Marketplace AM for September 18, 2007
Presidential hopeful Hillary Clinton laid out her plan for health care yesterday, which includes mandatory health insurance. But commentator Jamie Court says demanding more cost-effective coverage would be a better solution.
With this week's defense authorization bill in the Senate comes the possibility of another half a trillion dollars for non-war Pentagon spending. But Steve Henn reports they're already having trouble keeping track of the books.
Posted In: Economy, Investing
From the Fed meeting rate cuts to August's wholesale prices report, there's a lot for the markets to digest today. Doug Krizner talked to ING Group chief economist Mark Cliffe in London about these numbers and the subprime effect in Europe.
Posted In: Investing, Wall Street
Lehman Brothers reported third-quarter earnings today, making it the first investment bank to turn in its numbers since the subprime crisis began. The other big banks report later this week, and Amy Scott reports investors are fearing the worst.