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Jan 16, 2013

Marketplace Morning Report for Wednesday, January 16, 2013

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Facebook made a big announcement yesterday, but it wasn't the one some observers of the company were expecting. The social media giant is breaking into the search game with a new product called Graph Search, and it's getting the attention…

Segments From this episode

Governor Jerry Brown on balancing California's budget

Jan 16, 2013
The governor of California discusses state budgets and California's fiscal prospects heading into 2013.

Facebook takes on Google and Yelp with 'Graph Search'

Jan 16, 2013
Facebook is getting into the search business. On Tuesday, the social media giant had a press event where it demonstrated its new product, Graph Search. While the feature is still in its infancy, Facebook's announcement has a lot of companies…

JPMorgan, Goldman Sachs see earnings soar

Jan 16, 2013
Many of Wall Street's biggest banks are beating profit expectations as the mortgage business comes back.

eBay gets boost from mobile bidders

Jan 16, 2013
eBay reports fourth-quarter earnings amid high expectations, as tablet and smartphone user bid up business on the online auction site.

Dreamliners grounded by two of Japan's largest airlines

Jan 16, 2013
After another incident on a 787 Dreamliner, Japan's two largest airlines have grounded Boeing's new flagship plane.

Housing market comeback gains more traction

Jan 16, 2013
Gus Faucher, senior economist at PNC Financial Services , discusses the housing market, the economy and your paycheck.

PODCAST: Brown on budget, big banks report earnings

Jan 16, 2013
JPMorgan Chase and Goldman Sachs report earnings today. eBay gets boost from mobile bidders. California Gov. Jerry Brown discusses state budgets and the Golden State's fiscal prospects heading into 2013.

Confused by taxes? You're not alone

Jan 16, 2013
As tax season gets closer, Allan Sloan, senior editor-at-large at Fortune Magazine, laments the increasingly complex tax code.

Facebook made a big announcement yesterday, but it wasn’t the one some observers of the company were expecting. The social media giant is breaking into the search game with a new product called Graph Search, and it’s getting the attention of the company’s Silicon Valley rivals. And, Governor Jerry Brown of California tells Marketplace how he balanced California’s notoriously deficit-ridden budget.

The team

Stephen Ryan Producer, BBC