Marketplace Morning Report for Tuesday, September 18, 2012
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You're going to hear a lot today about a videotape that has emerged from a Mitt Romney fundraiser. It features Mitt Romney describing 47 percent of the country as people who pay no income tax and can't be convinced not to vote for President Obama. Federal regulators are looking into something strange that happened yesterday in the oil markets. Prices plunged more than $3 a barrel in less than a minute. And the federal farm bill expires at the end of this month. It appears that rather than passing a new one right now, Congress will extend the current law for a few months until after the election. That means lawmakers will put off decisions, like whether to replace direct subsidies for farmers with new forms of support.
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Mitt Romney said 47 percent of Americans pay no income taxes. What are the numbers behind that comment? We take a look at what's going on with oil prices, why sales of Apple's iPhone 5 may help shipping companies, and explore the reasons behind the rise in transit ridership. Plus, researchers have found that there are more jobs than expected that pay between $35,000 and $72,000 without a university degree.
If you commute to work this morning, how are you getting there? The American Public Transportation Association says lots more of us are taking the bus or the train, according to its latest transit ridership report.
Posted In: bachelor's degree, university, middle-class
Researchers find more jobs than expected that pay between $35,000 and $72,000 without a university degree.