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Morning Business Outlook: 12/18/12

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  • Description

    Gas prices drop before holiday travelers hit the road

  • Duration 1:16
  • Date

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Good morning the biggest rally of the month on Wall Street -- the -- 100 points investors certainly optimistic there will be a timely resolution to the fiscal cliff.

House speaker John Boehner and the president meant for 45 minutes at the White House yesterday.

The 84 million drivers expected to hit the roads over the Christmas holiday has something to be thankful for gas prices are at their lowest levels of the year -- -- with the national average at three dollars 24 cents a gallon.

And on final -- prices can fall below three dollars nationwide by the end of the year.

Toyota is set to reclaim its status as the world's largest auto maker a title it lost last year after the devastating earthquake and tsunami in Japan.

But General Motors currently number one.

May not move to second place that made me to third place and that's because of Volkswagen sales are on fire.

Both -- claims it'll take the top spot by 2018.

And it could be -- happy minute Christmas McDonald's is urging its restaurants to take the unusual step of opening on Christmas Day.

That according to an internal memo obtained by advertising -- the fast food giant wants to push its December sales higher.

And according to -- -- November got a boost from Thanksgiving that's business from -- on foxbusiness.com.

In New York online minute.

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