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The federal budget deficit is on pace to break the $1 trillion mark for the third straight year, ratcheting up the pressure on the White House and Congress to reach a deal to rein in spending.
Forex: EUR/CHF cracks 1.1500, fresh record lows
The price of gold surged to a record high of nearly $1,588 an ounce in London on Wednesday, as investors switched into the metal for safety from the eurozone debt crisis, traders said.