Economy Watch Weekly with Dees Stribling

For the week ending August 5, Congress managed to raise the debt ceiling at the last minute, while handing off tough budget decisions to a congressional bipartisan Super Committee; Wall Street goes into a free-falling panic, presumably over euro debt; and the jobs report isn't as bad as expected.

For the week ending August 5, Congress managed to raise the debt ceiling at the last minute, while handing off tough budget decisions to a congressional bipartisan Super Committee; Wall Street goes into a free-falling panic, presumably over euro debt; and the jobs report isn’t as bad as expected.