Marketplace PM for October 20, 2005
Congress is considering a bill to extend the welfare reforms signed into law 10 years ago. Plus add a few more of its own. Marketplace's John Dimsdale has that story.
In two weeks Denver residents will vote on a property tax increase that would fund a new payment plan for teachers; their salaries could soon be linked to student performance. Sarah Gardner reports.
America's Indian immigrants report household incomes 50% higher than the US national average. Now they're leveraging that wealth into political influence by getting back to the grassroots. Miranda Kennedy reports.
Citigroup, JP Morgan, Wachovia, Wells Fargo and Bank of America have all reported hefty quarterly profits this week. But writer and commentator David Wells says some banks see consumers as the big cash cow.
The NBA has instituted a new dress code for players when they're off the court. Sports commentator Ed Derse tells Kai Ryssdal that the league may not have its eye on the ball.
Southwest Airlines said today it nearly doubled its earnings in Q3, in large part because of what the low-cost carrier is spending to fill up its planes. But Amy Scott reports that it can't last.