In an effort to reduce high fuel costs, American Airlines has ordered 460 new planes from Boeing and Airbus. The deal will phase out the carrier's current gas-guzzling fleet.
Kenneth Rosen, a housing economist from the University of California Berkeley, explains why the housing market is in a period of sustained but choppy growth.
Soon to be one year since it was passed, the financial reform law is getting a lot of attention from industry lobbyists trying to sway its rules in their favor.
Spain's economic crisis has pushed a record number of families to default on their mortgages. Now young protestors are organizing flash mobs to protest bank seizure of homes.
A new package in the works would not only raise the debt ceiling, but would also take a bite out of the nation's public debt. But could it pass in time for the August 2nd default deadline?
The United Nations World Food Programme is calling for $300,000,000 over the next few weeks to help feed starving Somalis. David Orr, spokesman for the United Nations World Food Programme, discusses why it's difficult to get aid into the country.
The Chinese video-streaming website Xunlei provides access to billions of stolen songs, movies and TV shows. Despite violating U.S. law, the company is planning to IPO on the American market.
Richard DeKaser, an economist with the Parthenon Group in Boston, explains why he thinks the bipartisan group's 'grand bargain' has the greatest chance at passing.
Marketplace Morning Report for Wednesday, July 20, 2011
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