Dec 12, 2012

Marketplace Morning Report for Wednesday, December 12, 2012

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There are now less than three weeks left until the fiscal cliff deadline. One option now being talked about as part of a package to avoid the fiscal cliff is an overhaul of corporate tax rates. A report out today from the conservative American Enterprise Institute says government-backed mortgages from the Federal Housing Administration may be too easy to get. And you certainly don't want to go to a website that puts all your financial accounts in one place and makes charts and graphs out of your money. But of course more and more Americans are joining sites that do just that.

Segments From this episode

Concert will rain charity on Sandy victims

Dec 11, 2012
The 121212 concert in New York’s Madison Square Garden has raised more than $30 million, and the show hasn’t even started.

Corporate tax reform could help avoid fiscal cliff

Dec 12, 2012
President Obama and House speaker John Boehner are still tussling over the details of any fiscal cliff deal. But the Wall Street Journal reports that, now corporate tax rates have entered the discussion.

Report: FHA foreclosures feed off each other

Dec 12, 2012
Government-backed loans with the Federal Housing Administration help borrowers who might look like a foreclosure risk. And the reality is many of them are.

Using websites to manage your finances

Dec 12, 2012
The holiday season might be a time of year when you don't even want to look at your personal finances because money is going out the door right and left. You certainly don't want to go to a website that puts all your financial accounts in one place and makes charts and graphs out of your money - or do you?
Is it easier to manage your finances in the cloud that with regular old pen and paper.
Justin Sullivan/Getty Images

North Korea rocket launch angers international community

Dec 12, 2012
North Korea defies international sanctions to launch a rocket. Japan has called for an emergency meeting of the UN Security Council, which could take place later today.

Fed wraps up regular policy meeting

Dec 12, 2012
It's the second and final day of the regular policy meeting at the Federal Reserve. Later today we'll hear what, if any, additional monetary stimulus the Fed Board might endorse as the latest round of quantitative easing is set to expire.

After Michigan, what's next for 'right-to-work'?

Dec 12, 2012
Union protestors crowded the capitol, but Michigan lawmakers swiftly approved legislation yesterday making Michigan a so-called "right-to-work" state.

Is fear a financial motivator?

Dec 12, 2012
Seems like every time you turn on the news, there's some new danger to our health or our financial well-being.

PODCAST: What's next for right-to-work, buying your own island

Dec 12, 2012
What's next for right-to-work: We'll look ahead after the big vote in Michigan, talk about the economics of the North Korean missile launch, and talk with the author of Encyclopedia Paranoica -- a big fat book of all the horrible threats under which we somehow continue to live our lives.

How raising low wages ripples through the economy

Dec 12, 2012
A few bucks an hour more for low-wage workers can raise prices, but also boost economic growth for the country overall.

There are now less than three weeks left until the fiscal cliff deadline. One option now being talked about as part of a package to avoid the fiscal cliff is an overhaul of corporate tax rates. A report out today from the conservative American Enterprise Institute says government-backed mortgages from the Federal Housing Administration may be too easy to get. And you certainly don’t want to go to a website that puts all your financial accounts in one place and makes charts and graphs out of your money. But of course more and more Americans are joining sites that do just that.

The team

Stephen Ryan Producer, BBC