Marketplace Morning Report for Monday, October 8, 2012
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Columbus Day used to be a day off, but with fewer workers and students getting a three-day weekend, businesses have to adjust. Third-quarter earnings season begins this week, with some analysts predicting the first decline in S&P 500 profits since 2009. New England tourism could get a boost this fall foliage season because dry weather will mean brilliant reds and purples as leaves change color.
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The U.S. house intelligence committee says China's largest telecommunications companies should be banned from doing business here. The percent of U.S. households owning stock is at one of its lowest points in the last couple decades. In Venezuela, President Hugo Chavez has been reelected to a new six-year term.
Posted In: venezuela, hugo chavez
In Venezuela, President Hugo Chavez has been reelected to a new six-year term. He had 54 percent of the vote; much closer than he's gotten used to during his 14 years in office.
Posted In: stock market, index funds, Mutual funds
After a brief uptick, the percent of households owning stock is back down to where it was at the start of the financial crisis, according to new numbers from the Investment Company Institute.
Posted In: entitlements, Virginia, swing state
Virginia is a state both presidential candidates are hoping to win come November. One of the "swingiest" parts of the state is Loudoun County, where a government contractor is ready to put his job on the line to get the nation back on track.