Marketplace AM for February 16, 2006
Posted In: Economy
This morning the Commerce Department reports that housing starts -- people breaking ground on new homes -- soared 14.5% in January. Home construction is now at its highest level in more than 3 decades. From Miami, Dan Grech reports that this new data should quiet talk of a bubble... at least for today.
With comprehensive pension programs going the way of the dinosaur, 401(k) plans are becoming the favored alternative. But only half of eligible workers are now enrolled in these plans. Personal finance expert Chris Farrell tells host Scott Jagow about some of things employers are doing to make the plans more attractive to their workers.
Lisa Napoli talks to consumer advocate Bob Sullivan about what he calls "gotcha capitalism."
The residential communities that first sprang up around urban centers are often neglected in terms of redevelopment funding and planning, according a new report out. Scott Tong has the details.
Congress, for the third time, has allowed the federal flood insurance program to increase borrowing to pay claims associated with Hurricane Katrina. Stacey Vanek-Smith reports.
Posted In: Canada
After the grilling in Congress of some Internet executives on Wednesday over their business activities in China, the ball is now in the government's court. Yahoo, Google, and others say no private business can resist China alone. From Beijing, Ruth Kirchner reports.