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Mar 3, 2009

Marketplace Morning Report for Tuesday, March 3, 2009

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Marketplace Morning Report for Tuesday, March 3, 2009

Segments From this episode

World markets might need a miracle

Mar 3, 2009
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.

Citi will help jobless homeowners

Mar 3, 2009
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 launching in a bad time

Mar 3, 2009
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.

Stimulus spending is visible online

Mar 3, 2009
Starting today, federal agencies must disclose how they're spending their share of the near $800 billion stimulus package. Ronni Radbill explains how the use of online reports could help improve government transparency.

Auto industry can putter on used cars

Mar 3, 2009
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.

EPA gives U.S. cities 'Energy Star' label

Mar 3, 2009
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.

When's this free fall going to end?

Mar 3, 2009
As international markets appear to make a free fall, investors wonder how loyal they should be to their portfolios. Steve Chiotakis surveys the situation with market strategist David Buick from the Cantor Index in London.

Helping bad news go down easier

Mar 3, 2009
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.

Senate tackles credit card regulation

Mar 3, 2009
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.

The team

Stephen Ryan Producer, BBC