Marketplace Morning Report for Friday, May 31, 2013
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The U.S. and China go head-to-head for Latin America's attention -- and business. As euro zone unemployment hits a new record high of 12.2 percent, protestors gather in front of the European Central Bank in Frankfurt, Germany. And politicians looking to overhaul the U.S. tax code take a lesson from the 1980s.
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Posted In: consumer spending
In February, then March, Americans spent more money than the month before. But today there's news that consumer spending dropped a tenth percent in April.
Summer concert season kicks off and that means dollar signs for music industry. And is there such a thing as banking in the public interest?
Posted In: banking, public banks
This weekend, attendees of the Public Banking Conference in San Rafael, California will gather to re-think the global banking system. They hope to spread a time-tested financial idea from North Dakota.
Posted In: New York City, bike sharing, bike, public transportation
Marketplace Tech host Ben Johnson takes New York City's new bike share program for a spin.
Posted In: tesla, electric cars
Tesla CEO Elon Musk says the company plans to triple the size of its charging stations network.
Posted In: Europe debt crisis, Unemployment, Eurozone, ECB
European unemployment hit a new record high in April. 12.2 percent, or about 20 million people, across the 17 countries that use the euro are out of work.