The NFL owners and players are apparently calling it a week with no agreement in place, but with a statement suggesting they are moving in the right direction. In other words, nothing much has happened aside from rumors that the two sides have agreed to a rookie wage scale, which is obviously not the most pressing issue in the negotiations.
DeMaurice Smith says he and Roger Goodell will either meet or talk through the weekend as well.
This is basically how it goes when it comes to labor negotiations, though. There's no deal until, well, there's a deal. Usually the sides like to nibble around the edges and find agreements wherever they can, but it's the big meaty stuff that tends to keep anything from actually being signed.
It's certainly a positive that talks are ongoing, but it's probably not worth getting your hopes up that the season has been saved until we get some more concrete statements.