Marketplace Morning Report for Monday, October 29, 2012

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Episode Description 
This morning, millions of Americans along the east coast are bracing for Hurricane Sandy. New York City has closed the Stock Exchange and public transportation in preparation for the storm. If millions more Americans are relying on food stamps, does that mean the program is working or failing? This week, Chrysler will hire more than a 1,000 new employees to work at an assembly plant in Detroit as the automaker faces growing demand for its sports utility vehicles.

Betting on stormy weather

Weather derivatives allow companies to hedge against catastrophic losses.
Posted In: Hurricane Sandy, weather, Derivatives

PODCAST: iBoat and Sandy moves ashore

Happy 20th birthday to NAFTA. As Sandy moves ashore, witness the shutdown before the storm. New York City shuts down markets as the city begins to take on water.

Sandy shuts down New York markets

Overnight, New York City's financial authorities decided to close the markets today as Hurricane Sandy moves in -- the first time since 1985 that a weather event has shut down trading.
Posted In: Hurricane Sandy

Staying open for Hurricane Sandy

Businesses in the path of Hurricane Sandy are preparing for anything but business-as-usual -- for some shops storms are good for business.
Posted In: Philadelphia, natural disasters, Hurricane Sandy

Hurricane Sandy could cost billions in damages

Hurricane Sandy is expected to cause widespread power outages in the Northeast, where utility companies and other businesses are still recovering from the last big storm.
Posted In: Hurricane Sandy, electricity, storm

Checking in on NAFTA's immigration promise

In 1992, the North American Free Trade Agreement (NAFTA) was signed. In the two decades since, the number of people living illegally in the U.S. has nearly quadrupled.
Posted In: NAFTA, Mexico, Immigration, free trade

Financial markets shut down in NYC ahead of Sandy

New York City is preparing for Hurricane Sandy by shutting down the city's public transportation. Financial markets will also be closed today.
Posted In: Hurricane Sandy, NYSE, NASDAQ, MTA, New York City

Binders, Big Bird -- and food stamps?

If millions more Americans are relying on food stamps, does that mean the program is working or failing?
Posted In: food stamps, SNAP

Chrysler ramps up SUV production

Despite higher gas prices, demand remains strong for SUV's.
Posted In: SUV, carmakers, Chrysler

Music from this show

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Caravan (Gordon Jenkins Presents Marshall Royal)
Marshall Royal Gordon Jenkins
Magician's Assistant
Berry Weight
Packt Like Sardines In A Crushed Tin Box

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