Marketplace Morning Report for Thursday, August 23, 2012

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Episode Description 
Notes from a Fed meeting earlier this month were released yesterday and they seem to indicate more stimulus is on the way. The presidential race is heating up and this morning President Barack Obama's campaign announced it's going to start taking campaign donations via text message. Elsewhere today, GOP Presidential candidate Mitt Romney unveils his energy plan at a campaign stop in New Mexico. And while the Chinese economy shows some signs of slowing, not that everyone is suffering. Workers at state-run companies in China receive not just good salaries, but all kinds of perks -- from mortgage payments to fancy cars.

European leaders fly to meet and plan for economic future

French President Francois Hollande travels to Berlin today to meet with German Chancellor Angela Merkel. That comes a day after Greek prime minister Antonis Samaras asked for more time to get Greece's fiscal house in order. In fact, over the next few days, Europe's skies will be full of dignitaries crisscrossing the continent trying to find a solution to the ongoing debt crisis.
Posted In: Europe

Weekly unemployment applications tick up slightly

The number of people filing for unemployment benefits rose last week to 372,000. That's 4,000 more than the previous week.
Posted In: Jobs, Unemployment

PODCAST: Trying to predict election outcomes, Federal Reserve moves, and the future of Europe

Notes from a Fed meeting earlier this month were released yesterday and they seem to indicate more stimulus is on the way. And while the Chinese economy shows some signs of slowing, not that everyone is suffering. Workers at state-run companies in China receive not just good salaries, but all kinds of perks -- from mortgage payments to fancy cars.

How Americans rank industries' reputations

Which industries do well in public opinion polls? Computers get mostly positive marks, as do retail and anything having to do with food. The federal government and oil and gas, not so much.
Posted In: Gallup, computers, Oil, federal government

Americans still feel gloomy about the economy

The latest data on unemployment claims put them near their lowest levels since the start of the financial crisis. Hiring is slowly ticking up. So why aren't Americans feeling better about the economy?
Posted In: Gallup, unemployed, benefits

Signs that the Fed could inject more money into economy

There are new signs the Federal Reserve is getting ready to pump more money into the U.S. economy. Notes from a Fed meeting earlier this month were just released and they seem to indicate we've got another economic stimulus package in our future.
Posted In: Federal Reserve, Ben Bernanke, quantitative easing

Forecasting election results through 'Bread and Peace'

Economist Douglas Hibbs predicts the winner of the 2012 presidential election through his 'Bread and Peace' forecasting model.
Posted In: 2012 election

Romney's energy plan: Less regulation, more exploration

But it probably won't have much impact on consumer's pocketbooks, especially when it comes to the price of gas or electricity.
Posted In: Mitt Romney, energy, Oil

Meat processors consider long-term outlook

Hormel announces its earnings today. The company is the third-largest seller of meat, and with the drought and commodity prices rising, investors are looking for signs of the food industry's long-term outlook.
Posted In: meat

Translating the complications of Chinese paychecks

Workers at state-run companies in China are riding pretty high. Beyond standard salaries, there are often a lot of perks for state workers, including mortgage payments, groceries, fancy cars. And it's all tax free.
Posted In: China, wages

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