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Marketplace Morning Report for Friday, June 3 2011

Episode Description 
Marketplace Morning Report for Friday, June 3, 2011

The U.S. economy adds only 54,000 jobs in May

May job growth reached a nine-month low as the Labor Department announced unemployment grew to 9.1 percent. Chris Low, chief economist with FTN Financial, explains.
Posted In: Jobs

Sony Pictures website hacked

As the company continues to recovery from the recent hack of its PlayStation Network, Sony has been hit once again by an attack -- this time on its movies site.

Unemployment ticks up to 9.1% in May

The U.S. Labor Department reported this morning that the unemployment rate rose to 9.1 percent in May and employers hired only 54,000 new workers -- the fewest in eight months.
Posted In: Jobs

OPEC meeting to discuss unrest in Libya

The Organization of the Petroleum Exporting Countries will meet next week to discuss high oil prices and concerns over future global demand, as well as production cuts in Libya and the continuing turmoil in North Africa.

Fiat to buy U.S. Treasury's sake in Chrysler

The Italian automaker will pay $500 million for the U.S. government's remaining 6 percent in Chrysler -- allowing Fiat to gain the majority stake in the American automaker.
Posted In: Auto

St. Louis football fans concerned over stadium, not lockout

The St. Louis Rams' home stadium -- the Edward Jones Dome -- was ranked the worst stadium in the NFL. Now St. Louis residents are faced with a tough decision: pay for stadium renovations, or lose the beloved team.
Posted In: Sports

Will Groupon survive the hype?

Online daily deals website Groupon announced its planned IPO yesterday. But with a concept so simple, can it survive the hype?
Posted In: Wall Street

GOP argues spending cuts help private sector

Spending cuts are likely to be part of any deal to lift the debt ceiling. Conservatives argue without these cuts, raising the debt ceiling just hurts private sector jobs.

Arizona faces challenges after legalizing medical marijuana

Although the state has legalized medical marijuana, a recent lawsuit against the federal government is complicating the situation.
Posted In: Crime

Music from this show

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Let There Be Horns
RJD2
Point Blank (Instrumental)
Sign Of The Times
If You Got Love [Explicit]
Non Phixion
Milton Road (My Skull With Flowers mix by Kim Hiorthoy)
Mice Parade