Marketplace Morning Report for Thursday, September 24, 2009

Segments From This Episode

• No full TARP return to taxpayers

  by Tamara Keith

  TARP special inspector general Neil Barofsky's testimony to the Treasury Department says taxpayers aren't likely to see a full return on their bailout investment. He's also advocating for more Treasury transparency. Tamara Keith reports.

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• What the White House wants at G20

  by Joel Rose

  The world's economic leaders are in Pittsburgh, Penn. today for the G20 summit and the White House will be pushing for new banking and financial regulations and an end to fossil fuel subsidies. Joel Rose reports.

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• Gen Y swings its purchasing power

  by Steve Chiotakis

  Today's young adults have a great deal of spending power. Steve Chiotakis talks to author Kit Yarrow, whose book "Gen Buy" explores how teens and 20-somethings are spending their money and shaping retail.

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• AIDS vaccine cuts risk of HIV

  Researchers said this morning they have a breakthrough in the search for an AIDS vaccine. In a human trial in Thailand, an experimental vaccine has for the first time cut the risk of HIV infection. Steve Chiotakis talks to Stephen Beard.

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• House explores new solar investments

  by Stacey Vanek Smith

  

  A House committee will decide today what more can be invested in solar energy. Some say through low-interest loans and tax breaks, more can be done to lower the cost of the resource. Stacey Vanek-Smith reports.

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• Fed plans its housing market spending

  by Amy Scott

  Yesterday, the Fed said it plans to spend a total of $1.25 trillion on propping up the housing market by buying mortgage-backed securities. As the market shows signs of recovery, the Fed says it will slow down the pace of purchases. Amy Scott reports.

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• Less junk food consumption in the U.S.?

  by Marketplace Contributor

  Which junk food has seen its consumption decrease the most among U.S. children? Stephan Richter of TheGlobalist.com quizzes Bill Radke, and also shares some good news about Americans' junk food intake.

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• Citi looking to scale back on branches

  by Tamara Keith

  Citigroup may be planning to scale back its retail branches. With just about 1,000 right now, the bank is reportedly planning to focus on the six major cities where it has the strongest presence. Tamara Keith reports.

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