Marketplace Midday Update, Friday, January 15, 2010

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MARKET UPDATE at 12:45 p.m. EST DOW -118.73; NASDAQ -30.17; S&P 500 -13.95 Marketplace Minute With Bill Radke Watch Marketplace Morning Report host Bill Radke cram all the week's business news into a 60-second poem. LATEST NEWS FROM MARKETPLACE Listen to today's Morning Report | Marketplace Morning Reading Happy Friday. Among this morning’s items -- Paul Krugman weighs in on the FCIC hearings, one columnist says Geithner should get a pass on AIG and another one got socked with 703% credit card APR??!! LATER TODAY ON MARKETPLACE Instead of paying for their credit-card debt, consumers are increasingly walking away. Where is that debt going? Stacey Vanek-Smith reports. The North Face is one of the most popular wilderness brands. But the company isn't too happy about one aspiring teenage entrepreneur's knock-off brand called The South Butt. Adam Allington reports. Haiti is in desperate need of food, water and other critical supplies after it was struck by a massive earthquake. But the country also needs a whole lot of money because it doesn't have insurance. Jeff Tyler reports. Tune in to your local broadcast or listen online STORIES FROM MARKETPLACE MORNING REPORT Figure skating won't slip from ratings U.S. figure skating doesn't enjoy the same mega-ratings it did when it boasted names like Nancy Kerrigan and Tonya Harding. But as the top sport in the Olympic Winter Games, fans are still expected to tune in. Mitchell Hartman reports. Values can shape economic recovery We've pinpointed the reasons for the financial collapse, now what can we learn from it? Bill Radke talks to Reverend Jim Wallis, who says re-examining morals can influence a strong economic recovery. Europe responds to new U.K. bank tax Three of Britain's biggest banks are facing billions in fees, and European banks are nervous about the consequences. Bill Radke talks to Marketplace's Stephen Beard about why bankers are worried. MARKETPLACE MONEY PERSONAL FINANCE IRS gets tough on tax preparers GFEs help clarify mortgage terms Escaping the mortgage battlefront 2010 money goals from our listeners How to be sharp in video job interviews Will Dodd act with time left in office? Accident inspires budgeting strategy Money lessons from The Simpsons More from Marketplace Money Subscribe to the Marketplace Money newsletter SPONSOR Coverage from Marketplace, Marketplace Morning Report and Marketplace Money plus Web extras. SPECIAL REPORTS AND FEATURES We're on Twitter Get an early heads-up of what's coming up on the show and other tidbits from the business day. Follow us   Working Intimate profiles of real people with real families, real struggles, real dreams and real jobs. Meet them   Conversations from the Corner Office Marketplace goes one-on-one with CEOs, company founders, head honchos. Sit in The Next American Dream Marketplace looks at four pillars of the American Dream and how they're changing. Follow the Dream.

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