Marketplace AM for May 25, 2006
Personal finance expert Chris Farrell and host Scott Jagow discuss a new report suggesting debt is a growing problem for the middle class. The Center for American Progress says debt now makes up 108% of incomes.
Delphi wants a bankruptcy judge to void its contracts with the United Auto Workers. The UAW is threatening to strike if that happens and GM wants more time to get this resolved before the dominoes would start falling. Alisa Roth reports.
A new medical study shows kids in Asia who use their cell phones excessively are anxious and depressed. But as Lisa Napoli reports, cell use, and perhaps the blues, are going no where but up.
A census report out today shows more than a quarter of the nation lives alone. Jane Lindholm looks at the economic implications.
In the wine industry, the heavyweight bout is California vs. France. Yesterday in London, the two squared off in a tasting rematch that put Napa Valley on the map. And guess what? It's still there. Stephen Beard reports.