Feb 24, 2009

Marketplace Morning Report for Tuesday, February 24, 2009

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JP Morgan slashes its dividend

by Dan Grech

Feb 24, 2009

JP Morgan Chase, the second-largest U.S. bank and also one of its healthiest, slashed its dividend and knocked payments down to a nickel. CEO Jamie Dimon called the move a precaution. Dan Grech reports.

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Health care spending could double

by Marketplace Staff

Feb 24, 2009

An annual federal report out today finds health coverage could nearly double within the next decade. By 2016, public payers could be doling out more than half of all health care funding. Ronni Radbill reports.

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Fallout: The Financial Crisis

A song to make your troubles disappear

by Scott Jagow

Feb 24, 2009

In the 1930's, burlesque shows were a popular, cheap escape for the downtrodden. Online Host Scott Jagow talks to actor George Wendt, who stars in a new musical about a burlesque house, about entertainment's power to lighten your load.

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Fallout: The Financial Crisis

Is the Fed becoming a state bank?

by Steve Henn

Feb 24, 2009

As the Federal Reserve continues to make emergency loans to help troubled financial systems, some analysts are gawking at its size. Steve Henn juxtaposes the institution with an old state bank from the Soviet Union.

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Fallout: The Financial Crisis

U.S. wants Japan to spend more

by Scott Tong

Feb 24, 2009

Japanese Prime Minister Taro Aso is visiting the White House today, and Washington is hoping the country of good savers will turn around and start spending some of its rainy day fund. Scott Tong reports.

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Fallout: The Financial Crisis

Why NYC won't revisit its lost decade

by Jeremy Hobson

Feb 24, 2009

The recession of the 1970's hit New York City hard with rampant crime and a mass residential exodus. But today, the city is in a much better position to keep from a similar downward spiral. Jeremy Hobson reports.

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Fallout: The Financial Crisis

AIG could go back for more bailout

by Renita Jablonski

Feb 24, 2009

AIG is rumored to report a $60 billion loss, and could turn to the U.S. government for additional bailout funds. Renita Jablonski talks to Breaking Views's Edward Hadas about whether it's a good idea to give AIG more money.

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Good fun funds through hard times

by Marketplace Staff

Feb 24, 2009

New Orleans tourism is still a multibillion-dollar business. This strong hospitality revenue is helping the city battle the current financial climate and boost up reconstruction funds. Kate Archer Kent reports.