Marketplace PM for January 16, 2007

Episode Description 

Decline of the housing boom hits home

Two of the country's biggest homebuilders, Centex and KB Home, gave us a sign today that the nation's housing boom may, indeed, have hit bottom. Alisa Roth reports.
Posted In: Economy, Housing

Verizon sells off New England lines

Verizon's about done with old-fashioned phone lines. The company announced today it's spinning off local lines in Maine, New Hampshire and Vermont. Keith Shortall reports.

Freeze could mean a rise in avocado dip

Consumers will soon feel the pain of the California freeze in citrus and strawberry prices at the supermarket — not to mention loading up a chip with guacamole on Superbowl Sunday. Janet Babin reports.
Posted In: Economy

U.S. census: Single women outnumber married

More women now live without a spouse than with one, according to The New York Times. Amy Scott reports that the demographic shift could change how we think about everything from healthcare to the school day.
Posted In: Economy, Jobs

Interest turns to student-loan bill

Democrats are set to take up their next big issue tomorrow: interest rates on student loans. The bill would cut rates on some loans in half. Who's going to pay for that? Hillary Wicai reports.
Posted In: Economy, Investing, Washington

Loan debts limit college grads' contributions

Clare Robbins graduated from a private liberal arts college in 2004, and now has a student-loan debt of about $65,000. She says paying back her loans affects more than just her financial future.
Posted In: Economy, Investing

For some, life is good — and hidden

Most Afghans say their lives haven't improved since U.S. troops were sent in six years ago. For those with wealth, however, it's a different story. Miranda Kennedy reports on how Kabul's new elite spend their time.
Posted In: Canada

P.J.'s Cliffs Notes on Adam Smith

It's the book that made free trade famous: "The Wealth of Nations" by Adam Smith. But who's got time to read its 900-plus pages? Humorist P.J. O'Rourke did and wrote his own book about it. He talks with Kai Ryssdal.
Posted In: Books, Economy