Marketplace Morning Report for Monday, January 20, 2014

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Episode Description 
The headlines from China today are about the slowest growth in that giant economy for 14 years. The Gross Domestic Product figures for all of 2013 are in from the statisticians in Beijing and they were lower than even the forecasters were expecting. The big three credit-ratings agencies, Moody's, S&P and Fitch, were all criticized for giving inflated ratings to mortgage investments that helped trigger the great financial crisis. Yet these days they still control 97 percent of the industry. But that's changing. And, one of every 3 Texans has no medical insurance -- the highest rate of uninsured in the country. Part of this is high rates of diabetes and obesity. Less expensive drugs to treat these conditions are available in Mexico. But the threat of violence in Mexico has triggered  a new trend---the smuggling of medicine in bulk.

PODCAST: Iran curbs nuclear program

As part of a deal with world powers, Iran says it has begun suspending its nuclear program. In good times and bad, blacks suffer unemployment at much higher rates than whites. That's been true since the time of Martin Luther King, Jr. And, why would anyone want to work for the government?

'Meet the Beatles,' 50 years later

Fifty years ago today, Capitol Records released the Beatles' first album, "Meet the Beatles."
Posted In: The Beatles, Music

Why are American credit card companies using outdated technology?

American banks and retailers are still using the same old magnetic strip cards, instead of more secure chip and pin cards commonly used abroad.
Posted In: credit card fraud, Target credit cards

Iran says it's curbing uranium enrichment

As part of a deal with world powers, Iran says it has begun suspending its nuclear program.
Posted In: Iran

China GDP lowest since 1999

China's fast growing economy is slowing down.
Posted In: China, China's Economy

Desperate patients smuggle prescription drugs from Mexico

Physicians and law enforcement are tracking a relatively new trend -- U.S. patients smuggling of prescription medicine in bulk from Mexico.
Posted In: Mexico, prescription drugs

‘Am I crazy?' Deciding to work for the government

There have been pay freezes, hiring freezes, and on top of that, there was the shutdown just a few months ago.
Posted In: usps, Jobs, government

Another ratings agency. Woohoo?

There’s a new kid on the block -- but will this agency be able to give the big boys a run for their money?
Posted In: Moody's, Fitch, S&P

African-American unemployment is double that of whites. Why?

In good times and bad, blacks suffer unemployment at much higher rates than whites. That's been true since the time of Martin Luther King, Jr.
Posted In: Unemployment, African American Unemployment

Music from this show

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Spinning
Zero 7
Final Comedown
2120 South Michigan Avenue
The Rolling Stones
Dois Beijinhos
Seu Jorge

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