Marketplace Morning Report for Friday, January 14, 2011

Episode Description 

Putting tax refunds on prepaid cards could benefit government

The government is offering Americans who earn less than $36,000 to get their tax refund on a prepaid card. It'll be useful for customers without checking accounts, but as David Gura reports, it's also mostly at the benefit of the government itself.

Banks' profits may include reserves -- but that may be a good thing

As banks start to report their earnings for the year, some analysts may warn that the numbers a bit inflated because the banks are counting the reserves they set aside before the meltdown. But counting those reserves now isn't really being untruthful, report Bob Moon.
Posted In: Banks

In Riviera Maya, tourism may be hurting the attraction

Tourism along Mexico's coast is expected to grow in 2011. It's helping the country's suffering economy, but continued development may also be hurting the area's main attraction: the coral reef and beaches. Eve Troeh reports on how the government is trying to respond.
Posted In: Mexico, Travel

The outlook on food prices

Food prices are climbing higher and higher. Adriene Hill explains what's going on to Steve Chiotakis, and talks about who might be profiting from the price spike.
Posted In: Agriculture, Food

IRS website offers free online tax preparation

Beginning today, taxpayers with lower incomes can go on the IRS website and prepare and file federal tax forms for free. John Dimsdale reports.

Bank dividends could be back, according to analysts

For a couple of years, big banks stopped paying out dividends to their investors. But with big profits returning to the banking sector, analysts say those dividends could be back.
Posted In: Banks

Gary Shilling: U.S. corporate tax rate

Jeremy Hobson speaks with economist Gary Shilling about Timothy Geithner's discussing the nation's corporate tax code with business leaders.

December retail sales up six-tenths of a percent

The Commerce Department reports retail sales were up six-tenths of a percent for the month. Jill Schlesinger explains.

KPMG offers an accounting degree program for British high school grads

The accounting giant KPMG has launched a new scheme: offer British high school graduates free college tuition, accommodations and a yearly salary of $30,000. The catch? The degree program is in accounting. Stephen Beard reports.

Tunisian citizens protest the President, lack of civil liberties

In the North African Mediterranean country, Tunisia there is a general strike following a month of deadly violence. Protesters have taken to the streets, protesting food prices, unemployment, the lack of civil liberties and the President.

Geithner meets with corporate executives to discuss streamlining the tax system

It's been 25 years since the last overhaul of the U.S. code. But some think the economy and the politics are finally aligned for another overhaul. John Dimsdale explains.
Posted In: Taxes

Music from this show

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For a a Few Dollars More
Will T. Bear
Disco China
Goblin
Hurricane Jane (Album Version)
Black Kids
Junior Kickstart
The Go! Team

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