Marketplace Morning Report for Friday, January 14, 2011
The government is offering Americans who earn less than $36,000 to get their tax refund on a prepaid card. It'll be useful for customers without checking accounts, but as David Gura reports, it's also mostly at the benefit of the government itself.
Posted In: Banks
As banks start to report their earnings for the year, some analysts may warn that the numbers a bit inflated because the banks are counting the reserves they set aside before the meltdown. But counting those reserves now isn't really being untruthful, report Bob Moon.
Posted In: Mexico, Travel
Tourism along Mexico's coast is expected to grow in 2011. It's helping the country's suffering economy, but continued development may also be hurting the area's main attraction: the coral reef and beaches. Eve Troeh reports on how the government is trying to respond.
Beginning today, taxpayers with lower incomes can go on the IRS website and prepare and file federal tax forms for free. John Dimsdale reports.
Posted In: Banks
For a couple of years, big banks stopped paying out dividends to their investors. But with big profits returning to the banking sector, analysts say those dividends could be back.
Jeremy Hobson speaks with economist Gary Shilling about Timothy Geithner's discussing the nation's corporate tax code with business leaders.
The Commerce Department reports retail sales were up six-tenths of a percent for the month. Jill Schlesinger explains.
The accounting giant KPMG has launched a new scheme: offer British high school graduates free college tuition, accommodations and a yearly salary of $30,000. The catch? The degree program is in accounting. Stephen Beard reports.
In the North African Mediterranean country, Tunisia there is a general strike following a month of deadly violence. Protesters have taken to the streets, protesting food prices, unemployment, the lack of civil liberties and the President.
Posted In: Taxes
It's been 25 years since the last overhaul of the U.S. code. But some think the economy and the politics are finally aligned for another overhaul. John Dimsdale explains.