Marketplace Morning Report for Monday, November 7, 2011
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The ANSA news agency is quoting Premier Silvio Berlusconi as rejecting speculation that he will resign, telling aides that any such rumors are "without foundation." Barnes and Noble is making what it's calling a very special announcement this morning. Analysts expect the company will launch a new version of its Nook e-reader to compete with the Kindle Fire -- and, of course, the iPad. You know what's up? Warren Buffett's appetite for investment. His company Berkshire Hathaway invested $24 billion last quarter as markets wobbled. That was the most in at least 15 years.
News today showed that Italy might be the next European country to suffer, in part because its government bond yields rose to 6.5 percent. But what exactly does that mean?
Posted In: Jobs
The unemployment rate among veterans back from Iraq and Afghanistan got worse last month, despite the overall jobs market improving slightly.
Posted In: Economy
Julia Coronado, chief economist with BNP Paribas, talks to us about the crisis in Europe, what political changes could be coming in the U.S., and the problem that more of us should be worried about.
The prime minister of Greece could step down as early as today, and the opposition party is ready to take on the country's financial issues.
Posted In: Investing
While the global economy is still in a rough spot, Warren Buffet poured almost $24 billion into investments last quarter, the most in at least 15 years.
The Italian government must now pay an interest rate of 6.5 percent, dangerously close to a level that experts say could ruin the country's finances.
The floods in Thailand have not ended yet, and already computer makers are worried about a lack of parts for the upcoming Christmas season.
Facebook has been able to grow over the last few years into a Silicon Valley leader. But Mark Zuckerberg recently said the competition there is fierce, and part of him wishes he had stayed in Boston.
Over the weekend, it was announced that George Papandreou would step down as Greek prime minister. Italy, and its leader Silvio Berlusconi, could be next.
The owner of the Strand Book Store in New York talks about how brick-and-mortar bookstores are surviving against e-readers.
The Greek prime minister tried to put the eurozone bailout up to vote with the Greek people. Should the U.S. try that method to solve its own problems?