Day late, dollar short: US president Barack Obama prevailed in getting congressional Republicans to end the government shutdown and avert default in a last-minute deal last week, but not before ratings agency Fitch put the world's biggest economy on negative watch. Investors paid little heed, pushing the S&P 500 to new all-time highs on a relief rally last Thursday.
**Expensive mistake:** Investment bank JP Morgan has agreed to pay 100 million to the US...
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