Marketplace Morning Report for Friday, September 14, 2012

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Episode Description 
Yesterday Federal Reserve Chief Ben Bernanke laid out the Fed's new economic stimulus plan. It's round 3 of so-called quantitative easing, and the Fed will buy $40 billion worth of mortgage-backed securities every month. A year ago Monday, a group of protestors gathered in lower Manhattan, kicking off what would become the global phenomenon of Occupy Wall Street. Occupy raised a surprising pile of money -- but how was it spent? And it used to be, if you ordered something off the Internet, you didn't have to pay state sales tax. But now Amazon is now charging sales tax in a growing number of states; California goes on that list this weekend.  

PODCAST: Ripples from QE3

Yesterday Federal Reserve Chief Ben Bernanke laid out the Fed's new economic stimulus plan. It's round 3 of so-called quantitative easing, and the Fed will buy $40 billion worth of mortgage-backed securities every month. A year ago Monday, a group kicked off what would become the gphenomenon of Occupy Wall Street. Occupy raised a surprising pile of money -- but how was it spent? And it used to be, if you ordered something off the Internet, you didn't have to pay state sales tax. But now Amazon is now charging sales tax in a growing number of states; California goes on that list this weekend.

Fannie and Freddie to allow principal reductions in California

This week, Fannie and Freddie quietly put out some "clarifying language" that could mean a lot to some beleaguered homeowners in California and in other states.
Posted In: Housing, mortgage, Fannie Mae

How QE3 could help the economy

Yesterday Federal Reserve Chief Ben Bernanke laid out the Fed's new economic stimulus plan. It's round 3 of so-called quantitative easing. The Fed will buy $40 billion worth of mortgage-backed securities every month, until it decides the economy has improved.
Posted In: quantitative easing, QE3, Federal Reserve

Japan considers ending nuclear power

Today, Japanese government officials announced a bold new energy plan. The policy -- which still needs approval from the cabinet -- would end the use of nuclear power in Japan by 2040.
Posted In: Japan, nuclear

European markets feel effect of QE3 announcement

The Fed will spend $40 billion a month buying mortgage securities. Yesterday, that news was a big help to markets here in America. Today, it seems to be giving a helping hand to Europe as well.
Posted In: Federal Reserve, QE3

Early reactions to the Fed's QE3 announcement

Yesterday, Ben Bernanke announced the Federal Reserve is going to do another round of what’s called “quantitative easing.” The Fed will buy $40 billion worth of mortgage-backed securities every month until Bernanke and his colleagues are satisfied the job market -- and the economy -- have improved.
Posted In: Federal Reserve, QE3

Sales tax may cut into Amazon's edge

With Amazon beginning to charge sales tax in some states, analysts think it may convince some consumers to buy big-ticket items in traditional brick-and-mortar stores.
Posted In: Amazon, sales tax

California growers complain of farm worker shortage

Some farms say they don't have enough workers to get their crops in. For mushroom growers, it's always harvest time, and one farm has found an unusual source of labor.
Posted In: harvest, farm, california, avocado

What happened to Occupy Wall Street's fundraising haul

One year ago Monday, a group of people gathered in a then-obscure park in lower Manhattan, kicking off what would become the global phenomenon of Occupy Wall Street. So what's happened to all the money?
Posted In: Occupy Wall Street

Topshop: From off-the-rack to off the virtual runway

Topshop, the London retailer, is offering something new at this year's spring 2013 fashion show. Consumers can buy items the models are wearing on the Topshop web site during the live-streamed show.
Posted In: fashion, Topshop, Fashion Week, streaming

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