Marketplace for Wednesday, March 20, 2013
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The British Finance Minister unveiled his government's public spending plans today. Nobel-prizewinning economist Paul Krugman is a keen student of Britain's economy and a stern critic of the way it's been managed. In light of the today's economic news from across the pond, we examine Krugman's case. Plus, the fashion market for fake fur has grown so fast that some suppliers are meeting the demand with real fur. Retailers as large as Nieman Marcus have been caught up in the faux faux fur kerfuffle. And we put a little twist on the NCAA bracket and predict a winner based off of the team with the best state economy.
Posted In: housing market, real estate
With housing inventory at its lowest point in 13 years, realtors are trying new tactics to add listings.
Posted In: Sports
The teams to beat in the NCAA men's college basketball tournament are the University of Louisville and Indiana University. But in an economic sense, Louisville, Ky., and Bloomington, Ind., aren't the favorites.
Posted In: Banks, payday loans, lenders
Payday lenders circumvented state laws by moving online, and in the process big banks became enablers (and potentially profited) from payday lending. Now Chase is making changes to protect its customers from payday lenders. Will other banks follow?
Posted In: healthcare, health insurance
Workers covered by CVS pharmacy’s health plan will have to report their weight and other wellness information or pay a monthly fee. The new policy shows how companies, in addition to offering incentives for workers to become healthier, are adding penalties for those who don’t shape up. It's all about lowering healthcare costs.