Marketplace Morning Report for Tuesday, August 30, 2011

Episode Description 
Marketplace Morning Report for Tuesday, August 30, 2011

Housing markets sending out mixed signals

Housing prices are on a winning streak, growing slightly for the third month in a row. But the numbers aren't all good if you take a step back and look at longer-term trends.
Posted In: Housing

Home prices up slightly, but still not in the clear

Prices for homes were up slightly in June, marking a three month increase. But numbers are still down on a year-to-year basis.
Posted In: Housing

Multigenerational home numbers on the rise

Reports show that the number of multigenerational homes in the U.S. have been on a steady uptick for the last few years. But is this a bad sign for the overall economy?
Posted In: Housing

The true costs of Hurricane Irene still unknown

Estimates of the total cost of Hurricane Irene are already piling up. But where do the numbers come from?

Bank of America sells stake in Chinese bank

To prove its balance sheet is strong, Bank of America is looking to get cash, and fast. The latest asset it is selling off? A large portion of its stake in a key Chinese bank.
Posted In: Banks

Qatar set to gain in Libya after early support for rebels

The gulf state of Qatar is set to gain both economic and political power in the wake of its support of the Libyan opposition.

Europe considers sanctions against Syria

As the Syrian government continues a violent crackdown against protestors, Europe sketches out a sanctions plan that could include oil, infrastructure and telecom spending.

China's ties to Gaddafi mean it could lose out in Libya

China's stake in Libya was threatened when the rebels began fighting against the Gaddafi regime. Now that the transitional government has taken over, Chinese leaders hope to gain back some economic ground in the country.
Posted In: China

Italian leaders may redo major austerity cuts

Earlier this month, the Italian government made plans for deep budget cuts. Now, they are again making changes, removing key tax measures.

Egypt's hydrocarbon sector remains steady

Despite all the political unrest that has hit the Egyptian economy, the one area that's still growing with local and foreign investment is natural gas.

Barnes & Noble posts another loss, not as bad as expected

One major rival is gone, but bookseller Barnes & Noble is still trying make bookstores work in an increasingly digital world.
Posted In: Retail

USC launches largest fundraising campaign in higher education

The private university in Los Angeles wants to raise $6 billion in the next seven years. Will it work in this economy?
Posted In: Education

Music from this show

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St. Elsewhere
Gnarls Barkley
100 Lovers
O Universo Musical de Baden Powell
Baden Powell

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