Marketplace Morning Report for Thursday, November 15, 2012
As Xi Jinping takes the helm of the Communist Party in China, handling the slowing economy remains priority number one. President Obama will meet tomorrow with members of Congress to start negotiations in hopes of avoiding the fiscal cliff. But what do the American people think? The Federal Housing Administration's annual report is due out this week, and there's concern that the agency, which insures more than a trillion dollars in mortgages, is in big financial trouble.
As Xi Jinping takes the helm of the Communist Party in China, handling the slowing economy remains priority number one. President Obama will meet tomorrow with members of Congress to start negotiations in hopes of avoiding the fiscal cliff. But what do the American people think? The Federal Housing Administration’s annual report is due out this week, and there’s concern that the agency, which insures more than a trillion dollars in mortgages, is in big financial trouble.