Obama and congressional Republicans close in on a deal that would extend current tax rates for all Americans as well as a benefits program for the long-term unemployed. But many issues remain unsettled, including the estate tax.
Nov. Employment Trends Index: 99 vs. revised 97.6 in October; +9.3% Y/Y. "While we are not expecting economic activity or employment to grow rapidly anytime soon, we do expect employment to continue to moderately increase, following the trend of recent months," The Conference Board says, contradicting the government's weak jobs report.