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Marketplace Morning Report for Thursday, July 21, 2011

Episode Description 
Marketplace Morning Report for Thursday, July 21, 2011

Wall Street prepares for a U.S. debt default

Louise Story, business reporter with the New York Times, discusses her article on Wall Street's fallback plans if Congress doesn't raise the debt ceiling before August 2nd.
Posted In: Wall Street

Congressional spat threatens funds for FAA

The Federal Aviation Administration could face a shutdown this weekend if Congress cannot agree on budget subsidies. The major sticking point is subsidies for small, rural airports.
Posted In: Wall Street

Product pirating hits Apple -- and Apple stores

Shoppers and workers at China's newest Apple store were surprised to discover their products -- and the store itself -- were pirated.

U.S. debt ceiling plans take some shape

Diane Swonk, chief economist with Mesirow Financial, takes a look at the debt debates in Washington.

What is a 'selective default?'

European leaders are meeting today in Brussels to discuss a second bailout for Greece, but the package could send the country into a 'selective default.'

Why the economic slowdown may help prevent heatwave power outages

With national temperatures hitting record highs this summer, energy experts express concerns over the nation's power supply.

Analyst: No good way to prepare for Greek, U.S. defaults

Guy LeBas, chief fixed income strategist at Janney Montgomery Scott, explains how temporary defaults in both Greece and the U.S. could affect markets.

New Russian law classifies beer as alcohol

Russian President Dmitry Medvedev has signed a bill that officially classifies beer as an alcohol -- not food. It's a move that could upset the international brewing industry.
Posted In: Food

DC walking tour: The CFPB friends and foes

Economy 4.0's David Brancaccio takes us to the government institutions that can help -- and hurt -- the new Consumer Financial Protection Bureau.

Will a second Greek bailout make or break Eurozone?

European leaders are holding an emergency meeting in Brussels today over fears that the economic instability in Greece has spread to much larger economies -- namely Spain and Italy.

Las Vegas could lose millions over NFL lockout

While the National Football League is stalled by player-owner disagreements, bookies in Las Vegas are set to lose millions of dollars.
Posted In: Sports

Debate renews on for-profit colleges

Hearings seek suggestions on how to improve success rates at for-profit colleges and also reduce high rate of defaults on federal student loans.
Posted In: Education

Captain Planet -- the movie?

Another superhero is about to move from cartoons to the movies, this time television's first environmental program for children, from the 1990s.
Posted In: Entertainment

Music from this show

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Lead The Way
Szjerdene
Baghdad Sun
Apollo Brown
Little Man
Little Dragon