Some Middle Eastern countries are reconsidering their ties to the U.S. dollar after it hit record lows against the euro. But Jill Barshay reports why bigger Gulf states will likely stick to the currency.
The Environmental Protection Agency is expected to announce new rules requiring cleaner engines on trains. But some say trains have a while to go before they're a pollutant-avoiding alternative. Sarah Gardner reports.
A coalition of community organizations wants the federal government to buy up troubled mortgages from banks at a discounted rate to take pressure off of homeowners. Sam Eaton reports on how this could affect the bottom line.
A wan retail sales report may be looming, but goods like discount food and prescription drugs can weather an economic downturn pretty well. Ashley Milne-Tyte looks at the bright side, but reports no one is recession-proof.
An eco-friendly coffin producer in the U.K. has given some funeral advocates sticker shock over its expensive biodegradable caskets. And April Dembosky reports environmental advocates also question the company's commitment to green.
U.S. Treasury Secretary Henry Paulson is in Washington today to discuss his plan for avoiding another credit crunch. But Nancy Marshall Genzer reports the crisis is likely to last over the next couple of months.
The troubled mortgage bond fund of the Carlyle Group is near collapse. As Stephen Beard reports, it may be sign the Fed's plan to stabilize the credit markets isn't working.
Marketplace Morning Report for Thursday, March 13, 2008