Segments From this episode
Illinois state legislators passed a 66 percent income tax increase in an effort to close a $15 billion hole in the state budget. John Dimsdale explains.
A landmass one and a half times the size of Texas is still underwater in Australia. Stuart Cohen explains what this means for the Australian, and global economy.
Many criticized Airbus's announcement to upgrade the A320 NEO with a more fuel efficient engine. According to Airbus rival, Boeing, most airlines would prefer to wait for an all-new model. However in light of a recent sale, Boeing may be following in Airbus's footsteps. Stephen Beard explains.
Jeremy Hobson speaks to Amanda Vinicky, Statehouse Bureau Chief for WUIS Illinois Public Media, and John Dimsdale, Marketplace Washington Bureau Chief about the tax increase decisions in Illinois, and the implications for the rest of the country.
For the first time, China's largest state bank is allowing its customers to trade its currency in the United States. And it has some people talking about the Yuan becoming a global currency. Rob Schmitz explains.
Walmart has been trying to open stores in New York City for nearly a decade, but has always been met with fierce opposition from lawmakers and unions. Now the retailer is taking its message straight to the citizens themselves.
New data shows that home prices are falling again, while mortgage rates are up .75 percent since late fall. Foreclosures are dragging the market down even farther. Mitchell Hartman reports on the possibility of a double-dip in the housing market.
Marketplace Morning Report for Wednesday, January 12, 2011