03/20/12
Marketplace Morning Report for Tuesday, March 20, 2012
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Treasury Secretary Tim Geithner wades into the European debt crisis today, and will urge heavily indebted countries in Europe to avoid "draconian" government budget cuts that could risk another global recession. Also on the show, President Obama has raised more money than all the GOP contenders, but the incumbent president has been notably lagging in attracting money from wealthy contributors. And, media data firm Nielsen has started tracking online and TV viewership in 15,000 households to help advertisers understand how much time consumers spend with their ad on and offline.
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Big Obama donors missing in action
President Barack Obama has raised just half of what he got from big donors at this point in his election campaign four years ago.
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Delay in EPA gas rules may hurt cars
A reported delay in cleaner fuels could harm the new engines designed to burn it.
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Tracking ad consumption online and off
Nielsen's new cross-platform service brings together two worlds - TV and online - and gives advertisers a better sense of who's watching.
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How Mitt Romney and Nicolas Sarkozy are similar
One is seen as a family man, one isn't. But they both are struggling to relate to voters in their presidential campaigns.
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China to hike oil prices, risk slower growth
China's government has announced a 7 percent oil price increase. The hike could slow growth but some say it might also reduce wealth inequality.
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U.S. warns Europe on 'draconian' austerity
Treasury Secretary Tim Geithner testifies on Capitol Hill Tuesday about the European Debt crisis, urging European countries to avoid 'draconian' budget cuts that could make matters worse.
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Brazil spill prompts new deep-water drilling lawsuit
An oil spill off the coast of Brazil last November is the subject of a lawsuit this week. Brazil is suing Chevron and Transocean over the spill.
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Law school entrance exams down 16 percent
The number of students taking the test to go to law school fell to its lowest level in 12 years, according to the latest data from the Law School Admission Council, which administers the test.
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New building permits hit highest level since 2008
The number of new homes starts last month fell, but a rise in future home-construction plans gave economists hope that the housing market has stabilized
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Analyst: There's confidence in the housing market
Rise in new building permits attributed to good winter weather, increased demand for housing, and an economy that "isn't getting worse."
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Podcast: Housing optimism and law-school pessimism
The number of new homes starts last month fell, but a rise in future home-construction plans gave economists hope that the housing market has stabilized. Meanwhile, the number of new students taking the law-school entrance exam dropped to the lowest level in 12 years. Also on the show, China announced a major increase in gas prices, a reported delay in cleaner fuels could harm the new engines designed to burn it, and an oil spill off the coast of Brazil last November is the subject of a lawsuit this week. Plus, our interview with the author of a story that makes comparisons between Mitt Romney's GOP campaign and that of French President Nicolas Sarkozy.
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20-somethings average $45,000 in debt
Student loans, credit cards, car loans, and mortgages weigh on Generation Y. What does the mounting debt for these young adults mean for the economy?
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