UNDATED (AP) -- Stocks are mostly lower on Wall Street today after a breakdown in budget talks have brought the nation close to possible default. The Dow Jones industrial average is down 21 points. The Standard & Poor's 500 index is down 2 points and the Nasdaq composite is up 3 points. The bond markets are closed for Columbus Day.
WASHINGTON (AP) -- The United States is moving dangerously closer to an economy-rattling default and a partial government shutdown is in its 14th day. Top Democratic and Republican Senators Harry Reid and Mitch McConnell spoke by phone Sunday, but couldn't come to an agreement. Separately, a bipartisan group led by Republican Sen. Susan Collins met this morning. Collins says, "We're making very good progress, but there's still many details to be worked out."
CHICAGO (AP) -- Many Americans plan to do some kind of work for pay in retirement. Some 82 percent of Americans who answered a poll by the Associated Press-NORC (N-O-R-C) Center for Public Affairs Research say they'll likely work for pay in retirement. And 47 percent expect to retire later than previously planned.
NEW YORK (AP) -- Microsoft will start updating its Windows software for cellphones in the coming weeks that the company says will accommodate larger devices and create fewer distractions for drivers. A driving mode automatically silences incoming calls and texts, and can be set up to let the sender know you're driving. Older phones will be eligible for a free upgrade.
JERUSALEM (AP) -- Facebook says it's opening its first office in Israel. Facebook says the Israeli mobile technology startup Onavo will help the social media giant create better mobile products and help connect more people around the world to the Internet. Israeli media report that Facebook is buying Onavo for more than $100 million.
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