Marketplace Morning Report for Monday, October 14, 2013

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Episode Description 
The gridlock continues this morning in Washington, with no agreement to re-open the federal government or raise the debt ceiling, and the Thursday deadline looms. In Mexico, the president is proposing a major shake up of the country's oil industry. Whether that's a good idea or not may depend on whether you work in the oil industry. And, it was forty years ago this week oil producing countries in the Middle East imposed an embargo on the U.S. as punishment for the U.S. supporting Israel during the Yom Kippur War. The result was an economic shock that changed America. But the 1973 oil embargo may have also yielded some unexpected benefits

Common app woes plague students applying to college

Applying for college just got even more stressful.
Posted In: applying to college, college admissions

PODCAST: Clock ticks on debt deal

A weak start on Wall Street today as the federal budget and the future of federal borrowing remain unresolved. Three Americans win the Nobel Prize in Economics. And, Medicare enrollment is already confusing enough. The new health care exchanges will only make it more so. And that could end up being costly for taxpayers.

Uncertainty over debt ceiling hits markets

A weak start on Wall Street with the federal budget and the future of federal borrowing still unresolved.
Posted In: debt ceiling, government shutdown 2013

Nobel Prize in economics goes to three Americans

The trio has focused on the behavior of the stock market as well as the efficiency of markets.
Posted In: Nobel Prize

Immigrant entrepreneurs benefit by improving credit scores

A San Francisco group helps launch small business owners with micro-loans, which in turn create a path to mainstream credit when they are ready to expand.
Posted In: credit, Immigration

While Washington argues over debt ceiling, the world watches

All eyes around the world are on Democrats and Republicans in Washington, waiting to see if they will come to an agreement over the debt limit.
Posted In: debt ceiling, China, government shutdown 2013

Medicare enrollment confusion could cost us cash

Medicare enrollment is already confusing enough. The new health care exchanges will only make it more so. And that could end up being costly for taxpayers.
Posted In: Medicare, Obamacare

On 40th anniversary, a look at the spillover effects of the 1973 Arab Oil Embargo

How did the 1973 oil crisis convince Americans to reduce energy consumption?
Posted In: Oil, energy, history, Richard Nixon

Mexican oil town not afraid of gringo invasion

Mexico's president has proposed shaking-up the state-run oil industry and allowing direct foreign investment. The idea is unpopular in much of Mexico, but it's a different story in the oil town of Ciudad del Carmen.
Posted In: Mexico, Oil, Ciudad del Carmen

The clock is ticking and still no debt deal

Lawmakers in Washington have until Thursday to raise the debt ceiling.
Posted In: government shutdown 2013, debt ceiling, sequestration, Congress, Obamacare

Exoskeleton under development in Europe

It's not about strength. It's about endurance.

Samsung bid hoax drives Swedish biometrics company shares

A criminal probe is being launched after a fake press release saying Samsung would buy a Swedish company that makes fingerprint scanners.
Posted In: Biometrics, hoax, samsung

Is your email safe anywhere?

Is email completely secure anywhere in the world?
Posted In: email, surveillance, cybersecurity

Music from this show

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Bone Chaos In The Castle
Kaki King
We're Already There
Det Haster!
Casiokids
Please Don't Go
Mike Posner
Bone Chaos In The Castle
Kaki King

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