Marketplace Morning Report for Thursday, August 30, 2012
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Citigroup pays up for past deeds. Earlier this week, we learned the SEC is investigating Ally Financial for its own mortgage practices around that time. Isaac is back to tropical storm status. Mitt Romney is scheduled to accept the GOP nomination for president tonight. In the meantime, we talk with residents of Florida coastal town New Smyrna Beach to get a sense of "The Real Economy" there.
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Posted In: Citigroup, GOP, Angela Merkel
Citigroup pays up for past deeds. Earlier this week, we learned the SEC is investigating Ally Financial for its own mortgage practices around that time.
Posted In: consumer spending
The government said this morning that consumer spending grew 0.4 percent last month.
Posted In: Russia, auto market, manufacturing
Of all the European markets, Russia is the fastest growing. But why?
Posted In: Russia, gazprom, natural gas
Ice is melting faster making it easier to extract oil and gas. But expenses and lower gas prices are proving troublesome for the Russian company.
Posted In: vegetables, Health, branding
On the age-old question of how you get kids to eat broccoli, new research from Cornell University finds it's all about branding.
Posted In: Citigroup, lawsuit, financial crisis
Four years after the financial crisis, it's like the chickens of 2007 and 2008 are finally coming home to roost.
Posted In: Hurricane Isaac, Louisiana, prisons
Residents in northwest Louisiana are preparing homes and businesses for possible flooding as the remnants of Isaac make a slow progression northward.