New York Governor Andrew Cuomo says Hurricane Sandy will have a big impact on state budgets. That storm could cost his state $33 billion in economic damage. The situation is much the same in New Jersey.
Car dealers in New York and Massachusetts have filed a lawsuit that seeks to block Tesla from selling its pricey electric vehicles in those states. The dealers say they are defending state franchise laws, which require manufacturers to sell cars through dealers they do not own.
Milk isn't just something you drink anymore. It's become a raw material, like crude oil, that's refined into more valuable products, such as sugar for infant formula and protein powder that's used in energy bars.
Investors looking for safer and more profitable investments have been buying farmland across the Midwest, and the price of land is rising fast. But some economists say cropland prices can't go up forever and that investors are turning farmland into a bubble.
The election is over and the deadline for the so-called "fiscal cliff" is drawing closer. Host Michel Martin speaks with NPR Senior Business Editor Marilyn Geewax about how the two relate, and what it could mean for America's economic future.
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