Marketplace Morning Report for Monday, July 12, 2010

Episode Description 
Marketplace Morning Report for Monday, July 12, 2010

U.S. FICO scores hit new lows

FICO says American credit scores have hit new lows. A quarter of consumers -- that's 40-plus million people -- have scores below 600, which means they're unlikely to get credit cards.
Posted In: Savings

Forever stamps: Start hoarding now

Fortune Magazine's Allan Sloan explains why collecting and hoarding forever stamps now is a wise move.

Joblessness contributes to fall in immigration

A high unemployment rate is one factor which contributed to a surprising fall in immigration to developed nations in 2008.
Posted In: Immigration, Jobs

U.K. Facebook's 'panic button' could spark change to U.S. site

Facebook's new "panic button" will allow users on the British site to report suspicious behavior to the police. The move could spark a change to the Facebook's U.S. portal.
Posted In: Crime, Internet

Banking industry readies for Basel

A committee representing nearly 30 countries meets in Basel, Switzerland later this week to help shape the future of banking reform, and financial markets are jittery over what might come out of the gathering.

FDA to decide Avandia's fate on the market

The Food and Drug Administration meets tomorrow to decide whether the blockbuster diabetes drug Avandia is too dangerous for public consumption.
Posted In: Health

Analysts see some strong earnings on the way

Earnings season is here, and analysts' projections are promising. But many are looking for an omen to determine the overall direction the economy might be taking.
Posted In: Investing, Wall Street

Overqualified: An entry-level job beats having none

Stella Shaffer was a commercial radio news director in Iowa. Now she works at a Medicaid call center in Oregon. Like many professionals right now, she's overqualified for the job, but would still rather be working. Mitchell Hartman reports.
Posted In: Jobs

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