Marketplace Morning Report for Thursday, January 16, 2014

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Episode Description 
Yet another blow for JC Penney. The company says it will close 33 stores and slash 2000 jobs. Nigeria -- the second largest economy in Africa -- plans to start up a mortgage finance company similar to Fannie Mae here in the United States. And could too much financial news impact your mental health?
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Why is Congress focusing on poverty?

Congress's Joint Economic Committee holds a hearing on income inequality. Just the latest congressional foray into the problem.
Posted In: Congress, income inequality, Unemployment
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PODCAST: The NBA has made it clear -- they want to expand to Europe

Could personal coaches help low-income students graduate? The NBA is looking across the pond. And the current state of state finances.
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Planning a Kickstarter campaign? Avoid these words

A new study shows that certain words and phrases do a bad job at getting you the money you need.
Posted In: kickstarter
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The current state of state finances

Most states are doing good when it comes to their balance sheet, even capturing that elusive word -- surplus!
Posted In: states, local government finances, surplus
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Chuck E. Cheese sold for nearly $1 billion

That's a lot of tokens.
Posted In: Chuck E. Cheese, acquisition, children
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What do our cars know about us?

Ford's CEO got in some hot water after his comments about Ford cars collecting data on drivers worried some consumers. What are the emerging privacy issues we should be thinking about when it comes to new car technology.
Posted In: Ford, big data, cars
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Is too much financial news affecting your health?

New research finds a strong link between daily stock returns and hospital admissions.
Posted In: stocks, financial news, hospitalizations, Health, mental health
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JC Penney plans to cut 2000 jobs and shut down more than 30 stores

It's yet another blow for the struggling company.
Posted In: Retail, JC Penney, layoffs
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Could personal coaches help low-income students graduate?

More than 100 college presidents will meet with President Obama to discuss ways to help low-income minority students graduate.
Posted In: Obama, graduation, Education, students
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Nets, Hawks game underscores NBA's European hopes

NBA officials have made it clear; they want to expand the brand in Europe.
Posted In: NBA, basketball, London

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