Marketplace Morning Report for Thursday, October 25, 2012
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Federal prosecutors in New York are accusing Bank of America of defrauding the government by rushing home loans through the approval process, then selling them to Fannie Mae and Freddie Mac. A new report from the U.S. Census Bureau shows that multi-generational living is on the rise. In 2010, 4.4 percent of U.S. households had three or more generations living under one roof.
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A new report that suggests the U.S. might not be spending enough money on the right airports. New data on durable goods, jobless claims, and pending home sales are out this morning. And, why people around the world are putting their toenails in the mail.
Posted In: Gallup, 2012 election, polls
Gallup's national daily tracking poll gained some attention this past week. Some critics say the poll, which shows a solid lead for Governor Mitt Romney, is out-of-step with other national polls that indicate the race is much closer.
Posted In: 2012 election, Africa, Tech, budget deficit
Not everything in the economy hinges on who wins in November. Whether it's President Obama or President Romney -- we're predicting three things are certain by 2016.
Posted In: Bank of America, Countrywide, home loans, mortgage crisis
Federal prosecutors in New York are accusing the bank of defrauding the government by rushing home loans through the approval process, then selling them to Fannie Mae and Freddie Mac.
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