Marketplace Morning Report for Monday, August 16, 2010

Episode Description 
Marketplace Morning Report for Monday, August 16, 2010

China is world's 2nd largest economy

Japan reported lower-than-expected economic growth numbers, which means that China is now officially the world's second largest economy -- behind only the United States. So where does the Asian nation go from here? China bureau chief Rob Schmitz reports.

Harley may zoom out of Milwaukee

Harley-Davidson is threatening to ride out of Milwaukee if the town can't bring down labor costs. LaToya Dennis reports.

The world's two most popular things

Hugo Lindgren, executive editor of Bloomberg BusinessWeek, talks with Stacey Vanek-Smith about the magazine's current issue, which discusses what's popular. And he reveals what the world's two most popular things are.

China buying more European bonds

China possesses the biggest horde of foreign currency assets in the world -- most of them in U.S. dollars. But there are signs China has its eyes on the euro. Stephen Beard reports.

Some colleges fail in general education

A new study is giving colleges grades on their general education. And the results may surprise you: Harvard got a D, Yale and Brown flunked. Amy Scott reports.
Posted In: Education

FDA may revoke breast cancer drug

The FDA is expected to revoke its approval of the nation's best-selling cancer drug, Avastin. Health desk reporter Gregory Warner talks with Stacey Vanek-Smith about why the FDA may take the drug off the market.
Posted In: Health

Russian wheat ban raises price fears

Russian farmers can no longer sell their wheat outside of Russia because of a brutal heatwave and devastating wildfires there. The export limits have raised fears that global food prices may skyrocket as a result.
Posted In: Agriculture, Food

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Open Heart Surgery
The Brian Jonestown Massacre
End Of The Day
Al Stewart