Segments From this episode
Inner Mongolia was once one of the poorest areas of China. Not anymore. The Inner Mongolian city of Ordos now has the highest per capita GDP of any city in China. This rags-to-riches story has come to symbolize the rapid development of a nation as a whole. But it's come with some growing pains. Rob Schmitz reports.
California legislators no longer have to have a two-thirds majority to pass a budget -- thanks to the passage of Prop. 25 -- but that still doesn't fix California's money problems.
President Obama pledged to work with Republicans after they seized control of the House, riding to victory on a vow to control spending. Washington bureau chief John Dimsdale talks with Bob Moon about how Republicans plan to rein in spending, how that might affect our fragile recovery, and what will become of the Bush-era tax cuts.
Now that the elections are over, it's time to take a look at what the new government will mean for the country's future. Most at stake? The economy. So how will the new Republican-led House affect the Fed's moves? Stacey Vanek Smith reports.
Having won control of the House of Representatives, Republicans are making claims that they will work to repeal President Obama's health care and financial reform laws. But they haven't gotten specific as to how they plan to do it. Nancy Marshall Genzer reports.
Marketplace for Wednesday, November 3, 2010