A report reviewing the bailout found taxpayers overpaid when they invested in troubled financial institutions. In contrast, private firms did very well. Dan Grech explores where the Treasury's losses varied.
Up to 30 states may run out of reserves for unemployment benefits in the next month. In a throwback to the early 1980's, they may soon need to borrow from the federal government. Janet Babin reports.
The number of helicopter ambulances has doubled over a decade, but there are also many more crashes. The high cost of missions and no compensation for new safety equipment are big concerns. Jill Barshay reports.
The Senate will vote today on a $920 billion version of the stimulus package. Once that happens, the House and Senate will work on a reconciliation between the two versions. John Dimsdale reports what may be cut first.
Auto sales in China are expected to come out ahead of U.S. sales by 20 percent. This may not stay the case in the long term, but China will still be top priority for automakers worldwide. Scott Tong reports.
Investment adviser Gordon Grigg is accused of bilking clients out of millions. Some of that money came by using part of the TARP fund as a lure. Ashley Milne-Tyte reports how Grigg turned government into a marketing tool.
The Grammys haven't done so well in recent years, but the list of performers for the award ceremony this year shows a valiant effort to win audiences back. Steve Chiotakis talks to Bill Werde from Billboard Magazine.
The economy lost a whopping 598,000 jobs in January, more than economists were predicting. Renita Jablonski talks to Bernard Baumohl with The Economic Outlook Group about why the holidays may have helped the spike.
British Airways experienced a major loss the last three quarters of 2008. To cope, it is freezing staff pay. Erik Campano reports the airliner's actions could lead to more troubles for other European airlines.
Marketplace Morning Report for Friday, February 6, 2009
Marketplace Morning Report for Friday, February 6, 2009