Marketplace for Thursday, April 26, 2012
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Twenty years after the L.A. riots, economic mobility is still hard to come by for low-income black and Latinos. Mitchell Hartman reports on how neighborhoods affected by the unrest have recovered. Chrysler had its best quarter since emerging from bankruptcy, while Nintendo posted its first-ever loss. For the first time under the Affordable Care Act, some health insurers are paying back part of consumer premiums. And we have our latest Attitude Check with Gallup.
Posted In: Wealth and Poverty, los angeles, Latino community, African American
Twenty years after the L.A. riots, many residents who move up the economic ladder move out of South L.A.
Posted In: News of the World, News Corp., Rupert Murdoch
Murdoch tells a U.K. government inquiry he didn’t know about phone hacking at one of his British newspapers. U.S. investigators are watching closely.
Posted In: consumer confidence, Retirement
Gallup's latest surveys asked how Americans were feeling about their personal finances, and whether they think they'll be able to retire comfortably.