NEW YORK (CNN) -- CNN Money's Stacey Delikat has your top business and financial news on this Tuesday, October 15.
Debt ceiling crisis could leave millions in lurch
If Congress fails to raise the debt ceiling in time, anyone owed money by the federal government could eventually be left in the lurch like Social Security recipients, doctors who treat Medicare patients, military pensioners, companies with federal contracts, government workers, and bond investors. If Congress fails to raise the debt ceiling in time, anyone owed money by the federal government could eventually be left in the lurch. The reason: Treasury Secretary Jack Lew wouldn't have enough money to pay all the bills in full and on time.
Netflix pursues cable-TV deals
Netflix Inc. is in talks with several U.S. pay-television providers including Comcast Corp. and Suddenlink Communications to make its online video service available as an app on their set-top boxes, people familiar with the matter say. A deal would mark the online video service's first such tie-up with a U.S. cable provider and would come after a similar agreement it recently announced with U.K. cable operator Virgin Media Inc. The talks are in early stages and no deal is imminent, the people cautioned.
World's fastest wi-fi makes Google Fiber look like dial-up
Everybody hates wires, but if you want crazy speed, they're the way to go. But maybe not anymore. A team of German scientists have developed record-setting Wi-Fi that cooks right along at 100 Gigabits per second. You know, like Google Fiber but times 100. The tech was developed by a joint team from the Fraunhofer Institute for Applied Solid State Physics (IAF) and the Karlsruhe Institute of Technology (KIT), and this isn't their first record. They already set one for the world's fastest Wi-Fi with a 40Gbps connection a few months ago.
Macy's to break with tradition, open Thanksgiving
Macy's will break a 155-year tradition of staying closed on Thanksgiving Day this holiday by opening at 8 p.m. on Thanksgiving, employees at some Chicago-area stores said Sunday. The department store will remain open for 24 straight hours, according to five employees at Macy's flagship store at 111 N. State St. All of them said their bosses had told them to be prepared to work that night; one employee said she received a memo Thursday stating the store would open on Thanksgiving at 8 p.m.