Marketplace Morning Report for September 2, 2011

Episode Description 
Marketplace Morning Report for September 2, 2011

What can Obama do to help spur job growth?

Gene Sperling, director of the White House National Economic Council, discusses news in the August jobs report that is cause for optimism and what President Obama will say in his upcoming speech on jobs.
Posted In: Jobs

August jobs report: No jobs created

The U.S. added no new jobs in August and the unemployment rate didn't change. CBS/MoneyWatch's Jill Schlesinger discusses what President Obama can do to create some spark.
Posted In: Jobs

Why the U.S. may sue banks over sour mortgages

New York Times reporter Nelson Schwartz discusses a story he wrote about the government suing big banks over the quality of mortgages they sold during the housing boom, and whether the housing market will benefit from a lawsuit win.
Posted In: Housing

When will unemployment go back down to 5%?

Economist Chris Low discusses the August jobs report and why there were no jobs created last month.
Posted In: Jobs

Leaders at summit agree on measures to help Libya

The measures are meant to help Libya's new government revive its stalled economy.

The economic shockwaves caused by an NCAA 'death penalty'

Thaddeus Matula, director of the ESPN documentary "Pony Excess," discusses the economic damage a school can experience when a sports program is shut down -- in light of the NCAA investigating the Miami Hurricanes over players getting illegal benefits.
Posted In: Sports

Could mortgage lawsuits against banks weaken the economy?

Professor Eliot Spoon discusses whether the government can win its lawsuits against the nation's banks over the quality of mortgages they sold during the housing boom, and unintended consequences that could occur.
Posted In: Housing

U.S. ready to sue banks over mortgage losses

Reports say the federal government is set to sue banks over bad mortgages they sold during the housing boom -- accusing them of misrepresenting the quality of the mortgages.
Posted In: Housing

More farm jobs deemed too dangerous for kids

For the first time in 40 years, the Labor Department is adding to the farm jobs that are off limits to children under age 16.
Posted In: Jobs

Baltimore Grand Prix isn't just risky for drivers

Baltimore is hosting its first Grand Prix this weekend. Other recent auto racing events around the country haven't sold well.
Posted In: Sports

Texas drought means higher beef prices

Prices will rise for ground beef first, then steaks, as ranchers begin culling their herds due to extreme drought.
Posted In: Agriculture

Labor Day gas prices at record highs

Gasoline prices are near the highest they've ever been this time of year. Americans have been using less gas thanks to greener cars and the poor economy.
Posted In: Oil

Music from this show

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Going Back To Cali
LL Cool J
Chin Up, Cheer Up
Ryan Adams