Marketplace PM for September 26, 2005
Congress spent the last four and half years working on an energy bill, which the president finally signed in August. But the one-two Katrina-Rita punch has Washington dealing with many of the same issues. Hillary Wicai reports.
August was a hot month for the housing market: existing home sales rose 2%. Prices shot up more then 15% percent from a year ago, the biggest rise in 26 years. Why, with interest rates rising? Ashley Milne-Tyte has an answer.
Christopher Cox will not participate in the SEC investigation into Senate Majority leader Bill Frist, who is in the regulatory spotlight over a stock sale made by his blind trust. Host Kai Ryssdal talks to Deborah Solomon.
It'll be a bit different from the old-fashioned, government-run Medicare. The Feds will be helping seniors buy private insurance to cover their medications. Scott Tong reports on the marketing blitz.
A couple of Americans in Shanghai were arrested for selling pirated DVDs over the Internet. They went to jail — in China. The case has some lessons. Marketplace's Jocelyn Ford reports.
In a special series of commentaries this week, we'll ask two questions: Does poverty serve anyone's interests? If so, whose? For Economist and commentator Bruce Bartlett, one winner is Washington and its politics.
President Bush said a lot of things about energy this morning: He repeated his willingness to tap into the strategic petroleum reserve. Nuclear is back on the table. But mostly, he talked oil.