Marketplace Morning Report for Thursday, April 26, 2012

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Episode Description 
The Federal Reserve is not taking any major new steps to help the economy at this time -- but it will spring into action if there's another slowdown. US Airways is trying to buy the bankrupt American Airlines, and it's making a lot of promises -- but can it keep them if the merger goes through? Pepsico is reporting earnings today, and as the cost of ingredients rises, one factory is looking towards sustainability to save dough. And Burger King says that within the next five years, it will buy only cage-free eggs and pork.
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Are Americans ready to start buying homes again?

According to recent Gallup data, Americans feel home prices are still at a pretty low level -- but that also means many think it is a great time to buy.
Posted In: Housing, real estate
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Greece begins to sell islands to raise cash

Greece is reportedly selling off islands to raise money. The small island of Oxia is being sold to the royal family Qatar and more are on the block.
Posted In: Greece, Qatar
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Fed holds off on new steps to help U.S. economy

The Federal Reserve won't be taking any major new steps to help the economy at this time, and the reason is that the Fed expects the U.S. economy to grow at about 3 percent this year.
Posted In: Federal Reserve, GDP, Ben Bernanke
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Teen employment could improve this summer

The job placement company Challenger, Gray, and Christmas is predicting that teens will have an easier time finding jobs this summer. Employment in this age group won't be back to pre-recession levels, but nothing like the summer of 2010 where youth employment had fell to a 60 year low.
Posted In: Jobs, employment, season, teenagers
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Could the U.S. follow the U.K. into another recession?

The Federal Reserve has upgraded its forecast for the U.S. economy in 2012 but also downgraded its outlooks for 2013 and 2014. There are worries the U.S. could fall back into recession just like the U.K. did.
Posted In: Federal Reserve, Ben Bernanke, UK
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Chrysler posts biggest profit since 2009

FIAT's profit report came out today and it shows that the Chrysler group generated its biggest profit since its 2009 bankruptcy. A lot of Chryslers are selling in the U.S. more than compensating for quieter showrooms in Europe, where the financial crisis has been dampening things.
Posted In: Chrysler, Fiat, car, Auto
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PODCAST: Auto profits grow, PepsiCo profits stay flat

The Federal Reserve is not taking any major new steps to help the economy at this time -- but it will spring into action if there's another slowdown. US Airways is trying to buy the bankrupt American Airlines, and it's making a lot of promises -- but can it keep them if the merger goes through? PepsiCo is reporting earnings today, and as the cost of ingredients rises, one factory is looking towards sustainability to save dough. And Burger King says that within the next five years, it will buy only cage-free eggs and pork.
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Ancestry.com rakes in profits, buys up competitor

Ancestry.com Inc. will soon take over rival family history website Archives.com for the price tag of around $100 million.
Posted In: ancestry, Mergers and Acquisitions
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Frito-Lay opens the bag on green factories

One Frito-Lay factory in Arizona is helping its parent company, Pepsico, figure out how to save resources globally.
Posted In: Pepsi, Frito-Lay, green biz
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Burger King moves to 'cage-free' eggs and pork

The fast-food giant will move away from tightly packed chickens and pigs within five years. Farmers and consumers will feel the impact.
Posted In: cage-free, chicken, eggs, pork, pigs, Burger King, fast food
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Do airline mergers deliver on their promises?

It's rumored that US Airways may soon merge with the bankrupt parent company of American Airlines. Mergers usually bring promises of frequent flier guarantees and hub airport assurances, but do they actually happen?
Posted In: American Airlines, US Airways, airline industry
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Federal Reserve holding off on new action... for now

The Fed has ended its two-day meeting and the conclusion is the economy isn't bad enough to take new action now.
Posted In: Federal Reserve, Housing, Ben Bernanke

Music from this show

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Ernie
Fat Freddy's Drop
I Wish You Were Gone
Joakim
Undelivered Letter (Daedelus Remix)
Quantic And His Combo Barbaro
Det Haster!
Casiokids

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