07/08/11
Marketplace Morning Report for Friday, July 8, 2011
Episode Description:
Marketplace Morning Report for Friday, July 8, 2011
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Goolsbee: Keep jobs report out of debt talks
The chairman of the White House Council of Economic Advisors tells Marketplace that lawmakers 'shouldn't be using data as a leverage point for negotiations' about the debt ceiling. But the weak jobs report should be 'a call to action' for White House and Congressional leaders.
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Will a 9.2% unemployment rate add up to new calls for more stimulus?
Liberal economists say we're already seeing what happens when stimulus runs out: today's jobs report shows that government cut 39,000 jobs in June.
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Will today's weak jobs report impact the debt debates?
Chris Low, chief economist with FTN Financial, explains today's jobs report from the Labor Department, and how the numbers could affect the debt talks in Washington.
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Jobs barely rise, but not all hope is lost
Jill Schlesinger, editor-at-large at CBS/MoneyWatch, takes a look at today's job report from the Labor Department, and shares her hopes for a continued recovery.
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A lack of weapons, ammunition add to the Libyan unrest
Libyan rebels continue to rally against Colonel Gaddafi and his supporters, despite a shortage in arms and ammunition.
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Job growth expected, but not in all sectors
Today we'll get the official jobs report from the Labor Department. Early estimates from economists are predicting that the economy added north of 100,000 jobs in June -- but that growth isn't happening everywhere.
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Will investors flip for Zillow?
Online real estate company Zillow has released some more details about its planned initial public offering. But with the housing market in shambles, is the timing right for a real estate website to go public?
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South Sudan plans for the 'little things' it takes to start a country
Tomorrow, the Republic of South Sudan will become the 193rd country of the world. But it takes more than just a name to become a country, as the BBC's Peter Martell explains.
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Small island has big ambitions in space
The Isle of Man lies in the Irish Sea between Britain and Ireland. The tiny tax haven is drawing in companies involved in the space tourism industry.
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Where the jobs are: car towns
Auto makers both domestic and foreign are hiring in the U.S. as they expand production of small, high-mileage cars.
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Tabloid scandal could impact future News Corp. deals
British Prime Minister David Cameron held a press conference today where he said British politicians should not have ignored the phone hacking scandal. And Cameron also discussed how the issue could impact a major acquisition by Rupert Murdoch.
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The last shuttle for innovation
The space program's incubated hundreds of innovations from medicine to sports.
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