Marketplace Morning Report for Wednesday, November 27, 2013
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German Chancellor Angela Merkel's conservatives today cut a deal with the center-left in Germany to form a coalition government that is pledging some serious new spending. From the Carolinas to Maine, it's just filthy out there this morning. The bad weather is settled over some key East Coast airports on this busiest travel day. If your mother is really counting on you showing up for the meal, there are ways to work around the weather without bankrupting yourself. And, in the U.S. smart phone market, the Windows Phone seems firmly stuck in third place, far behind the likes of Android and Apple. But it's a different story in Latin America. New data show, for the second straight quarter, sales of phone with the Microsoft system surpassed Apple's iPhone and trailed only Android.
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The U.S. government has announced a $253 million fine against Weatherford. This time of year, some lenders send out offers to let you "skip a payment." And, when 40 percent of Americans live paycheck to paycheck, you have to wonder why saving money is so difficult.
Posted In: emergency savings, college savings
When 40 percent of Americans live paycheck to paycheck, you have to wonder why saving money is so difficult. Marketplace Money’s Carmen Wong Ulrich points to declining wages, but she also says the culture of saving was lost.
Posted In: Switzerland, big oil
The U.S. government has announced a $253 million fine against Weatherford, a Swiss oil and gas services company that trades on the New York Stock Exchange.
Posted In: Germany, Angela Merkel, nuclear energy
The lynchpin of the European economy is now on track for a new government by Christmas.
Posted In: holiday travel, Airlines
The best laid travel plans can fall through when the system comes under the kind of pressure common at Thanksgiving.