Marketplace Morning Report for Thursday, December 27, 2012

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Episode Description 
The president is back in Washington today to deal with the fiscal cliff. A long-term deal is unlikely at this late date, but the hope is lawmakers can find a stopgap solution to prevent higher taxes and big spending cuts. How does the general public feel about the situation? Fresh numbers on new home sales come out later this morning. Lately they've risen to levels not seen since 2010. And in Baltimore, a holiday icon may shine no more.

EPA head Lisa Jackson to step down

The Obama Administration announced this morning the head of the Environmental Protection Agency -- Lisa Jackson -- is stepping down.
Posted In: EPA

PODCAST: Turning over a new leaf at Toyota, and at the EPA

Toyota announces a big settlement, the EPA will have a new director, and we all keep waiting for the inevitable fiscal cliff on the horizon.

What markets can hope for with the fiscal cliff deadline

For weeks now the major indexes have jumped on days when a fiscal cliff deal seemed possible. What might investors realistically hope for at this point as the deadline draws near?
Posted In: fiscal cliff

What to expect from tech in 2013

Marketplace's technology reporter Queena Kim tells us what we can look forward to in the tech sector in 2013, from ongoing tablet wars to more privacy regulations.
Posted In: 2013, technology, privacy, mobile

Toyota agrees to $1 billion settlement

The automaker Toyota has agreed to one of the largest settlements in automotive history. Pending court approval, the company will pay more than $1 billion to resolve a class-action lawsuit related to unintended acceleration.
Posted In: Toyota, car, settlement

How Americans feel about the fiscal cliff

The President is back in Washington today to deal with the Fiscal Cliff. A long-term deal is unlikely at this late date. Now the hope is lawmakers can find a stopgap solution to prevent higher taxes and big spending cuts.
Posted In: fiscal cliff

Graphene material gets big investment from Britain

The British government is plowing more public money into a miracle new substance. Graphene is said to be the lightest, thinnest and strongest material known to man. It was developed in Britain and could revolutionize high-tech manufacturing.
Posted In: Britain, Science

In Baltimore, a symbol of the holidays goes dim

In Baltimore, a five-pointed star lit by dozens of light bulbs shines over a mill once operated by Bethlehem Steel. The star has been a holiday fixture for decades, but it will likely be extinguished for good once the holidays are over.
Posted In: Baltimore, holidays

Recovery in new home sales a boost for the economy

Many of the new homes being sold now were planned years ago. Finally demand has returned, in part because first-time buyers are being outbid by investors for bargain foreclosure sales.
Posted In: Housing, home sales, construction

Music from this show

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Motherlode [Remastered]
Everything Is Everything
Eddie Palmieri
Ms. Jackson [Explicit]

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