10/23/09 – the Grio & CNBC Market Wrap Up

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TheGrio and CNBC team up to deliver a weekly wrap up of money matters and market updates for our community.

CNBC’s Shartia Brantley reports that the Federal Reserve continues to see modest improvements in the overall economy. Housing starts rose by 0.5 percent and home sales posted a 9.4 percent increase in September. The Tarp program used to assist big banks during the financial crisis will now help community banks lend to small businesses by reducing their interest rates.

Watch the video, exclusively on theGrio.com