Segments From this episode
The state recently came upon a surprise surplus of money in the budget. Some want to reinstate funds into the K-12 school system, while others argue the money should go back to taxpayers.
Christine Lagarde is preparing to assume her new role as the head of the International Monetary Fund. But she has to be careful not to show favoritism to Europe, and to not upset international donors.
Germany is being asked to pay more than any other country to help bailout Greece, but Germany's citizens resent Greece's opposition to tough budget cuts.
Simon Johnson, professor at MIT and a former chief economist at the IMF, says newly appointed International Monetary Fund chief Christine Lagarde will favor the interest of French banks, and that the IMF missed an opportunity to emphasize foreign markets.
Bank of America will pay $8.5 billion to settle claims that the lender sold bad mortgage-backed securities to investors that went bad when the housing boom went bust.
Richard DeKaser, economist with the Parthenon Group, explains Bank of America's $8.5 billion settlement over risky mortgage backed securities.
Thousands of Greek citizens took to the streets today to protest parliamentary passage of new, tougher austerity measures. Joanna Kakissis explains from Greece.
Social gaming giant Zynga plans to file for an initial public offering this week -- hoping to raise up to $2 billion from investors. Marketplace Tech Report's John Moe explains.
Marketplace Morning Report for Wednesday, June 29, 2011