Marketplace Morning Report for Thursday, January 3, 2013

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Episode Description 
Along with death and taxes, finding ways to avoid taxes is a fact of life. Can wealthy taxpayers blunt the impact of the first rate increase in years? People from all backgrounds weigh in on what makes a person wealthy. And what's ahead for the housing market in 2013?

PODCAST: Spam spreads its wings, and 228 'boosts of goodness'

New data on auto sales shows bumper year for big three carmarkers. The cost delaying federal Superstorm Sandy relief. Al Jazeera is buying Current TV. And a company known for canned meat is spreading its wings.

2012 a bumper year for U.S. carmakers

General Motors, Ford and Chrysler all saw significant gains in U.S. sales during 2012.
Posted In: Auto, Ford, Chrysler, General Motors

Poll: Majority of Americans see economic difficulty ahead for 2013

When asked if the next year will be one of prosperity or difficulty, 65 percent of those surveyed see difficulty in their future.
Posted In: employment, Gallup, Economy

Spam maker Hormel to buy Skippy peanut butter

The company best known for canned and deli meats is taking Skippy off the hands of the huge food conglomerate Unilever for a cool $700 million.
Posted In: Food, peanut butter, acquisition

Report: Job cuts fall to lowest level since 1997

Last year saw the fewest job cuts since 1997 according to a report this morning from the job placement firm Challenger, Gray & Christmas.
Posted In: employment, layoffs, jobs report

Photos: You know you're wealthy when...

People from all backgrounds weigh in on what makes a person wealthy.
Posted In: Wealth and Poverty, wealth

Delay of federal Sandy relief package to squeeze state budgets

A $60 billion Sandy relief package passed the Senate in December, but House leadership reneged on its pledge to pass the bill before the end of the session.
Posted In: Hurricane Sandy, Congress, natural disasters

Tax hikes prompt hunt for new tax shelters

Along with death and taxes, finding ways to avoid taxes is a fact of life. Can wealthy taxpayers blunt the impact of the first rate increase in years?
Posted In: Taxes, tax loopholes

Are new laws needed to protect against paparazzi?

Professional shutterbugs who take pictures of celebrities see no need for new laws following death of photographer.
Posted In: paparazzi, Justin Bieber, photography

Hillary Clinton, Barack Obama voted most admired in 2012

As you look back at 2012, who did you most admire? Was it an Olympian? A musician? A business leader?
Posted In: Barack Obama, hillary clinton, Gallup

Housing market to gradually move up in 2013

Marketplace Economics Correspondent Chris Farrell says there is one bright economic spot to look forward to in the coming year: the housing market.
Posted In: Housing, housing market, interest rates, mortgage

Al Jazeera buys U.S. news channel Current TV

Estimates are Al Jazeera will pay $500 million for Current. In exchange, Al Jazeera will get access to about 40 million homes in the U.S.
Posted In: news media, Al Jazeera, Time Warner

Music from this show

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The Final Comedown
Grant Green
Lights Out
Sola Rosa
Sister curare
Kid Loco

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