Marketplace Morning Report for Friday, August 7, 2009

Episode Description 
Marketplace Morning Report for Friday, August 7, 2009

What's good about the jobless numbers

Employers cut far fewer jobs than expected last month and the July unemployment rate came down from 9.5% to 9.4%. Reporter Jeremy Hobson talks with Bill Radke about how good this news really is, and how the rate dropped if so many people got laid off last month.
Posted In: Jobs

A V-shaped recovery for Germany?

Exports in Germany jumped 7% in June, and industrial orders continued to rise. Christopher Werth reports on whether the country is headed toward a V-shaped recovery.

Used car dealers aren't clunker crazy

Cash for Clunkers is being refueled with $2 billion. Dealerships are anxious for the program to go forward. Car sales are up because of the plan. But Stacey Vanek-Smith reports not every car lot is clunker crazy.
Posted In: Auto

Why AIG's 2nd-quarter earnings are up

Financial giant AIG is reporting its first profit since 2007. The troubled insurer says it made $1.8 billion in the second quarter. Mitchell Hartman reports on the company's crawl out of its bailout hole.
Posted In: Economy

Etiquette advice for the unemployed

Being unemployed can raise a lot of financial and emotional problems, as well as questions of etiquette. Adriene Hill reports.
Posted In: Jobs

U.S.-China trade spat brewing on tires

A trade spat between the U.S. and China is on the agenda in Washington. A U.S. trade representative is holding a hearing on tires and whether China exports too many to the U.S. Scott Tong reports.

Program keeps historic homes alive

Imagine living in a house rent or mortgage free. The catch: renovate it at your own expense. Cathy Duchamp reports on Maryland's historic home curator program.
Posted In: Housing

Music from this show

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M79
Vampire Weekend
Undone -- The Sweater Song
Weezer
Heretics
Andrew Bird
Missed The Boat (Album Version) [Clean]
Modest Mouse