Marketplace PM for September 14, 2005
A sub-prime mortgage is one where interest is typically two percentage points <em>higher</em> than the prime rate. Research out today finds African Americans are 3 times as likely to pay that higher rate than Caucasians, and Hispanics are twice as likely — regardless of income. Amy Scott has more.
A set of studies today in the journal Health Affairs suggests if we all had electronic medical records, there could be big savings. But Helen Palmer reports from the Marketplace Health Desk at WGBH that it's a big "if."
Tomorrow night President Bush takes Hurricane Katrina into prime time with a speech to the nation. Marketplace's Scott Tong takes a look at which ideas may be in the hopper.
Paul Light used to be at the liberal think tank the Brookings Institution; now he teaches at New York University. He tells host Kai Ryssdal that interest groups <em>and</em> lawmakers see Katrina aid as just one more opportunity.
Chief Justice nominee John Roberts says he won't decide cases based on his personal views. But what about cases in which he might have a financial stake? Typically the justices recuse themselves — Ian Ayres says they shouldn't have to.
Many of those who've been getting their mail at Houston's Astrodome have moved on. City officials hope to close some of the big shelters this weekend. Hillary Wicai reports Houston's getting some help from the outside.
WalMart's been sued for gender discrimination, immigration troubles and now sweatshop conditions in other coutries. But it's pledged $17 million and truckloads of supplies to help flood victims. Can money buy Wal-Mart love?
Today 4 of the top 7 airlines in this country are now in bankruptcy: that's 47 percent of the seats flown by major US carriers. Delta and Northwest joined United and US Air in Chapter 11. Cheryl Glaser has the story.