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Marketplace PM for February 28, 2006

Episode Description 

Treasury backup

Today, the bond industry is set to announce the creation of a new bank, and it's actually called NewBank. It will serve as a backup for key parts of the financial system in case of an emergency. Amy Scott explains.
Posted In: Economy

SCOTUS roundup

The Supreme Court is hearing myriad cases this week, including one affecting campaign finance laws, one that relates to price fixing, and one on anti-abortion groups. Hillary Wicai has a roundup of all the cases.

SCOTUS on corporate subsidies

Today the Supreme Court hears a case that challenges big tax breaks given to companies designed to lure them away from competing states. Scott Tong explains the case, and the potential impacts of the court's decision.

Small businesses revive in New Orleans

Today is Mardi Gras, and John Dimsdale has the story of business owners in New Orleans who returned soon after the hurricane blew out of town. Despite obvious challenges, they're finding business opportunities.

Bring Congress into the Information Age

In the wake of the Jack Abramoff scandal, a lobbying reform bill is being addressed by the Senate Rules Committee tomorrow. The bill would require lawmakers to disclose, on their Web sites, specifics on how they're being wined and dined. Commentator Jeff Birnbaum says there's one more weapon they should add to the arsenal.

"Strapped"

People under 35 are facing more debt, higher expenses, and lower wage increases. Cheryl Glaser talks to author Tamara Draut about her book "Strapped," which details the new financial challenges facing young adults.
Posted In: Economy

Ban on French birds

The threat of bird flu has caused the US to ban some poultry and live bird shipments from France. Helen Palmer reports on the fallout.
Posted In: Canada, Health