Marketplace Morning Report for Friday, December 14, 2012

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Episode Description 
A new report from the Pew Center on the States points out some pitfalls of tax incentives for businesses. The report says states don’t realize how much the incentives will eventually cost them. Throughout the fiscal cliff debate, you've probably heard a certain metaphor that compares the nation to a household. But that comparison bothers one of the nation's leading economists. And there's a new law in effect called the CALM Act, and it means that TV commercials now have to be the same volume as the programming they interrupt.

U.S. opts out of United Nations Internet agreement

The U.S. has advocated policy backed by major tech players like Google -- that Internet regulation needs a light touch, if any.

PODCAST: Consumers spending, an international Internet agreement

U.S. Inflation: Wrapped up tight -- with a bow on top. We'll talk falling consumer prices, and find out why the US and its allies want nothing to do with a new international treaty to regulate the Internet. We'll also hit on the long-lost proposal to call up a U.S. National Guard of Geeks, and get the story behind what I think is one of the best company names I've ever heard: Jewpon.

Consumer Price Index drops, inflation under control

Turns out consumers got an early gift for the holidays last month. The Labor Department reported this morning that its Consumer Price Index dropped 0.3 percent in November. So, inflation is well under control. That’s good news for the Federal Reserve.
Posted In: consumer prices

The importance of technology during natural disasters

On Monday, Congress takes up a $60 billion recovery package for areas affected by Superstorm Sandy. When the lights went out and the floodwaters moved in, people needed food and sandbags, sure -- but they also needed information and connectivity.
Posted In: Hurricane Sandy, technology, natural disasters

UBS could face a $1 billion LIBOR settlement

The Swiss banking giant UBS is reportedly headed for a $1 billion settlement over accusations it rigged LIBOR interest rates -- the benchmark for global lending.
Posted In: Banks, LIBOR, UBS

Pew study: States overspending on tax incentives

New study says some states are writing blank checks for incentives that don't pay off.
Posted In: states, tax incentive, pew research center

Why the national budget is different than a household's

Throughout the debate about the deficits and debt, you've probably heard a certain metaphor: One that compares the nation to a household. Well, that metaphor bothers one of the nation's leading economists, Robert Shiller of Yale University.
Posted In: Housing, fiscal cliff, federal budget

The CALM Act: No more loud commercials

Advertisers who turned up the volume to catch the attention of television watchers finally annoyed enough people that Congress outlawed the ploy.
Posted In: television, commercials, Law

New air pollution rules finally arrive

Industry has fought tighter restrictions on soot from power plants for years. Today is the court-ordered deadline for the Environmental Protection Agency to deliver the new rules.
Posted In: EPA, air pollution

Niche daily dealer focuses on Jewish buyers

Jdeal is one of several daily deal sites targeting ethnic minorities, women of color, vegans and others.
Posted In: entrepreneurs, daily deal, Jewish business, Hanukah