Marketplace for 7/17/2013 - Are bank profits a good thing?
Fed chairman Ben Bernanke is visiting Capitol Hill to explain to Congress the nation's monetary policy and the Fed's outlook on reducing economic stimulus. Wall Street is watching closely. But the financial world is also paying attention to bank earnings: Bank of America is the latest major U.S. bank to report good news on that front. But for the rest of us, do bank earnings mean anything for our well-being? Also, Google is reportedly in talks to stream TV channels over the internet. The future of TV may just be, simply, the internet.