Marketplace for Wednesday, June 27, 2012
Stockton, Calif., has become the biggest American city to declare bankruptcy. Meanwhile, New Orleans is topping the list of metro areas that have been recovering well since the recession. One California county is considering using eminent domain to help homeowners struggling with their mortgages. Mexico will hold elections for a new president this Sunday, and some Mexican nationals here in the U.S. will have considerable influence. Tess Vigeland talks to a business owner in Colorado who lost his restaurant to the wildfires there. And the Wealth & Poverty Desk looks into who makes up the working class.