Marketplace Morning Report for Thursday December 25, 2014
Airing on Thursday December 25, 2014: Twenty-one states are raising their minimum wages beginning January 1. That means Walmart, which has a large workforce making the minimum, will have to give raises to a lot of its workers. Plus, we look at why olive oil is getting so expensive. And if you're particularly fond of the movie "A Christmas Story," you might want to make the trip out to Cleveland to visit the house from the movie. This year marks a decade since its owner, Brian Jones, bought the house used for the film’s exterior shots for a flat $150,000 from its owners on eBay. It was a dilapidated mess and one of the many victims of the horrid housing market here in the city. But since sinking more than $1 million into its renovation, the Christmas Story house sees 50,000+ visitors annually year-round, and just last year started a foundation where money raised (about $60,000) goes towards helping other homes in the area get fixed up.
Airing on Thursday December 25, 2014: Twenty-one states are raising their minimum wages beginning January 1. That means Walmart, which has a large workforce making the minimum, will have to give raises to a lot of its workers. Plus, we look at why olive oil is getting so expensive. And if you’re particularly fond of the movie “A Christmas Story,” you might want to make the trip out to Cleveland to visit the house from the movie. This year marks a decade since its owner, Brian Jones, bought the house used for the film’s exterior shots for a flat $150,000 from its owners on eBay. It was a dilapidated mess and one of the many victims of the horrid housing market here in the city. But since sinking more than $1 million into its renovation, the Christmas Story house sees 50,000+ visitors annually year-round, and just last year started a foundation where money raised (about $60,000) goes towards helping other homes in the area get fixed up.