The Boeing Corp. says it will shut down the company's Wichita facility, which specializes in maintaining and modifying its commercial planes for military or government use. The plant, which has 2,160 employees, is slated to close by the end of 2013.
The cost of budget-friendly foods like ground beef, potatoes, and eggs soared 10 percent over the past year, pinching household budgets even harder. Blame bad weather, export competition, and the fact that more people are cooking at home to save money. This year may be a bit better, but not much.
The U.S. has gone through five years of foreclosed homes, vacant subdivisions and houses worth less than the owner's mortgage. Host Michel Martin and NPR Senior Business Editor Marilyn Geewax discuss whether predictions of a turnaround in the housing market are realistic or just new year optimism.
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