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Marketplace Morning Report for Thursday, August 27, 2009

Episode Description 
Marketplace Morning Report for Thursday, August 27, 2009

U.S. economy shrinks 1% in Q2

Greg McBride, financial analyst at Bankrate.com, talks with Bill Radke about how to take the news that the U.S. economy contracted by 1%, and the latest decline in first-time jobless claims.
Posted In: Economy

FDIC seeks cash to cope with shortage

Reporter Steve Henn talks with Bill Radke about why the FDIC's is running low on money, and why it's encouraging private-equity firms to get into banking.

U.K. regulator backs global tax

Britain's top financial regulator is calling for a new global tax on the finance industry. Stephen Beard reports.

Lessons learned from the bank bailouts

Economics correspondent Chris Farrell talks with Steve Chiotakis about whether banks are doing better now that some are repaying bailout money and stocks are trading higher.

Food prices may slowly edge up

The U.S. Department of Agriculture says food prices are likely to increase slightly as the economy begins to recover. Why? Mitchell Hartman reports.
Posted In: Food

Texas heat sends energy bills soaring

A record-breaking heat wave in Texas is cooking up high-energy bills for some residents. David Martin Davies reports.

Clunkers good to Asian carmakers

The Department of Transportation has released its top 10 lists of vehicles traded in and bought under Cash for Clunkers. Steve Henn reports the program was good to Asian automakers.
Posted In: Auto

Will garage sale help Golden State?

Bargain hunters can snap up unused state property at the Great California Garage Sale. Sam Eaton reports.

Music from this show

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Sweet Nothing Serenade
Ben Harper
Jezebel
Iron & Wine
Led To The Sea
Jenny Owen Youngs
I Wanna Be Your Limousine (Album Version)
Black Kids