Feb 5, 2009

Marketplace Morning Report for Thursday, February 5, 2009

Segments From this episode

Arctic fishing gets cold U.S. reception

by Sarah Gardner

Feb 5, 2009

Ice is melting rapidly off the northern coast of Alaska, which is drawing the attention of the commercial fishing industry. But U.S. government is expected to step in and stop it before it starts. Sarah Gardner reports.

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Fallout: The Financial Crisis

Renewed interest in the New Deal

by Chris Farrell

Feb 5, 2009

Today's financial crisis has driven economists to look back at what happened in the 1930's. Renita Jablonski talks to economics correspondent Chris Farrell about what's different today and what we got from the New Deal.

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Housing tax credit added to stimulus

by Dan Grech

Feb 5, 2009

The Senate passed a new amendment granting a $15,000 tax credit on the purchase of a primary house. The perk would cost $19 billion, ballooning the total stimulus to $920 billion. Dan Grech reports.

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Stimulus opportunities for China

by Scott Tong

Feb 5, 2009

Today lawmakers watered down the controversial "Buy America" provision, which America's foreign trade partners took as good news. Scott Tong explores the business opportunities this could provide for China.

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Fallout: The Financial Crisis

Not all Brits favor interest rate drop

by Stephen Beard

Feb 5, 2009

The Bank of England has slashed its rates down to a new low of 1 percent. The bank says the British economy urgently needs the cheaper credit, but not everyone is cheering the reduction. Stephen Beard reports.

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Anticipating a bargain effect on retail

by Ashley Milne-Tyte

Feb 5, 2009

Stores are releasing January retail sales figures, and retailers are concerned about the impact huge bargains have had on consumer psyches. Ashley Milne-Tyte reports what other factors were also involved.

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Australian university learns from Yale

by Marketplace Staff

Feb 5, 2009

Students at Australian universities rely on the government to pay for their education, and alumni aren't rushing to donate. To up alumni support, one university is taking cues from Yale. Naomi Lewin reports.