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Trader Warren Meyers works on the floor of the New York Stock Exchange on July 29, 2011. (Associated Press)

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President Obama announces a new fuel efficiency standards for cars and light trucks on July 29, 2011, at the Washington Convention Center in Washington. (Associated Press)

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House Speaker John A. Boehner discusses the debt bill on Capitol Hill on Thursday. House Republicans' plan would cut future spending by $915 billion while instantly raising the government's borrowing authority by $900 billion. (Drew Angerer/The Washington Times)

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In this photo from June 9, 2011, a bank-owned lot in Seattle is chained and locked but advertised for sale. (Associated Press)

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Greg Groesch/The Washington Times

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** FILE ** This is a Thursday, May 26, 2011, file photo of people walking by Sony Building in Tokyo's Ginza shopping district in Tokyo. The Japanese electronics and entertainment company reports fiscal first quarter earnings Thursday, July 28, that are expected to reflect a gradual recovery, despite the damage from the March earthquake and an embarrassing online security breach. (AP Photo/Shizuo Kambayashi, File)

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Fiat's chic but affordable 500 model (above, at a dealership in Michigan) will get its U.S. launch soon. The company, now the majority shareholder in Chrysler, plans to open 130 dealerships across the country in the next year in an appeal to both Euro flair and home-spun frugality. (Associated Press)

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In this July 26, 2011, photo, traders work on the floor of the New York Stock Exchange, in New York. Global stocks were weighed down again on Wednesday, July 27, by worries that the U.S. could default on its debt or see its credit rating cut as lawmakers in the world's largest economy appear no nearer to agreeing on raising the borrowing limit. (AP Photo/Henny Ray Abrams)

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From left: House Homeland Security Committee Chairman Rep. Peter King, New York Democrat, speaks July 27, 2011, with committee members Rep. Bennie Thompson of Missouri, the committee's ranking Democrat; Rep. Loretta Sanchez, California Democrat; and Rep. Al Green, Texas Democrat, on Capitol Hill before the committee's hearing on Islamic radicalization in the U.S., focusing on recruitment within the Muslim American community. (Associated Press)

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Attorneys for former Illinois Gov. Rod Blagojevich filed a 158-motion for a retrial on his behalf, citing alleged errors and biases. A jury last month convicted the former governor on 17 of 20 charges. (Associated Press)

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Netflix Inc., headquartered in Los Gatos, Calif., saw its second-quarter numbers fall short of many analysts' predictions, and the company's share price was off 9.2 percent in after-hours trading to $255.66. (Associated Press)

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NEGOTIATING: White House Chief of Staff Bill Daley said a debt deal can't be a "short-term gimmick." (NBC via Associated Press)

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Republican Gov. Chris Christie (left) shares a light moment with Harlem Children's Zone Executive Director Geoffrey Canada (far right) during a news conference at the New Jersey Community Development Corporation on Wednesday in Paterson. Mr. Christie, gaining clout for the 2012 presidential race, announced a new partnership between the HCZ and his administration. (Associated Press)

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PHOTOGRAPHS BY DUNKIN' BRANDS INC. VIA ASSOCIATED PRESS In a new Dunkin' Donuts TV spot, a construction worker drinking a Captain America Coolatta gets splattered with blue paint while chasing a dog that escaped its owner through a construction site, causing him to resemble the superhero. The commercial is part of the new "Captain America" film's aggressive marketing campaign.

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** FILE ** Treasury Secretary Timothy Geithner speaks at the Financial Stability Council meeting on the one-year anniversary of the Dodd-Frank Reform and Consumer Protection Act, Monday, July 18, 2011, at the Treasury Department in Washington. (AP Photo/Susan Walsh)

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NFL executive vice president and general counsel Jeff Pash listens to a reporter's question during a news conference where it was announced that NFL owners have agreed to a tentative agreement that would end the lockout, pending player approval, in College Park, Ga., on Thursday. The players have yet to vote on the approved 10-year collective bargaining agreement. (AP Photo/John Bazemore)

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Posing for photos after a news conference from right are Jim Albaugh, president and CEO of Boeing Commercial Airplanes; Gerard J. Arpey, president and CEO of AMR Corporation; Thomas Enders, CEO of Airbus and Tom Horton, president of American Airlines at Dallas-Fort Worth International airport in Grapevine, Texas Wednesday, July 20, 2011. American Airlines is buying at least 460 new planes over the next five years in the biggest single passenger jet order in history. American will buy 260 planes from Airbus and 200 from Boeing. (AP Photo/LM Otero)

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Virginia Gov. Bob McDonnell gestures as he announces a $311 million revenue surplus for fiscal year 2011 during a news conference as Lt. Gov. Bill Bolling, right, and Secretary of Finance, Ric Brown, center, listen at the Capitol in Richmond, Va., Tuesday, July 19, 2011. (AP Photo/Steve Helber)