01/04/08
Marketplace Morning Report for Friday, January 4, 2008
Episode Description:
Marketplace Morning Report for Friday, January 4, 2008
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Jobless claims higher than expected
The new job numbers out today from the Labor Department are much worse than economists expected. Janet Babin reports increased unemployment could weigh on consumer confidence and spending.
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Labels anticipate year's big hitters
Between Madonna's send-off album with Warner Brothers, a buzz around U2's upcoming release and the return of Usher, the music industry is hoping for a good year. Doug Krizner talks to Billboard's Bill Werde.
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Mortgage brokers starting to register
To combat abusive lending practices, seven states have launched a standardized registry for mortgage brokers. Eventually, regulators nationwide will know about those who fail to register. Steve Tripoli reports.
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Violence closing Kenya for business
Kenya's unrest has resulted in a temporary close of its stock market, looted stores and significantly reduced trade. Gretchen Wilson reports on the economic damage from the violence.
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Florida citrus may have dodged bullet
Yesterday's snow in Florida had many citrus growers up all night checking the temperatures of their groves. But Dan Grech reports damages might have been avoided because of winds that helped to mitigate frost.
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Business wish list for next leader
As the presidential race takes shape, Marketplace will be taking a look at what businesses want from the next president. Danielle Karson reports energy and health care are among the top issues.
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Naples throwing away its cheese
The streets of Naples, Italy are filling up with garbage thanks to the country's mafia. Rome correspondent Megan Williams tells Scott Jagow the problem is having a devastating effect on the local cheese industry.
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