Marketplace Morning Report for December 23, 2009

Episode Description 

Income, spending point to a turnaround

The government says personal income rose in November at the fastest pace in six months. And our spending increased as well. So, how pleased should you be? Bill Radke gets the opinion of economist Richard DeKaser.
Posted In: Economy, Retail

Bad economic news for Britain

The number of long-term unemployed in Britain has doubled since last year -- 2.5 million people are out of work. It's the only G20 nation still in recesssion. Stephen Beard reports.
Posted In: Economy

Germans to take a rest from shopping

In Germany, stores are allowed to be open just 10 Sundays a year, which usually includes the Sundays before Christmas. Until now. Kyle James reports.
Posted In: Retail

Yahoo! takes holiday shutdown offline

Yahoo! has announced it is closing its offices between Christmas and New Year's. The Web site won't shut down, but the media giant's telling most of its workers to stay home next week. Why? Amy Scott reports.
Posted In: Internet

Can postal service continue to deliver?

The U.S. Postal Service says it will lose more than $3 billion this year and $8 billion next year. Can anything be done to save it? Bill Radke gets the views of Los Angeles Times business columnist David Lazarus.

Paper greeting cards aren't folding yet

How much of a future do paper greeting cards have in the era of Facebook and Twitter? Sabri Ben-Achour reports on how the greeting card business is changing.
Posted In: Retail

New-home sales take a dive

We've gotten a lot of good news from the housing market in recent weeks. But today some not-so-great news. New-home sales dropped 11% in November to their lowest level in seven months. Mitchell Hartman reports.
Posted In: Housing