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Marketplace Morning Report for Friday, July 31, 2009

Episode Description 
Marketplace Morning Report for Friday, July 31, 2009

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.
Posted In: Health

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.
Posted In: Investing

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.
Posted In: Retail, Wall Street

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.
Posted In: Retail, Taxes

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.
Posted In: Health, Retail

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.
Posted In: Investing

'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.
Posted In: Auto