Marketplace for Wednesday, October 24, 2012
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Republican vice presidential candidate Paul Ryan addressed poverty today in a speech at Cleveland State University. A new survey says U.S. carbon emissions are falling and will go down almost 17 percent by 2020. Barnes and Noble has released the list of the 63 stores where its customers may have been victims of credit theft. New online startups are creating virtual banks where kids can deposit their allowance and either save it or spend it. Britain’s last iconic black cab maker may be going out of business. And Krissy Clark talks to two small business owners about their views on the election.
Posted In: allowance, Money Matters
The average child’s allowance is $65 a month. That’s $780 a year. How do you keep track of all that money? A slew of online startups is trying to solve that problem -- creating virtual banks managed by parents and their kids.
Posted In: poverty, Election 2012, safety net, food stamps
VP candidate says businesses can grow jobs and private donations can displace the safety net.
Posted In: debit card, Barnes & Noble
Barnes & Noble said debit card keypads in 63 stores were hacked so customers' data was stolen as they swiped their cards.
Posted In: Bank of America, Countrywide, mortgage fraud, Fannie Mae, Freddie Mac
The Justice Department says Countrywide Financial -- which B of A bought in 2008 -- cranked out bad home loans without proper checks to make sure they were legit, and then sold those mortgages to Fannie Mae and Freddie Mac.