Marketplace Morning Report for Monday, August 3, 2009

Episode Description 
Marketplace Morning Report for Monday, August 3, 2009

What S&P crossing 1000 mark indicates

Mesirow Financial's chief economist Diane Swonk talks with Bill Radke about how big of a deal it is that the S&P 500 Index crossed the 1000 mark for the first time since the fall of 2008.
Posted In: Wall Street

Why Schmidt is leaving Apple's board

Reporter Jeremy Hobson talks with Steve Chiotakis about why Google CEO Eric Schmidt is stepping down from Apple's board of directors.
Posted In: Science

Bad debt still holds Barclays back

Britain's second-largest bank, Barclays, is reporting about $5 billion in profits for the first half of the year. But despite strong earnings, it's still battling bad debt. Christopher Werth reports.

Small banks have trouble with TARP

Fortune Magazine's Allan Sloan talks with Steve Chiotakis about why we should be paying attention to the small banks that are having trouble exiting the Troubled Asset Relief Program.

Why Cuba's economy is sputtering

Cuban President Raul Castro has announced that it will cut spending on education and health care to revive its faltering economy. Dan Grech reports on why the island's economy is hurting.

Did 'Cash for Clunkers' help auto sales?

The Cash for Clunkers program gives rebates to people who trade in their gas guzzlers for more fuel-efficient cars, but did it help raise automakers' July sales? Jeremy Hobson talks with Bill Radke how much impact the program had.
Posted In: Auto

Familiar themes on Clinton's Africa trip

Secretary of State Hillary Clinton will soon embark on a tour of Africa, where investment and government corruption will be some of the themes on her trip. John Dimsdale reports.

Reinstated stock rules worry companies

The New York Stock Exchange and Nasdaq relaxed some of their rules when the financial crisis hit. But those old rules are back, which is making some companies nervous. Jill Barshay reports.
Posted In: Wall Street

Milk prices squeeze dairy farmers

Milk may be a bit cheaper these days than this time last year. That's good news for your wallet, but times aren't so good for dairy farmers. Sarah McCammon reports.
Posted In: Food

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