12/31/07
Marketplace Morning Report for Monday, December 31, 2007
Episode Description:
Marketplace Morning Report for Monday, December 31, 2007
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A tough year for the needy
Smaller nonprofits like food banks and shelters struggled for donations in 2007, but wealthier organizations like museums and universities had a great year. Janet Babin looks into why.
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Part private equity, part mortgages
The year began with a private-equity deal practically every day. When that stopped, talk of mortgages took over. Fortune Magazine's Allan Sloan reviews the year in Wall Street deals with Scott Jagow.
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The new year is still unwritten
Yes, those countdown shows on New Year's Eve need writers, too. Jill Barshay reports Dick Clark had his show in the can months ago, but other network programs will go unscripted and rely more on music.
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Gift-card swappers beware
Several websites have popped up that allow people to swap the $26 billion worth of gift cards sold this holiday season. But Sam Eaton reports there are few guarantees and you can't always tell what you're getting.
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Saying 'Aloha' to the Sugar Bowl
The football team at the University of Hawaii is playing its biggest game ever, and winning could offer big rewards to the school. Andrea Gardner reports the pay-offs go beyond the cash.
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More security for Chinese laborers
Cheap labor may become a rarer commodity in China, thanks to a new law requiring workers to have written contracts. Scott Tong looks at the new job security for laborers and what it will cost employers.
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Home sales numbers say keep it cheap
Existing home sales numbers are projected to come up slightly from sharp lows. Steve Tripoli reports more downward price pressure is expected ahead for the new year -- so if you're selling a home, sell low.
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