Marketplace Morning Report for Friday, July 23, 2010

Episode Description 
Marketplace Morning Report for Friday, July 23, 2010

Parting shots with Scott Tong

Steve Chiotakis talks to Scott Tong, Marketplace's outgoing China correspondent who will be reporting from Washington D.C. soon, about his final thoughts on the country he covered for 3.5 years.

Umemployment could stay this high for a decade

Former Labor Secretary Robert Reich gives a forecast for unemployment and denotes what a healthy level of unemployment should look like.
Posted In: Jobs

Kindle isn't kind to poetry

Former U.S. poet laureate Billy Collins talks to Bill Radke about why electronic reading devices aren't well-suited to poetry.

New for-profit college loan rules consider students' earning potential

The Department of Education is proposing some controversial new rules for for-profit colleges. The industry's been under attack for heavy student debt loads.
Posted In: Education

Europe's stress test ignoring default scenario

Regulators in London will give a grade to more than 90 banks in Europe. But critics say the stress tests ignore a eurozone restructuring/default scenario.
Posted In: Banks

VIDEO: No summer break for bad credit

This week: Killer earnings, Bad credit's not turning, climate issues still burning, and don't sit under a coconut tree.

Senate Democrats switch focus off climate change bill

Senate Democrats have given up on passing a major climate change bill this summer in favor of more popular items, like oil spill regulation.

Twitter to open data center in Utah hoping Fail Whale won't follow

Twitter is making an attempt to put the Fail Whale to rest by building its own data center.
Posted In: Internet