Marketplace®

Daily business news and economic stories
Jan 9, 2013

Marketplace Morning Report for Wednesday, January 9, 2013

The board of the bailed out insurance giant AIG will meet today to consider whether the company should join a $25 billion shareholder lawsuit against the U.S. government — against the very same government that saved AIG during the financial crisis. The latest airline fare hike seems to have fizzled. United raised prices last week, and Delta followed suit. But both airlines rescinded the increase after a competitor refused to play along. And are we transitioning from a homeowner’s economy to a home-renter’s economy?

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The board of the bailed out insurance giant AIG will meet today to consider whether the company should join a $25 billion shareholder lawsuit against the U.S. government — against the very same government that saved AIG during the financial crisis. The latest airline fare hike seems to have fizzled. United raised prices last week, and Delta followed suit. But both airlines rescinded
the increase after a competitor refused to play along. And are we transitioning from a homeowner’s economy to a home-renter’s economy?