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Marketplace Morning Report for Friday, May 13, 2011

Episode Description 
Marketplace Morning Report for Friday, May 13, 2011

Uncertainty in regulatory leadership strains financial overhauls

New York Times reporter Binyamin Appelbaum explains how vacancies at the heads of financial regulatory agencies could impede overhaul implementation.

Consumer prices rise 0.4% in April

Rising gasoline and food prices continue to drive up the cost of living in April. Chris Low, chief economist with FTN Financial, takes a look at today's numbers from the Labor Department.
Posted In: Personal Finance

U.S. wages can't keep up with consumer prices

Jill Schlesinger of CBS/MoneyWatch explains today's Consumer Price Index news, and what that means for American consumers.
Posted In: Personal Finance

German GDP rises by 1.5% in the first quarter

Stronger-than-expected economic growth in Germany may signal better futures for struggling European economies.

Facebook admits to hiring PR firm to target Google

Facebook admitted this week it hired PR firm Burson-Marsteller to start a campaign against Google, rallying journalists as "third parties to verify" claims that Google violates privacy.
Posted In: Internet

A tale of two entitlements

The annual report on the health of Social Security and Medicare will update last year's predictions: that Medicare will run out of money by 2029 and Social Security will run out of money in 2037.

Moet Hennessy to make bubbly in China

The wine and spirits arm of France's LVMH luxury group announced yesterday it's planning its first vineyard in China to produce a premium sparkling wine.
Posted In: Food

Michaels stores hit by debit card fraud

The fraud across 20 states highlights how debit cards are more vulnerable to fraud and financial loss than credit cards.
Posted In: Banks

Migratory bird causes construction disruption

The Washington D.C. Department of Transportation had been constructing a footbridge over some railroad tracks when they came across an obstacle.
Posted In: Environment

Cyber security attacks can hit smaller businesses, too

It's not just the big companies who can suffer a security breach -- cyber thieves can attack small or mid-size businesses and cost a lot of damage.
Posted In: Small Business

Music from this show

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Reich: Different Trains, Electric Counterpoint / Kronos Quartet, Pat Metheny
Steve Reich, Kronos Quartet
Designated Wizard Practice Area
Belbury Poly
You Said Something
Pj Harvey
Fade Into You
Mazzy Star
Dry The Rain
The Beta Band