Marketplace Morning Report for Wednesday, January 16, 2013

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Episode Description 
Facebook made a big announcement yesterday, but it wasn't the one some observers of the company were expecting. The social media giant is breaking into the search game with a new product called Graph Search, and it's getting the attention of the company's Silicon Valley rivals. And, Governor Jerry Brown of California tells Marketplace how he balanced California's notoriously deficit-ridden budget.

Confused by taxes? You're not alone

As tax season gets closer, Allan Sloan, senior editor-at-large at Fortune Magazine, laments the increasingly complex tax code.
Posted In: Taxes, Personal Finance

PODCAST: Brown on budget, big banks report earnings

JPMorgan Chase and Goldman Sachs report earnings today. eBay gets boost from mobile bidders. California Gov. Jerry Brown discusses state budgets and the Golden State's fiscal prospects heading into 2013.

Housing market comeback gains more traction

Gus Faucher, senior economist at PNC Financial Services , discusses the housing market, the economy and your paycheck.
Posted In: housing market, inflation, Taxes

Dreamliners grounded by two of Japan's largest airlines

After another incident on a 787 Dreamliner, Japan's two largest airlines have grounded Boeing's new flagship plane.
Posted In: Boeing, Dreamliner 787, Japan

eBay gets boost from mobile bidders

eBay reports fourth-quarter earnings amid high expectations, as tablet and smartphone user bid up business on the online auction site.
Posted In: ebay, mobile phone, Earnings

JPMorgan, Goldman Sachs see earnings soar

Many of Wall Street's biggest banks are beating profit expectations as the mortgage business comes back.
Posted In: Earnings, Banks, Goldman Sachs, JP Morgan

Facebook takes on Google and Yelp with 'Graph Search'

Facebook is getting into the search business. On Tuesday, the social media giant had a press event where it demonstrated its new product, Graph Search. While the feature is still in its infancy, Facebook's announcement has a lot of companies has watching their backs.
Posted In: Facebook, Mark Zuckerberg, Graph Search, search engines, Google

Governor Jerry Brown on balancing California's budget

The governor of California discusses state budgets and California's fiscal prospects heading into 2013.
Posted In: Jerry Brown, california, budget cuts, deficits, state budgets

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Wide Open
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