With an unemployment rate of over 20 percent, and many citizens protesting new wage and budget cuts, many investors have labeled Spain as one of the weaker European economies to watch out for.
Garden State officials are negotiating a temporary bank loan with JPMorgan to cover a revenue gap in the new fiscal year. But is it normal for a state to seek a loan like this?
Tracy Gordon, visiting fellow at the Brookings Institution, explains how many states are facing budget shortfalls as they reach the end of the current fiscal year.
Juli Niemann, analyst with Smith Moore and Company, takes a look at today's S&P/Case-Shiller index, and explains why she's "slightly" optimistic about the housing market.
U.S. Treasury Secretary Timothy Geithner is urging India to push ahead with reforms, particularly in the finance sector, to encourage economic ties between the two countries.
Bob Ward, deputy director of the Rockefeller Institute, explains California's newly proposed budget deal that relies heavily on future tax revenues. But are lawmakers too optimistic about the future?
Marketplace Morning Report for Tuesday, June 28, 2011
Marketplace Morning Report for Tuesday, June 28, 2011