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Marketplace Morning Report for Wednesday, January 9, 2013
Jan 9, 2013

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 But both airlines rescinded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?

Segments From this episode

Where did the year's first airfare hike go?

Jan 9, 2013
The airlines try, but they can't always make fare increases stick.

AIG has to consider lawsuit against U.S.

Jan 9, 2013
AIG's board must consider the shareholder lawsuit, because it is charged with acting in the best interests of its shareholders.

From a nation of homeowners to a nation of renters

Jan 9, 2013
As 2013 kicks off, one of the biggest changes to the landscape of consumer finance is taking place in the housing market.
A large 'rent' banner is posted on the side of an apartment building on June 15, 2012 in San Francisco, California.
Justin Sullivan/Getty Images

Self-driving cars debut at CES

Jan 9, 2013
Google has one, so does Toyota and Audi. Self-driving cars debut at the Consumer Electronics Show in Las Vegas.

U.S. reliance on foreign oil is declining

Jan 9, 2013
The U.S. is importing less oil, and that will continue into next year. The Energy Information Administration expects the lowest oil import levels in 25 years.

Report: Income disparity and fiscal imbalances threaten global economy

Jan 9, 2013
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.

Alarms raised over treatment of maids, domestic workers

Jan 9, 2013
The International Labor Organization, a United Nations agency, raised concerns about the legal protections that domestic workers get.

Expectations shift as Fed releases new details

Jan 9, 2013
The Federal Reserve has released the minutes from its meeting in mid-December where the Fed's announced a major shift in it's policy.

Reports: Obama to nominate Lew for Treasury Secretary

Jan 9, 2013
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.

Are insurers hiking rates despite health care reform

Jan 9, 2013
California's insurance commissioner has called out Anthem Blue Cross of California for an 'excessive' 11 percent premium increase for some customers.

PODCAST: Smile! You're at Disneyland

Jan 9, 2013
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.

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?