Mar 8, 2013

Marketplace Morning Report for Friday, March 8, 2013

The Transportation Security Administration announced this week that it will allow small pocket knives and certain sports equipment back on planes for the first time since the 9/11 attacks. The Dow Jones Industrial Average has hit yet another all-time high -- and the world is following suit. Global shares are at their highest level since June of 2008. And Chelsea, a neighborhood in Manhattan that has long been a magnet for art, is starting to get too pricey for galleries.

Segments From this episode

6 degrees of sequestration

The sequester vs. the jobs recovery

by Mitchell Hartman

Mar 8, 2013

The Labor Department's jobs report for February is expected to be decent: Signs are that the labor market continues to improve. Aren't the sequester's budget cuts going to have any effect?

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Chelsea 2.0: Art galleries get priced out in NY

by Stacey Vanek Smith

Mar 8, 2013

Manhattan's Chelsea neighborhood has long been a hub for art galleries. But now tech and other companies are moving in -- and rents are becoming unaffordable for the arts.

A woman stands next to a work of art entitled 'Historic Photographs.' Manhattan's Chelsea neighborhood has long been a hub for art galleries. But now tech and other companies are moving in -- and rents are becoming unaffordable for the arts.

Geoff Caddick/AFP/Getty Images

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New TSA knife policy angers flight attendants

by Marketplace Contributor

Mar 8, 2013

The Transportation Security Administration has announced a policy change that would allow airline passengers to carry small knives and sports equipment onto planes, beginning next month. Flight attendants and air marshals protested.

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Unemployment falls to 7.7%, 236,000 jobs added

by Jeremy Hobson

Mar 8, 2013

The Bureau of Labor Statistics is reporting that the economy added 236,000 jobs last month and the unemployment rate fell to 7.7 percent, beating analyst expectations.

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At South by Southwest, techies are the new rock stars

by David Brancaccio

Mar 8, 2013

What was first known as an indie music gathering and then a music and film festival, starts out this year as very much an interactive, startup, new media hotspot.

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Small farms struggle for startup funding

by Eve Troeh

Mar 8, 2013

More consumers want to buy food from small, local farms. But those types of growers are having a hard time getting start-up money.

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Unemployment falls to four-year low

by Jeremy Hobson

Mar 8, 2013

The Bureau of Labor Statistics reports that the economy added 236,000 jobs last month, beating analyst expectations. The unemployment rate fell to 7.7 percent, its lowest point in four years.

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6 degrees of sequestration

Sequester will seriously damage job growth: Obama economic adviser

by Jeremy Hobson

Mar 8, 2013

Alan Krueger, chairman of the White House Council of Economic Advisers, breaks down the latest jobs report and shares his thoughts on the sequestration.

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Mid-day Update

PODCAST: Jobs bloom, local farms struggle to get startup vroom

by Jeremy Hobson

Mar 8, 2013

Global stocks reach a five-year high while U.S. unemployment falls to a four-year low. And, while more consumers want to buy food from small, local farms, those types of growers are having a hard time getting start-up money.

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The Transportation Security Administration announced this week that it will allow small pocket knives and certain sports equipment back on planes for the first time since the 9/11 attacks. The Dow Jones Industrial Average has hit yet another all-time high — and the world is following suit. Global shares are at their highest level since June of 2008. And Chelsea, a neighborhood in Manhattan that has long been a magnet for art, is starting to get too pricey for galleries.