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Mar 20, 2012

Marketplace Morning Report for Tuesday, March 20, 2012

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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…

Segments From this episode

How Mitt Romney and Nicolas Sarkozy are similar

Mar 20, 2012
One is seen as a family man, one isn't. But they both are struggling to relate to voters in their presidential campaigns.
Mitt Romney speaks at a Super Tuesday night gathering at in Boston, Mass; Nicolas Sarkozy delivers a speech in Lyon, central eastern France. Both candidates are currently struggling to relate to voters in their respective electorates.
Justin Sullivan/LIONEL BONAVENTURE/AFP/Getty ImagesGetty Images

20-somethings average $45,000 in debt

Mar 20, 2012
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?
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?
iStockPhoto

U.S. warns Europe on 'draconian' austerity

Mar 20, 2012
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

Mar 20, 2012
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

Mar 20, 2012
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
Construction workers build new homes at a new housing development in Petaluma, Calif. The Census Bureau reported a rise in building permits, signaling a comeback in the housing market, according to some economists.
Justin Sullivan/Getty Images

Brazil spill prompts new deep-water drilling lawsuit

Mar 20, 2012
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

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…
Construction workers build new homes at a new housing development in Petaluma, Calif. The Census Bureau reported a rise in building permits, signaling a comeback in the housing market, according to some economists.
Justin Sullivan/Getty Images

Big Obama donors missing in action

Mar 20, 2012
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

Mar 20, 2012
A reported delay in cleaner fuels could harm the new engines designed to burn it.

Tracking ad consumption online and off

Mar 20, 2012
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

Mar 20, 2012
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

Mar 20, 2012
Rise in new building permits attributed to good winter weather, increased demand for housing, and an economy that "isn't getting worse."

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.

The team

Stephen Ryan Producer, BBC