Marketplace Morning Report for Friday, June 27, 2008

Episode Description 
Marketplace Morning Report for Friday, June 27, 2008

Behind Wall Street's sell-off

Wall Street is coming off a huge sell-off this morning. FTN Financial's Chris Lowe talks to Renita Jablonski about how it could have happened, the weather in the market now and whether we might bottom out any time soon.
Posted In: Wall Street

Summer movies hit and miss

Iron Man has surprised the box office by coming out ahead of Indiana Jones. Renita Jablonski talks to Variety Managing Editor Stuart Levine about what other films are doing well and what's been a disaster so far.
Posted In: Entertainment

Best cure for a financial hangover?

Wall Street got you feeling not so well this morning? Steve Henn hit the streets to hear favored cures for a hangover -- but points out it may not be enough to get us out of a rough economy in the next year.
Posted In: Wall Street

States seek flood repairs in budget

The waters have yet to recede in flooded towns along the Mississippi River, but many are thinking about reconstruction. Jeff Tyler reports repairs will challenge states that already had trouble balancing budgets before.

What's causing Wall Street's angst?

Major losses this week made this June the worst the Dow has seen in 78 years. Scott Jagow talks to Amy Scott in New York about what's causing the plunge and how psychology might play a role in the potential upswing.
Posted In: Wall Street

Manufacturers' presidential wish list

The presidential nominees have been hearing a lot from manufacturers about what they'd want out of their future leader. Nancy Marshall Genzer reports universal health care and China are two of several big issues.
Posted In: Auto

When churches cross the tax line

Churches usually don't have to pay property taxes, because the IRS considers them nonprofit causes. But when congregations meet in places that offer other services, the lines can be blurry. Ashley Milne-Tyte reports.
Posted In: Taxes

Reforming the cocoa bean genome

Drought and disease have harmed the crop of cocoa beans, doubling the price in many places. But government scientists are working with the cocoa bean genome to solve the productivity issue. Janet Babin reports.
Posted In: Economy

Gloomy mood in European markets

The week on Wall Street has been tough, and it's not ending well. Scott Jagow talks to Stephen Beard in London about the effect on the European markets, which has been partially motivated by a gloomy report on the Fed.
Posted In: Wall Street