Marketplace®

Daily business news and economic stories
Jan 30, 2015

Marketplace for Friday, Jan. 30, 2015

Airing on Friday, Jan. 30, 2015: Home ownership fell to its lowest level in many years. One reason for that? As households form, they rent before they buy, so housing can be a lagging indicator. Plus, in response to consumer outrage, Intuit has reversed changes to its TurboTax program that had effectively resulted in a 50 percent price increase for many filers. How did the company royally misread its market and can it recover?  

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Airing on Friday, Jan. 30, 2015: Home ownership fell to its lowest level in many years. One reason for that? As households form, they rent before they buy, so housing can be a lagging indicator. Plus, in response to consumer outrage, Intuit has reversed changes to its TurboTax program that had effectively resulted in a 50 percent price increase for many filers. How did the company royally misread its market and can it recover?