Marketplace Morning Report for Friday, August 20, 2010

Episode Description 
Marketplace Morning Report for Friday, August 20, 2010

Video: Potash and cash

Bill gets a little help this week from a listener. And tackles fertilizer, jobless claims, profits, olive oil and the BP spill.

A look at jobless claims, mergers

Chris Low, chief economist at FTN Financial, talks with Bill Radke about why he says the gloom over this week's economic data is a little overdone.

A rise in hardship withdrawals

A new report from Fidelity Investments says more Americans are dipping into their 401(K)s and other similar funds. Jill Schlesinger, editor-at-large at CBS MoneyWatch, talks with Steve Chiotakis about why a record number of people are making hardship withdrawals.
Posted In: Retirement

Smucker's squeezes out new products

Jam maker Smucker's reported its profits rose slightly in the last three months. The company is a dominant player in the food industry, and it plans to roll out dozens of new products in the coming months. Jeff Tyler reports.
Posted In: Food

A rap advocating for Elizabeth Warren

President Obama still has yet to nominate anyone to head the new post of Consumer Financial Protection Bureau. But one group is pushing for Harvard law professor Elizabeth Warren to be nominated and has come up with a song and video for her. Rapper Ryan Anthony Lumas talks with Steve Chiotakis about the song.
Posted In: Music

The economy's role in Aussie election

Australians will soon take to the polls for its federal election. And the economy is taking center stage.

Refinancing demand at 15-month high

The economic recovery seems to be sputtering. We learned that manufacturing is once more in the doldrums and claims for unemployment benefits are increasing again. The silver linings in these clouds are kinda hard to come by. But we found one. John Dimsdale reports on mortgage rates.
Posted In: Housing

Which country drinks the most coffee?

On a per person basis, which country drinks the most coffee? The Globalist's Stephan Richter quizzes Bill Radke.
Posted In: Food

Transocean: BP holding back rig data

BP insists that it is not hiding any information about the Deepwater Horizon disaster in the Gulf of Mexico. But the rig's actual owner, Transocean, claims that BP is holding back data that will help shed light on why the rig exploded. Stephen Beard reports.
Posted In: Oil

American Airlines hit with huge fine

Federal regulators plan to slap a $25 million penalty against American Airlines for canceled flights and maintenance problems from 2008. Reporter Gregory Warner talks the details with Bill Radke.
Posted In: Airlines

Music from this show

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Milton Road (My Skull With Flowers mix by Kim Hiorthoy)
Mice Parade
Cornflake Girl
Tori Amos
Remind Me In 3 Days...
The Knux
Gimme Shelter
International Yoyo Orchestra