Both the House and the Senate were in session Sunday evening, but a bipartisan push by Senate leaders fell short. Monday is the last day to avoid the tax hikes and spending cuts, though Congress may still reach a deal over the next few days.
Europe spent much of this year trying to hold its common currency pact together. Greece, Spain, Italy and other countries flirted with disaster as interest rates spiked, forcing the debtor nations to accept austerity programs. The turmoil was bad enough to push much of the eurozone into recession.
In his new book, To Sell Is Human, Daniel H. Pink describes how access to information has empowered buyers and dramatically changed the sales landscape. Caveat emptor — buyer beware — is still good advice, Pink says, but so is caveat venditor — seller beware.
President Obama went on air to levy pressure on Congress Sunday as Senate leaders worked to negotiate a deal to avert the "fiscal cliff." Graham said the odds of a last-minute deal are "exceedingly good."
The year 2012 might be remembered as the year the housing market finally turned around. Home prices for the year are expected to rise about 6 percent, but foreclosures remain a problem in some areas, though less so than in recent years. Weekend Edition Sunday guest host Linda Wertheimer talks with NPR's Yuki Noguchi.
The gong business is still a hit for Andrew Borakove, a comedy television writer turned gong salesmen. Despite the rocky economy, his doors have been open for eight years. "We've watched the world go up and down," he says, "but when you're selling gongs, there's no up or down, it's just round."
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