Dec 16, 2011

Marketplace Index for Friday, December 16, 2011

For financial markets, the news the government won't shutdown this weekend over extending the payroll tax cut seems a bit like someone promising not to poke you in the eye after all. As part of the deal, the Obama administration backed off its push for a surtax on millionaires to pay for more of the payroll tax discount.

Segments From this episode

Brinkmanship and the markets

by David Brancaccio

Dec 16, 2011

News that the government won't shutdown this weekend over payroll tax cut seems a bit like someone promising not to poke you in the eye after all.

Daily Pulse

Good news on inflation

by Joel Patterson

Dec 16, 2011

Lower energy costs kept November's Consumer Price Index flat, a good sign for the U.S. economy.

For financial markets, the news the government won’t shutdown this weekend over extending the payroll tax cut seems a bit like someone promising not to poke you in the eye after all. As part of the deal, the Obama administration backed off its push for a surtax on millionaires to pay for more of the payroll tax discount.