08/06/09
Marketplace Morning Report for Thursday, August 6, 2009
Episode Description:
Marketplace Morning Report for Thursday, August 6, 2009
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A look at July's retail sales
Paul Nolte, director of investments with Hindsdale Associates, talks with Bill Radke about the outlook for retail sales in July and if August will be any better.
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Economics on climate change's side
A Senate hearing will attempt to shift Washington's attention back to climate change. A new report says reducing greenhouse gases would have a modest impact on the economy. Sam Eaton reports.
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Britain pumps more cash into economy
The Bank of England has already injected over $200 billion into the U.K.'s economy. Now it's decided to increase that program by adding nearly $85 billion more. Is it worth it? Christopher Werth reports.
1
Effects of Twitter's shutdown
Hackers attacked Twitter this morning and forced it to shut down. Tim Bahairn, principal analyst at Creative Strategies, talks with Bill Radke about how this affected Tweeters.
0
Judge halts B of A-SEC settlement
Reporter Jeremy Hobson talks with Bill Radke about why a judge in New York is refusing to let a settlement go forward between Bank of America and the SEC.
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Gov't mulls changes to Fannie, Freddie
Reporter Jeremy Hobson talks with Steve Chiotakis about some of the proposed changes that the White House is mulling for mortgage giants Fannie Mae and Freddie Mac.
1
S. Korean strike comes to dramatic end
Marketplace's Scott Tong talks with Bill Radke about the dramatic, two-month long strike at a South Korean automaker and what it says about the larger auto industry.
0
Is the stimulus actually working?
President Obama's top economic adviser is expected to give an update of the Recovery Act passed by Congress earlier this year. Tamara Keith reports.
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L.A. parks program helps kids, economy
State programs are being cut all across California, but one L.A. program is actually expanding. Summer Night Lights keeps parks open until midnight in some of the city's toughest neighborhoods. Jeff Tyler reports.
1
Benefits, pitfalls of 'Cash for Clunkers'
The Senate is likely to vote on adding $2 billion to the Cash for Clunkers program. Economics correspondent Chris Farrell talks with Steve Chiotakis about the pitfalls to the program, and who will get a boost from it.
2
News Corp. news sites to charge fees
Rupert Murdoch's media company News Corporation is reporting a profit slide of 30 percent from a year ago. So, a subscription fee is coming to all of his news Web sites. Jeremy Hobson reports.
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Argentine soccer put on hold
Argentine soccer fans are passionate about their sport, so for the game to be put on hold for financial reasons is a big blow to society. But Argentine soccer clubs owe $80 million in back taxes and $8 million more in salaries. Dan Grech reports.
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