Marketplace Morning Report for Monday, December 26, 2011
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The U.S. stock market is closed on this day after Christmas, which is shaping up to be one of the biggest shopping days of 2011, analysts say. And if you're planning to brave the crowds there may be a silver lining, especially if you plan to return or exchange a gift: many retailers are offering shoppers store credit for the difference between the original price of a product and the current sale price. Also on the show, a look at the growing cost of extreme weather events. And despite the down job market, high-tech companies are struggling to find software engineers.
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Posted In: Russia, trade, soviet union
20 years ago yesterday, the Soviet Union became Russia, and U.S. businesses have been profiting ever since
Posted In: shopping, weather, currency, soviet union
An increase in extreme weather in 2011 has lead to one of the most expensive years for insurance claims. It's also turning out to be a record year for sheep rustlers on the lamb in the English countryside, where a record number of sheep have gone missing this year. Plus, China and Japan make a currency deal, Detroit girds for possible state takeover, and more top headlines from around the globe on this day after Christmas.