Marketplace PM for December 7, 2005
Britain and other countries could be facing a much cooler future. A mini-ice age, in fact. And, as our European Bureau Chief Stephen Beard reports, today's rising oil prices only make the forecast worse.
We got some great ones this week, on topics ranging from how to spend $40 million, what foods are made better by ketchup, and why giving cash as a gift is a total cop-out.
The president spoke today about the economy in Iraq and progress in cities like Mosul and Najaf. Borzou Daragahi, reporting from Baghdad for the LA Times, says there's a reason the president chose those two cities.
On Capitol Hill today, a House Energy subcommittee considered the future of oil supplies. Is there enough? As John Dimsdale reports... depends on whom you ask.
Just a year ago, not many people were interested in partnering with America Online. AOL was a dud. So why is there a feeding frenzy surrounding it now? One word: Ads. Janet Babin reports on a high-tech storm a-brewing.
Today the Mortgage Bankers Association reported home refinancings are up. At the same time, though, so are mortgage interest rates. This puzzled us, so Kai talked to Nick Retsinas at Harvard's Joint Center for Housing Studies.
Turns out if you live within a mile of a church, your risk of getting into a car accident is much lower than if you live within a mile of a restaurant. Hillary Wicai has the details.
By next year, hybrid car sales could make up 10% of the 2 million midsize cars sold annually in the US. But consumers can be fickle... like writer and commentator Dave Marcus.