Segments From this episode
Last night, a vote on Republican Speaker John Boehner's debt reduction plan was postponed. And some former Treasury Department officials say the debt ceiling is pointless.
Congress postponed a key vote on a Republican debt reduction plan, and pushed the decision back even closer to the deadline. But to those who study human behavior, it's not exactly procrastination.
China owns nearly $1.2 trillion of U.S. debt. And with worries over a default or credit downgrade, why doesn't China stop investing in the U.S. economy?
U.S. growth figures out today reinforce the sluggish pace of the U.S. recovery, but it's not all bad according to economic Chris Low of FTN Financial. Weekly jobless claims, which can be used to measure layoffs, have improved since July.
Marketplace Morning Report for Friday, July 29, 2011