07/31/09
Marketplace Morning Report for Friday, July 31, 2009
Episode Description:
Marketplace Morning Report for Friday, July 31, 2009
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0
'Cash for Clunkers' running out of gas
The government's Cash for Clunkers has been an instant hit -- so successful, in fact, that the car-swapping initiative may be out of money.
Steve Chiotakis talks to Marketplace's Mitchell Hartman about the program's possible next steps.
2
Plus-size business has big potential
Despite representing over one-fourth of the U.S. population, plus-sized people are often under-served in businesses. But some companies are popping up that embrace the physical differences. Rico Gagliano reports.
0
GDP results 'less bad' than expected
The Gross Domestic Product shrank last quarter
by 1 percent. a smaller decline than what economists expected. Bill Radke explores GDP in the bigger picture with Bankrate.com analyst Greg McBride.
0
New rules would rein in derivatives
Democrats are working on a bill that would force most credit-default swaps onto exchanges where they can be monitored by the government. Jeremy Hobson breaks down how these potential regulations would work and how they would help.
2
Health care reform hit with recess
It's recess time in Congress, and President Obama still hasn't reached his goal of putting health care reform on the fast track. Dan Grech explores how a five-week break might influence the proposed bill.
0
Bad acquisition hurt HSBC earnings
European bank HSBC reports its half-year earnings today, and analysts are forecasting a net loss of $600 million. Car loans and credit cards in the U.S. hurt the bank, as well as one particularly bad acquisition. Stephen Beard reports.
0
Mass. says goodbye to sales tax holiday
Consumers in Massachusetts have enjoyed a weekend-long holiday from state sales tax every August for the past five years. But this year, the break is gone and taxes are going up. Abigail Beshkin reports.
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