01/02/13
Marketplace for Wednesday, January 2, 2013
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Episode Description:
The fiscal cliff has been averted, but the payroll tax cut still expired -- how might this affect your paycheck? As people begin to work on their New Year's resolutions, we explore the "gym-conomy." By one estimate, Hispanic consumers contribute more than a trillion dollars to our economy, with Latina shoppers being the most savvy about their buying. Sarah Gardner talks to the Atlantic’s Jesse Eisinger about his behind-the-scenes article on banking in America. And in the latest "BURN: An Energy Journal" piece, Alex Chadwick looks at what life’s like for the scientist trying to invent a whole new type of battery.
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Increase in payroll tax raises concerns for Cleveland small business owner
Steve Presser, proprietor of Big Fun toy store in Cleveland, says although the deal to avert the fiscal cliff eases uncertainty among consumers, the payroll tax increase raises a whole other list of issues.
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Latinas are the savviest shoppers
A recent survey finds that Latina shoppers work harder to find deals and use more technology than other consumers.
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'Cliff' deal ends payroll tax cut
The short-term stimulus plan had pumped billions into the economy.
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Scientific method: The search for a better battery
The biggest barrier to renewable energy such as solar and wind is storing the electricity it generates. In a university laboratory, a scientist painstakingly re-imagines the battery.
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New Year's resolutions boost gym memberships
Health club business soars in January as dieters sign up to make good on their New Year’s resolutions. But most don’t keep up their reps.
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Bank balance sheets are incomprehensible, even to experts
After the financial crisis, banks are bigger and are complying with more regulation. That means many more pages in their annual reports, but look closely, and the metrics hide straightforward information about the banks' health.
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The fiscal cliff provisions you might not have heard about
Reading the fine print of the fiscal cliff legislation passed on Jan. 1.
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