Marketplace Morning Report for Thursday, July 19, 2012

Episode Teaser Image 
Episode Description 
It appears more of the world's largest banks are getting roped into allegations of fraud. Four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR. Of course, this banking scandal comes on the heels of the monster JP Morgan trade-gone-bad, which has cost the bank billions of dollars. What can be done to keep these problems from happening? And more than a dozen top-tier universities are signing on to a plan that will make college more affordable -- by offering some of their courses online for free.
0

PODCAST: Banking scandals march on, food prices hit by drought

It appears more of the world's largest banks are getting roped into allegations of fraud. Four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR. Of course, this banking scandal comes on the heels of the monster JP Morgan trade-gone-bad, which has cost the bank billions of dollars. What can be done to keep these problems from happening? And more than a dozen top-tier universities are signing on to a plan that will make college more affordable -- by offering some of their courses online for free.
0

When big celebrities leave Twitter

So there seems to be a trend developing over in the social media world: From Alec Baldwin to John Mayer, more and more big name celebrities are dropping out of the Twitter-verse.
Posted In: Twitter, celebrity, Alec Baldwin, mid-day extra
1

Cable shows clean up Emmy nominations

Emmy nominations are out this morning and they're full of shows from cable -- AMC's Mad Men got the most. Have the broadcast networks been replaced by cable and how do online only shows fit in?
Posted In: tv, emmy's, cable, netflix
0

Nokia hangs on, but announces $1.5 billion loss

Until this year, Nokia was the world's biggest maker of cell phones. Today the company announced a $1.5 billion quarterly loss and slashed the price of its new headline handset, the Lumia 900.
Posted In: nokia, cell phones, windows 8
0

Americans worried more about obesity than alcohol

A new study in the journal Lancet says lack of exercise now causes as many deaths as smoking. And according to the latest figures, obesity costs Americans about $200 billion a year in medical expenses. So perhaps it makes sense that for the first time, Americans polled by Gallup see obesity as a bigger problem than smoking or alcohol consumption.
Posted In: alcohol, obesity
0

How economic sanctions affect Syria

At the UN today, the Security Council is expected to vote today on economic sanctions against Syria, in an effort to help end the 16 month conflict between the government of Bashar Al-Assad and rebel forces. But will more economic sanctions work?
Posted In: syria, sanctions, United Nations
0

Ag Secretary Tom Vilsack on the worst drought in decades

Soybean prices have reached a record high, and corn prices are near records in the midst of a rough drought across the Midwest. It could impact all of us soon in the form of higher prices for everything from cereal to chicken.
Posted In: Agriculture, drought, corn, Tom Vilsack
0

China offers $20 billion in aid to Africa

China held a forum with African leaders today, offering $20 billion in loans to countries throughout the continent over the next three years. The pledge almost doubles China's previous aid to Africa, strengthening a relationship that has attracted a lot of criticism from the West.
Posted In: China, Africa, foreign aid
2

Americans' priorities for fixing the economy

Our politicians can't seem to work it out; how do ordinary Americans think we should fix the economy?
Posted In: Jobs
2

Four more banks under investigation in LIBOR scandal

According to the Financial Times newspaper, four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR.
Posted In: banking, LIBOR, London
2

Top-tier universities offer online classes for free

But these still won't compete with the brick-and-mortar institutions.
Posted In: online education, college
0

CFPB levels first fine on Capital One

Capital One must pay $210 million after settling charges from the Consumer Financial Protection Bureau that it misled credit card customers.
Posted In: Capital One, CFPB, Consumer Financial Protection Bureau
4

Why it might be time to break up big banks

As banks face scrutiny over questionable practices, Chris Farrell explains why breaking up some of our biggest banks would solve a lot of problems.
Posted In: Banks

Music from this show

Click below to purchase songs from this show through our Amazon affiliate.

I Got The... (2006 Digital Remaster)
Labi Siffre
night falls
Booka Shade
Root Juice
Chris Joss
The Product
Freeway & Jake One

Browse the show calendar

S M T W T F S
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
 
 
 

Buzzworthy

Recent comments on our stories..

mormuno01's picture

The secret life of a food stamp

Your article makes a lot of sense. Without the help of food stamps these people that are spending money at Walmart would be on the streets,...

wcourchesne's picture

What 1717 means: your trolley number guess

I have no idea what 1717 refers to but I do know Marketplace is always great to listen to! Keep going...

zingledot's picture

Attack of the shrimp (prices)

This issue has been going on for some time, actually. Anyone in the restaurant business feels this pain. More than a year ago the price for our...

sgardner's picture

Attack of the shrimp (prices)

 If you’re a shrimp lover you may be wondering why you’re paying more for your favorite shrimp cocktail or Pad Thai. It’s actually a bacterial...

Connect
Submit your Personal Finance Questions to the Getting Personal blog.

BECOME A MARKETPLACE SOURCE!

Join the Public Insight Network and help us tell the story. Sign Up Now or browse recent questions from the Network below.