Segments From this episode
World markets are down this morning following the Dow's 300-point drop yesterday, closing at below 7,000 points. Andrew Hilton from the Center for the Study of Financial Innovation tells Bill Radke it may take divine intervention to get the markets going again.
Citigroup has a plan to help homeowners who have lost their jobs by lowering mortgage payments to about $500. Dan Grech explores the details of the deal, who it helps and potential caveats.
Reader's Digest will be launching new titles to expand readership. The publication needs to come up with a more effective way to pay off its $2 billion debt. Ashley Milne-Tyte looks into whether this is a smart move for the magazine.
The market for used cars is finding some benefits in the downtrodden economy, as some consumers look to previously owned vehicles for more value. Some lots are even devoting more space to used cars. David Chong reports.
The EPA releases its ranking today for the top 10 U.S. cities with the most energy efficient buildings? Sarah Gardner explains why states like California and Texas rank among the most energy-conscious.
Michigan is one state that's had a particularly rough time with layoffs. At least the state's Chamber of Commerce has been trying to help employers deliver the bad news. Dustin Dwyer went to a seminar to learn more.
The Senate Banking Committee is looking at what they can do to curb sky-rocketing credit card bills. The committee hopes to protect users against things like retroactive interest-rate hikes. Jennifer Collins reports.
Marketplace Morning Report for Tuesday, March 3, 2009