Marketplace AM for May 3, 2007
A major investment bank has released a study on the widening gap between rich and poor in the U.S. It suggests the growing recession that's mired lower-income groups now threatens the middle class, says Chris Farrell.
The insurance industry warns Congress today that climate change could cause eye-popping losses as warming leads to unusual weather patterns that make it impossible to project future damage payouts. Nancy Marshall Genzer reports.