Marketplace Morning Report for Friday, March 13, 2009

Episode Description 
Marketplace Morning Report for Friday, March 13, 2009

OPEC gauging another production cut

The U.S. trade imbalance is at a six-year low, and many people wonder how low foreign oil demand can go. Bill Radke talks to Financial Times correspondent Carola Hoyos about whether OPEC members will once again cut production.
Posted In: Oil

Ratings idling for American Idol

American Idol has wrapped up its first week of the new season, and ratings suggest the show is losing younger viewers. Bill Radke talks to Variety's Michael Speier about whether the show has hit its peak.
Posted In: Entertainment

Linking exec pay to the long term

Democrats are talking up a plan today to make executive pay-outs commensurate with long-term performance. But some are worried about the government's role in that kind of pay shift. Ashley Milne-Tyte reports.
Posted In: Jobs

Stimulus guidelines out for spenders

The Obama administration unveils today unveils some stimulus guidelines on how state and local governments can and can't spend their share. John Dimsdale reports why federal officials are warning them to be careful.

China to U.S.: Maintain your credit

Chinese Prime Minister Wen Jiabao is worried about the safety of China's $700 billion in U.S. Treasury bonds. In a press conference, he asked the U.S. to "maintain its good credit." Scott Tong reports.

U.S. job applicants settling for less pay

Some experts on the U.S. job market are saying things have gotten so bad that applicants are willing to drop two rungs in salary and stature to get a job. Jeremy Hobson crunches the numbers and finds out why some are willing to settle.
Posted In: Jobs

G20 summit risks accomplishing little

British Prime Minister Gordon Brown has high hopes for next month's G20 summit in the U.K., but critics say a split between the U.S. and continental Europe could result in little being achieved. Stephen Beard reports.

Lackluster turnout expected for MLB

It's looking like ticket sales will be in decline when Major League Baseball kicks off in just a few weeks. Steve Chiotakis explores the reasons for the lackluster numbers with sports commentator Diana Nyad.
Posted In: Sports

U.S. biodiesel now costlier in Europe

The E.U. is slowing the flow of U.S. biodiesel into Europe. As of today, all American exporters will have to pay a tariff to sell the plant-based fuel over there. Caitlan Carroll reports how much more U.S. biodiesel will now cost in Europe.
Posted In: Auto

Black homeowners forced to subprime?

Today, the NAACP filed two class-action lawsuits against Wells Fargo and HSBC, claiming the two large banks forced African-Americans into subprime mortgages. Ashley Milne-Tyte reports.
Posted In: Housing

Music from this show

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Eyes On The Prize
Mavis Staples
Money Maker (Album Version (Edited)) [feat. Pharrell] [Clean]
Working For Vacation
Cibo Matto

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