03/25/13
Marketplace Morning Report for Monday, March 25, 2013
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Episode Description:
President Obama designates five new national monuments today, and communities around them could cash in. Cyprus makes a bailout deal, but what about the rest of Europe? And, high debt equals low growth, right? That's a widely-held belief among the political class, but many economists just don't agree.
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Return of the home ATM?
As the housing recovery boosts equity, will homeowners again use their properties as their own personal cash machines?
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PODCAST: Cyprus strikes a deal, Medicine without the pill
Cyprus strikes a deal, but who are the winners and the losers? And a new drug aims to help recovering addicts six months at a time.
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Cyprus bailout to calm U.S. markets
Richard DeKaser, economist with Wells Fargo, discusses the impact of Cyprus' bailout on the U.S. economy.
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Is there a tipping point for U.S. debt?
High debt equals low growth, right? That's a widely-held belief among the political class, supported by well-funded bipartisan PR campaigns. But many economists just don't agree.
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Russia speaks out against Cyprus bailout
Eurozone finance ministers reached a last minute deal to grant Cyprus a $13 billion bailout early this morning. Those with large deposits in Cypriot banks could be hit will a tax of 30 percent in order to help fund the bailout.
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Cyprus avoids bankruptcy with $13 billion bailout deal
After more than a week of turmoil, eurozone finance ministers reached a last minute deal to grant Cyprus a $13 billion bailout.
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The economics of creating national monuments
President Obama is expected to name five new national monuments on Monday. In addition to historical significance and land preservation, national monuments can boost local economies through tourism.
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Hacker reveals vulnerable global Internet
An anonymous researcher has found that all sorts of devices connected to the Internet are protected only by the easy-to-guess default passwords that the equipment came with when new.
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3D guns: A license to print
Even with a federal license, Cody Wilson, the law school student who wants to use 3D printing to manufacture firearms, remains wary the government will shut him down.
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Helping drug addicts kick the habit six months at a time
A new drug, in the final stages of approval by the FDA, could make it easier to give addicts medication without using pills and risking abuse.
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