The Market: March 9, 2012

The Market: March 9, 2012

This was a week of big battles. Advertisers fled Rush Limbaugh after he called Sandra Fluke a slut for testifying before Congress about the need for paid birth control. Republican candidates duked it out on Super Tuesday, with Romney eking out victories in the crucial battleground state of Ohio and a smattering of other states, and Santorum nabbing Tennessee and Oklahoma.

But Super Tuesday was decidedly not a super day for the market. That day, concern about the global economy and Greece's ability to garner support for its latest bailout drove stocks down, with the Dow Jones Industrial Average losing more than a quarter of the gains it has made since the New Year.

As with last week, Apple was one bright spot in the news. The tech giant unveiled, to oohs and ahhs, a new iPad featuring a sharper display and the ability to connect to 4G networks; it is expected to hit store shelves on March 16.

Meanwhile, some other news showed us that it's still an up-and-down ride when it comes to our economy. This week, we look at just how the growth in the recovery has been split between the 1% and the 99% (hint, rather lopsidedly), and why 40% of adults aged 18 to 39 have been living with their parents.

The 1% Gets 93% of the Growth From the Recovery

Well, that explains why a lot of Americans aren't feeling the recovery. But don't despair: Find out what to do during a challenging time.

Young Adults, Bearing Brunt of Recession, Live at Home in Droves

40% of adult children are living at home with their parents—even up to age 39. Find out why, when it makes sense and how to manage the situation.

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