Marketplace Morning Report for Monday, June 13, 2011

Episode Description 
Marketplace Morning Report for Monday, June 13, 2011

Congressional vote could end ethanol tax

Last week, Senator Tom Coburn pushed for a vote on a measure to cut subsidies for ethanol. The 45 cent a gallon tax credit for ethanol cost the federal government nearly $5.5 billion last year. Senator Coburn explains the legislation.
Posted In: Oil

Analysis: Are Obama's jobs advisers on right track?

Julia Coronado, chief economist with the investment bank BNP Paribas, examines today's jobs news from the Obama administration.

Facebook loses some friends

According to new data from the site Inside Facebook, the number of people using the social media site during May fell in the U.S., U.K., Canada, Norway and Russia.

The president wants to know: How do you create jobs?

President Obama will talk jobs and job growth on a two-day road trip that starts today. As the trip kicks off, he is hearing about some specific ideas to help the job hunt.
Posted In: Jobs

Could China's efforts to cool the economy be working too well?

The Chinese communist government is intentionally trying to slow down the world's second-largest economy. But some are now worried that the slow down is coming too fast. Michael Pettis, economist at Peking University in Beijing, explains.
Posted In: China

Vaccine conference seeks funds

Representatives from the developing world, drug makers and countries have gathered in London today to pledge money to the Global Alliance for Vaccines and Immunization, or the GAVI Alliance -- an organization that helps provide vaccines to children in poor countries.
Posted In: Health

Latest cyber attack targets IMF

The International Monetary Fund is investigating an attack on its computer system. Security experts said the source seemed to be a "nation state," and the hack could have yielded a wealth of private economic data used by the IMF

Why banks have to draw up living wills

The financial reform law requires that banks have to draw up living wills in the event of another financial crisis.
Posted In: Banks

Vice President Biden wrestling budget deal

Joe Biden continues to meet with top lawmakers. With the economy sputtering, more stimulus is now part of the discussion.

Most state legislators have college degrees

The Chronicle of Higher Education says 75 percent of state legislators have earned at least a bachelor's degree.
Posted In: Education

Music from this show

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Good For Great
Matt and Kim
Her Hollow Ways
Danger Mouse & Daniele Luppi
Please Don't Go
Mike Posner

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