Marketplace Morning Report for Friday, March 23, 2012

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Private investors are buying up foreclosed properties by the bushel and renting them out at a profit. Speaking of bushels, the warm weather is tempting some farmers to start planting -- but if you plant too early, you won’t get federal crop insurance if something goes wrong. And tax day is just three weeks away. Why is it that so many people want tax reform, but that it just hasn't happened yet?  

Gold speculation on the decline

Ever since the housing crash, investors have been pouring money into gold, and the price has more than doubled. But now, investors are starting to shy away.
Posted In: gold

Congress agrees on insider trading ban... for themselves

Washington leaders have passed a bill that bans members of Congress from trading stocks based on non-public information, and President Obama says he will sign it.
Posted In: insider trading, Washington D.C., Congress

BofA launching program for at-risk homeowners

Bank of America is launching a pilot program where homeowners who are at risk of foreclosure would hand over the deed to their house and then rent it back from the bank.
Posted In: Housing, foreclosure, Bank of America

Worries about China have markets on alert

China appears to be on the verge of an economic slowdown, and that has investors around the globe concerned.
Posted In: China's Economy, China

PODCAST: Insider trading bill passes, World Water Day app

Private investors are buying up foreclosed properties by the bushel and renting them out at a profit. Speaking of bushels, the warm weather is tempting some farmers to start planting -- but if you plant too early, you won’t get federal crop insurance if something goes wrong. And tax day is just three weeks away. Why is it that so many people want tax reform, but that it just hasn't happened yet?

U.S. picks a nominee for head of the World Bank

President Obama has announced his choice for the U.S. nominee to lead the World Bank, Jim Yong Kim. Judging from history, Kim is likely to win the role.
Posted In: World Bank, Dartmouth

Who will be the new head of the World Bank?

The head of the World Bank has always been an American, and typically, a white male, banker, diplomat type -- but this time might be different.
Posted In: World Bank, Dartmouth

Labor Dept. releases first ever tally of U.S. green jobs

In 2010 there were 3 million green jobs -- about 2 percent of total employment. Should we soon expect green jobs to start making up a greater percentage of the total jobs in the U.S.?
Posted In: green jobs, clean technology

British government plans for minimum price on alcohol

The British government has announced today that it wants to set a minimum price on beer, wine, and spirits. It hopes the move will help prevent alcohol-related crimes and deaths in the country.
Posted In: London, alcohol

FDA weighing ban on chemical BPA

By the end of the month, the Federal Drug Administration needs to decide whether to ban BPA in food and drink containers. Bisphenol A makes plastic more pliable, but some scientists say it may have adverse effects on human health.
Posted In: BPA, FDA

Farmers may plant corn, soybeans a few weeks early

Some farmers in the Midwest are planting crops earlier than usual because of hot weather. But there's a risk of losing it all if a spring freeze hits.
Posted In: Agriculture, corn, farming

Massachusetts movie theater offers free admission

Movies like "Hunger Games" bring in hundreds of millions of dollars at the gate. But one Massachusetts theater survives without admission fees.
Posted In: Entertainment, movies

Investors turning foreclosed homes into rentals

According to Bloomberg Markets Magazine, private investors are buying up foreclosed properties by the bushel and renting them out at a profit.
Posted In: Housing, rental, speculation

Why tax reform still hasn't come to America

While you're trying to determine what happens when you subtract line 35 from line 43 on your tax form, you might ask: Why is this so complicated?
Posted In: Taxes, tax reform, tax loopholes

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Fly Me to the Moon (In Other Words)
Julie London
Perdido
Duke Ellington