Marketplace Morning Report for Thursday, July 15, 2010
Jul 15, 2010

Marketplace Morning Report for Thursday, July 15, 2010

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Marketplace Morning Report for Thursday, July 15, 2010

Segments From this episode

SEC considers settling lawsuit against Goldman

Jul 15, 2010
The Securities and Exchange Commission is talking to Goldman Sachs about settling its lawsuit against the bank over its actions during the housing collapse.

City budgets stuck between cutting or borrowing

Jul 15, 2010
Many U.S. cities started the fiscal year on July 1 with budget holes so big, they only had two options for successfully long-term solutions.

Lackluster growth eases some of China's economic concerns

Jul 15, 2010
New numbers indicate China's economic growth has slowed slightly, indicating the country's efforts to cool down its economy are working.

Despite the past, Europe exploring mortgage-backed securities

Jul 15, 2010
Although mortgage-backed securities played a pivotal role in the global financial crisis, signs indicate that banks in Europe are once again exploring this as an investment vehicle. Stephen Beard makes the case for them.

Outlook for banks improving over last year

Jul 15, 2010
Last year, the Treasury's stress tests found 10 of the 19 biggest U.S. banks likely couldn't weather a severe recession. Now, banks are expected to be in the black.

FDA says Avandia can stay on market despite risks

Jul 15, 2010
A Food and Drug Administration advisory panel recommended that GlaxoSmithKline's billion-dollar diabetes drug, Avandia, be allowed to stay on the market.

JP Morgan makes $4.8 billion in quarter

Jul 15, 2010
JP Morgan Chase earnings are up significantly quarter over last year. The robust numbers were unexpected in a currently volatile stock market.

Congress wants to limit BP's U.S. drilling

Jul 15, 2010
Members of Congress are trying to restrict BP from drilling new oil and gas wells in the U.S.

Making a case for immigrants and innovation

Jul 15, 2010
Opponents of immigration are belting some harsh rhetoric in the wake of Arizona's new hard-line laws. But economics editor Chris Farrell explains why immigrants are crucial to U.S. entrepreneurship.

Financial reform changes won't be noticeable immediately

Jul 15, 2010
The new financial regulations bill cleared its last real hurdle today and the president will likely sign it into law early next week. But it could take awhile for anybody to really notice.

California sues Fannie and Freddie

Jul 15, 2010
Steve Chiotakis talks to the Wall Street Journal's Nick Timiraos about California's lawsuit against Fannie Mae and Freddie Mac over clean-energy home loan programs.

Marketplace Morning Report for Thursday, July 15, 2010