Marketplace for Thursday, December 6, 2012
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Democrat Sen. Max Baucus from Montana discusses the fiscal cliff talks in Washington and whether or not a deal is possible. We take a look at what the purchase of one home means to the economy. The price of guar gum -- used in everyday products like ice cream, gum and paper -- has been skyrocketing. There's a battle in the U.S. over whether to export natural gas. An outfit called The Golden Spike Company says it plans to run private missions to the moon. Amy Scott takes us back to Oyler School in Cincinnati to see what progress they've made after a $21 million renovation. And Furbies are making a comeback -- no, really.
Posted In: Lloyd Blankfein, Hamptons
Lloyd Blankfein has reportedly bought a home in Bridgehampton for $32.5 million. But don't expect a beach party.
Posted In: fiscal cliff
We've noticed that what Washington is saying this year about the fiscal cliff, sounds a whole lot like what people were saying last year about the debt limit. So can you guess which quote is from this year?
Posted In: Max Baucus, fiscal cliff
Sen. Max Baucus chairs the Senate Finance Committee, and he says Congress will come to some kind of deal on the fiscal cliff -- though more negotiations could happen after the end of the year.
Posted In: fracking, natural gas, export, energy
Exports to most countries have long been barred by federal law. As the Department of Energy considers several requests for export licenses, a study says exporting our glut of natural gas would benefit the economy.