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With the help of our economic analyst richard gill, well find out on this edition of economics usa. Im david schoumacher. We like to think of our economy as one that runs on competition. For instance, we can choose the brand ofasoline weuy. If one station sets its prices too high, thene can simply go across thet if one station for a lower price. O high, if enough drivers pass the highprice station by, sooner or later it goes out of business. Of course, if in order to attract business a station sets its prices too low and cant cover costs, sooner or later itll go out of business, too. But what ...

We like to think of our economy as one that runs on competition. For instance, we can choose the brand ofasoline we buy. One station sets its prices too high, thene can simply go across the stet one station for a lower price. O high, if enough drivers pass the highprice station by, sooner or later it goes out of business. Of course, if in order to attract business a station sets its prices too low and cant cover costs, sooner or later itll go out of business, too. But what happens to prices if one company, or one person, controls all the gas stations . That was what the country faced in 1890. ...

Monetizing mobile, and contrary to popular belief, teens are still using it. And General Motors is beating expectations and showing signs of improvement in europe. Plus one of the cars gets a rare award from Consumer Reports. And michael dell is writing a letter saying that he at peace because of what shareholders make. And sac capital could come the kaye and we could come today, and we could have more on that. And at least eight wall street firms raising the stock on facebook and the stock is growing after the Second Quarter results were out last night. They make up 41 of facebooks edadvertis...

Many distractions around them. First parades of the mardi gras carnival kicked off this weekend. They continue throughout the week with a break on super bowl sunday. Even though new orleans has hosted the super bowl several times before, this is only the second time that both events have coincided. More than a Million People are expected in new orleans for these two monumental events. Reporting live outside the new 49ers stadium here in santa clara, bob redell, nbc bay area news. So far the team seems to be in a relaxed mood, just soaking everything up. Quarterback Colin Kaepernick was so exci...

Orders and sales in italy, orders flat on the month, down. 2 on the month for sales and down nearly 5 on the year. So confirming some of the weakness that we know weve seen previously in the italian economy. Meanwhile, another gauge perhaps for the euro as we look to the strength of it lately. Thats the current counselor plus which in october was an adjusted 3. 9 billion euros, up quite a bit from the 2. 5 billion reported for september. Now that also comes after a day after the European Unions report suggesting that in fact the European Union would have to run a surplus, given its poor demogr...