Marketplace Morning Report for Friday, November 14, 2008

Episode Description 
Marketplace Morning Report for Friday, November 14, 2008

Americans may have quit shopping

Retail sales for October have had the biggest drop since the Commerce Department started keeping track back in 1992. This even beats the decline after 9/11. Alisa Roth reports this is really bad news.
Posted In: Retail

The potential costs of TARP

Today's the deadline for banks who wish to apply for money through the Troubled Asset Relief Program, or TARP. But the program doesn't come without its potential disadvantages. Ashley Milne-Tyte reports.

Several world leaders meet on crisis

This weekend, leaders from the world's 20 largest countries will meet to discuss the global financial crisis. John Dimsdale reports it may not be very productive, but will help the countries appear unified.

Every euro country in recession

Thanks in part to inflation, oil prices and dried-up credit, all countries using the Euro have been hit with a recession. Kyle James reports it may be a less brutal but perhaps longer recession than the U.S.

U.S. planes full despite big declines

Thanksgiving travel on U.S. airlines is expected to dive about 10 percent from last year. But you're still likely to be sitting on a full plane when you fly back home for that big dinner. Janet Babin tells you why.
Posted In: Airlines

NASCAR pit stops for pink slips

Perhaps no one in the sports business has been affected quite like NASCAR, who will be laying off several workers due to lack of sponsorship. Scott Jagow talks race cars with sports commentator Diana Nyad.
Posted In: Sports

Credit slows European auto production

In a difficult move for European car makers, three big credit insurers in Europe have revoked coverage from auto parts suppliers. Scott Jagow talks to Alisa Roth about the major effect this has for auto makers overseas.
Posted In: Auto

More central bank coordination to come

Fed Chairman Ben Bernanke is in Frankfurt, Germany this morning to talk about coordination between the world's central banks. Jeremy Hobson reports this could become a regular part of European banking life.

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