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Morning Business Outlook: 12/17/12

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  • Description

    Tax refunds delayed without fiscal cliff deal?

  • Duration 1:24
  • Date

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Good morning Wall Street couldn't Muster the means to drive stocks higher last week now the question is whether the risks associated with -- fiscal cliff could send the market.

Into an engineer -- spend.

-- -- deal is not reached many tax refund checks may get delayed until the second quarter.

That -- -- a whopping 200 billion dollars at risk scoring average 2826.

Dollars -- -- Because in the US back into our actions -- so many Americans depend on their refund checks.

And put that money back into the economy.

Others say we're -- for -- modest growth in the new year the national association for business economics estimates the US economy will growth two point 1%.

In 2013.

With strength coming from housing.

-- -- unemployment averaging seven point 7%.

Same day delivery you have heard of it but -- -- for it.

This -- of between five and ten dollars is a -- for many shoppers not willing to pay for any instant gratification.

That's a holiday shopping season draws to a close -- and -- -- -- forking over the extra cash.

To get -- Chris -- in time.

Wal-Mart offered same day shipping in October and it's currently testing in in five markets Amazon -- -- back in 2009.

And its intensity.

-- -- testing -- in San Francisco and New York.

That's business for more allowed onto a foxbusiness.com.

In New York online -- -- --

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