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Mar 20, 2012

Marketplace Morning Report for Tuesday, March 20, 2012

Treasury Secretary Tim Geithner wades into the European debt crisis today, and will urge heavily indebted countries in Europe to avoid “draconian” government budget cuts that could risk another global recession. Also on the show, President Obama has raised more money than all the GOP contenders, but the incumbent president has been notably lagging in attracting money from wealthy contributors. And, media data firm Nielsen has started tracking online and TV viewership in 15,000 households to help advertisers understand how much time consumers spend with their ad on and offline.

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Segments From This Episode

How Mitt Romney and Nicolas Sarkozy are similar
by Stacey Vanek Smith
Justin Sullivan/LIONEL BONAVENTURE/AFP/Getty ImagesGetty Images
One is seen as a family man, one isn't. But they both are struggling to relate to voters in their presidential campaigns.
20-somethings average $45,000 in debt
by Stacey Vanek Smith
iStockPhoto
Student loans, credit cards, car loans, and mortgages weigh on Generation Y. What does the mounting debt for these young adults mean for the economy?
U.S. warns Europe on ‘draconian’ austerity
Treasury Secretary Tim Geithner testifies on Capitol Hill Tuesday about the European Debt crisis, urging European countries to avoid 'draconian' budget cuts that could make matters worse.
Law school entrance exams down 16 percent
by Scott Tong and Jeremy Hobson
The number of students taking the test to go to law school fell to its lowest level in 12 years, according to the latest data from the Law School Admission Council, which administers the test.
New building permits hit highest level since 2008
by Stacey Vanek Smith
Justin Sullivan/Getty Images
The number of new homes starts last month fell, but a rise in future home-construction plans gave economists hope that the housing market has stabilized
Brazil spill prompts new deep-water drilling lawsuit
by Scott Tong
An oil spill off the coast of Brazil last November is the subject of a lawsuit this week. Brazil is suing Chevron and Transocean over the spill.
Podcast: Housing optimism and law-school pessimism
by Jeremy Hobson and Stacey Vanek Smith
Justin Sullivan/Getty Images
The number of new homes starts last month fell, but a rise in future home-construction plans gave economists hope that the housing market has stabilized. Meanwhile, the number of new students taking the law-school entrance exam dropped to the lowest level in 12 years. Also on the show, China announced a major increase in gas prices, a reported delay in cleaner fuels could harm the new engines designed to burn it, and an oil spill off the coast of Brazil last November is the subject of a lawsuit this week. Plus, our interview with the author of a story that makes comparisons between Mitt Romney's GOP campaign and that of French President Nicolas Sarkozy.
Big Obama donors missing in action
by John Dimsdale
President Barack Obama has raised just half of what he got from big donors at this point in his election campaign four years ago.
Delay in EPA gas rules may hurt cars
by Sarah Gardner
A reported delay in cleaner fuels could harm the new engines designed to burn it.
Tracking ad consumption online and off
by Jennifer Collins
Nielsen's new cross-platform service brings together two worlds – TV and online – and gives advertisers a better sense of who's watching.
China to hike oil prices, risk slower growth
by Rob Schmitz
China's government has announced a 7 percent oil price increase. The hike could slow growth but some say it might also reduce wealth inequality.
Analyst: There’s confidence in the housing market
by Juli Niemann
Rise in new building permits attributed to good winter weather, increased demand for housing, and an economy that "isn't getting worse."

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Marketplace Morning Report for Tuesday, March 20, 2012

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Segments From This Episode