Marketplace Morning Report for Friday, September 24, 2010

Episode Description 
Marketplace Morning Report for Friday, September 24, 2010

What's going on in the housing market?

Sales of new single-family homes were flat last month. And the supply of houses on the market reached a 42-year low. Reporter Alisa Roth talks with Steve Chiotakis about the latest housing numbers and whether Americans are moving away from home ownership.
Posted In: Housing

Media shine spotlight on education

The issue of education reform is coming to the forefront. The much-hyped documentary "Waiting for Superman" opens in New York and Los Angeles. Oprah is spending another hour on the topic. And next week NBC News is hosting a big education summit. What gives? Amy Scott reports.
Posted In: Education

Malicious computer worm on the attack

Security experts are grappling with what could be a new and serious cyber attack. The Stuxnet computer worm attacks control systems at large sites like industrial plants and power stations.
Posted In: Internet

VIDEO: A bust for Blockbuster

All the business news in rhyme in 60 seconds time. This week: Out of the recession (officially), bye-bye Blockbuster, the FDA considers genetically-modified salmon and Colin Powell's take on undocumented workers.

Good, bad news in durable goods drop

Demand for what we know as "durable goods" was down 1.3 percent last month. Analysts expected a smaller drop. Jill Schlesinger of CBS MoneyWatch talks with Steve Chiotakis about whether anything good can come out of this drop and how the latest figure compares with past recessions.

A new direction for St. Louis Arch

The St. Louis Arch is set to get a facelift of sorts. A design jury in St. Louis awarded the multi-million-dollar contract to a New York design firm. Their charge -- undo decades of bad infrastructure planning and transform the Arch into a world-class tourist destination. Adam Allington reports.

U.N. summit looks at rising food prices

Rising world food prices will be the topic of an emergency U.N. meeting in Rome. The aim is to find a way to restore stability in the food markets and avoid riots like those that occurred two years ago.
Posted In: Food

U.K. mulls breaking up big banks

A government probe in Britain is looking at whether some of the country's biggest banks should be broken up. London bureau chief Stephen Beard talks with Steve Chiotakis about whether this plan is really on the table and what other reforms may happen.

Cotton prices reach 15-year high

Cotton closed above a dollar a pound this week. That's its highest price in 15 years. Why have prices risen so much? Jeremy Hobson reports.
Posted In: Agriculture

Bill uses tax code to keep jobs in U.S.

Congress is trying to use the tax code to keep companies from moving factories, and jobs, overseas. Senate leaders want to schedule a vote on the bill next week. The timing is no coincidence. Democrats are hoping the bill will appeal to voters concerned about the high unemployment rate. Nancy Marshall Genzer reports.
Posted In: Jobs

GM may be looking at a smaller IPO

It looks like when GM returns to the stock market this fall, it won't be as big a sale as first thought. Reporter Alisa Roth talks with Bill Radke about GM's initial public offering and why we've heard so much speculation about it.
Posted In: Auto

Music from this show

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Perfectly Good Guitar
John Hiatt
A Feeling
Flying Winnebago & Annie Hayden
Silent Movie
A Touch Of The Night
William Orbit

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