Marketplace for Tuesday, August 27, 2013
President Barack Obama is reportedly exploring a range of options to "deter and degrade" Syria's military capabilities. After a new report of chemical weapons use by the Syrian regime, international pressure has ratcheted up for some show of force in the region. But each and every option on the table has costs. Meanwhile, in Washington, the Treasury Department says the U.S. will hit its debt limit, and run out of money, sometime in October. You know how much is in your wallet and your bank account, how much your paycheck is, how much more you can charge on your card. Why can't the federal government? And finally, consumer confidence increased in August, outpacing economists’ predictions, as the markets continue to perform well and the housing market improves.