Marketplace Morning Report for Friday, November 8, 2013
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A deal seems to be coalescing in which Iran would back off its nuclear program in exchange for the easing of economic sanctions. U.S. Secretary of State John Kerry and his French counterpart are due in Geneva today to work out details. Israel had been pushing for tougher sanctions and the emerging news has angered Israel. Twitter's stock went up 72.7 percent on its first day of trading yesterday, and other social media companies would like that kind of infusion of capital. Pinterest comes to mind. Pinterest is backed hundreds of millions in venture capital and the company says it doesn't plan to go public, however, they must have watching Twitter in the last 24 hours. And, a top U.S. Treasury official is expected to step down today amid reports she's next in line for a spot on the Federal Reserve Board. The Fed's Board is facing three vacancies, setting up another round of lobbying in behalf of their favorites by Wall Street.
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The government just reported the labor market in October was much stronger than expected, but how reliable is the data for a month when the government was shut down for half of it? And, imagine finding a job after being unemployed for months, only to have to look for a second to pay off your newly acquired debts.
Posted In: China, China growth, China's Economy
Chinese leaders are meeting this weekend to hammer out economic policy for the next 10 years.
Posted In: Unemployment, Jobs
The government just reported the labor market in October was much stronger than expected, but how reliable is the data for a month when the government was shut down for half of it?
Posted In: IPOs, Twitter, Pinterest, Facebook
Pinterest, digital home of scrap-bookers, window-shoppers, curators and hobbyists, is on many tech-watchers list of potential IPOs. But do investors think it’s too focused on female users?
Posted In: Iran, Iran sanctions
On his way back from Israel, Secretary of State John Kerry is stopping in Geneva for negotiations with Iran. At issue are Iran's nuclear program and economic sanctions.
Posted In: silicon tally
68 miles above the Earth, 300 stores, $300, 100 million people: Can you guess what these numbers mean?
Posted In: cookies, online advertising
The online trackers used by advertising companies may be a thing of the past.
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