficult for CFOs to set a financial plan for the coming year with any conviction. That could mean instead of making tough investment choices, CFOs go on greenlighting stock buybacks as a way to spend cash on the balance sheet, as has been the case in recent years.
"You don't know what the next step is and you don't know if you are going to step on a bomb or it's going to set you free."—Gordon Bethune, former CEO of Continental Airlines.