Marketplace Morning Report for Tuesday, May 12, 2009

Episode Description 
Marketplace Morning Report for Tuesday, May 12, 2009

Housing community has lots in common

Kathy Journeay, a health-care administrator near Boston, talks with Steve Chiotakis about her experiment with a different kind of suburban living called "cohousing."
Posted In: Housing

Expense list embarrasses UK politicians

A list revealing British lawmakers' expense claims is causing some embarrassment. The list was leaked to Britain's Daily Telegraph, and includes some questionable items. Christopher Werth reports.

Why B of A is selling and Citi is lending

Financial analyst Juli Niemann talks with Steve Chiotakis about why Bank of America is selling off shares of China Construction Bank and Citigroup's lending.

Europe banks may undergo stress tests

Reports say the European Union may conduct stress tests on its banking system. London bureau chief Stephen Beard talks with Steve Chiotakis about what the tests might look like and why details might not be published.

Medicare, Social Security finance check

Today, trustees for Social Security and Medicare are expected to announce their annual financial report. Experts say the report will show the financial health for both programs is slipping. Jeremy Hobson reports.
Posted In: Health

Profits for Airbus owner take nose dive

EADS, the parent company of Airbus, is reporting that its first quarter profit fell 40%. Why? Stephen Beard reports.
Posted In: Auto

In China, not a dream but an obsession

In America, owning a home is part of the Dream. In China, it goes way beyond that. Marketplace's Shanghai bureau chief Scott Tong explains.

March trade deficit widens to $27.58b

The Commerce Department says the U.S. trade deficit is climbing again, up to $27.58 billion in March. As Dan Grech reports, this is a return to old times.

NTSB seeks answers in NY plane crash

The National Transportation Safety Board will kick off hearings on the February plane crash outside of Buffalo, N.Y., that killed 50 people. Ashley-Milne Tyte reports on what the board will want to know.
Posted In: Airlines

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