Dec 27, 2012

Marketplace Morning Report for Thursday, December 27, 2012

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The president is back in Washington today to deal with the fiscal cliff. A long-term deal is unlikely at this late date, but the hope is lawmakers can find a stopgap solution to prevent higher taxes and big spending cuts.…

Segments From this episode

Recovery in new home sales a boost for the economy

Dec 27, 2012
Many of the new homes being sold now were planned years ago. Finally demand has returned, in part because first-time buyers are being outbid by investors for bargain foreclosure sales.

In Baltimore, a symbol of the holidays goes dim

Dec 27, 2012
In Baltimore, a five-pointed star lit by dozens of light bulbs shines over a mill once operated by Bethlehem Steel. The star has been a holiday fixture for decades, but it will likely be extinguished for good once the holidays…

Graphene material gets big investment from Britain

Dec 27, 2012
The British government is plowing more public money into a miracle new substance. Graphene is said to be the lightest, thinnest and strongest material known to man. It was developed in Britain and could revolutionize high-tech manufacturing.

How Americans feel about the fiscal cliff

Dec 27, 2012
The President is back in Washington today to deal with the Fiscal Cliff. A long-term deal is unlikely at this late date. Now the hope is lawmakers can find a stopgap solution to prevent higher taxes and big spending cuts.

Toyota agrees to $1 billion settlement

Dec 27, 2012
The automaker Toyota has agreed to one of the largest settlements in automotive history. Pending court approval, the company will pay more than $1 billion to resolve a class-action lawsuit related to unintended acceleration.

What to expect from tech in 2013

Dec 27, 2012
Marketplace's technology reporter Queena Kim tells us what we can look forward to in the tech sector in 2013, from ongoing tablet wars to more privacy regulations.

What markets can hope for with the fiscal cliff deadline

Dec 27, 2012
For weeks now the major indexes have jumped on days when a fiscal cliff deal seemed possible. What might investors realistically hope for at this point as the deadline draws near?

PODCAST: Turning over a new leaf at Toyota, and at the EPA

Dec 27, 2012
Toyota announces a big settlement, the EPA will have a new director, and we all keep waiting for the inevitable fiscal cliff on the horizon.

EPA head Lisa Jackson to step down

Dec 27, 2012
The Obama Administration announced this morning the head of the Environmental Protection Agency -- Lisa Jackson -- is stepping down.

The president is back in Washington today to deal with the fiscal cliff. A long-term deal is unlikely at this late date, but the hope is lawmakers can find a stopgap solution to prevent higher taxes and big spending cuts. How does the general public feel about the situation? Fresh numbers on new home sales come out later this morning. Lately they’ve risen to levels not seen since 2010. And in Baltimore, a holiday icon may shine no more.

The team

Stephen Ryan Producer, BBC

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