Marketplace Morning Report®

with David Brancaccio

Marketplace Morning Report for Monday, January 20, 2014

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.

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An unidentified International Atomic Energy Agency (IAEA) inspector disconnects the connections between the twin cascades for 20 percent uranium production at nuclear power plant of Natanz, some 300 kilometres south of Tehran on January, 20, 2014 as Iran halted production of 20 percent enriched uranium, marking the coming into force of an interim deal with world powers on its disputed nuclear program.
KAZEM GHANE/AFP/Getty Images

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About the Show

A lot happened while you slept. Marketplace Morning Report® host David Brancaccio explores the latest on markets, money, jobs and innovation, providing the context you need to make smart decisions.