Marketplace Morning Report for Wednesday, January 9, 2013
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The board of the bailed out insurance giant AIG will meet today to consider whether the company should join a $25 billion shareholder lawsuit against the U.S. government -- against the very same government that saved AIG during the financial crisis. The latest airline fare hike seems to have fizzled. United raised prices last week, and Delta followed suit. But both airlines rescinded the increase after a competitor refused to play along. And are we transitioning from a homeowner's economy to a home-renter's economy?
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What's behind the double-digit health insurance premium increases some folks are seeing around the country? Driverless cars debut at the Consumer Electrics show. And, smile! You're at Disneyland.
Posted In: health care, health insurance, Affordable Care Act
California's insurance commissioner has called out Anthem Blue Cross of California for an 'excessive' 11 percent premium increase for some customers.
Posted In: Barack Obama, treasury secretary, Timothy Geithner
Multiple news outlets are reporting that President Obama will put forth Jack Lew as his nominee to be the next Secretary of the Treasury in an announcement tomorrow.
Posted In: labor, United Nations
The International Labor Organization, a United Nations agency, raised concerns about the legal protections that domestic workers get.
Posted In: Davos, global economy, climate change
In advance of its annual summit in Davos, Switzerland, the World Economic Forum has released its list of the biggest threats to the global economy.
Posted In: housing market, rent, mortgage
As 2013 kicks off, one of the biggest changes to the landscape of consumer finance is taking place in the housing market.