11/02/07
Marketplace Morning Report for Friday, November 2, 2007
Episode Description:
Marketplace Morning Report for Friday, November 2, 2007
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Wall Street donates its wisdom
Wall Street is the last thing you'd think a nonprofit involved with charities would want to emulate. But Jill Barshay reports one company is using stock-exchange mentality to keep giving organizations in line.
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China: U.S. might steal Christmas
Asian markets shook after yesterday's Wall Street decline, adding to China's fear that a weak U.S. economy means less Holiday work. Scott Tong explores the impact of the U.S. consumer on the Chinese market.
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Job-growth numbers not growing
The Bureau of Labor releases September unemployment rates today, while the numbers have been stagnant Steve Henn looks into job growth over the last 10 years, and why job-seeker outlook as been so grim.
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Sucking the air from the whistle
The House is considering leaving protections for whistle-blowers out of a bill to further empower the Consumer Products Safety Commission. Steve Henn reports this comes while two commissioners face scandal.
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Inflated home appraisals? Rings a bell
New York Attorney General Andrew Cuomo is charging Washington Mutual and a major real-estate appraisal firm with inflating home values nationwide. Bob Moon reports Marketplace looked into this -- over two years ago.
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Writers stuck on the disc issue
Before Hollywood knew the power of DVD and Internet sales, writers took a cut of residuals that today they want doubled. Variety's Michael Speier discusses more motives of a potential writers' strike with Bob Moon.
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Overseas markets feel Wall Street fall
The European markets reacted swiftly to yesterday's slide on Wall Street. As Stephen Beard reports, investors are worried the subprime crunch could be entering a second, nastier phase.
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What the gas pump's not telling you
Oil is almost at $100 barrel, but gas prices have yet to rise as substantially. Dan Grech looks into why the cost of unleaded hasn't reflected the price of crude and when that might change.
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