Marketplace Morning Report for Thursday, July 3, 2008

Episode Description 
Marketplace Morning Report for Thursday, July 3, 2008

Job losses in every direction

Most industries experienced job cuts last month, and the rise in energy prices has yet to fully factor into the big economic picture. Amy Scott reports it could be worse -- and probably will become worse.
Posted In: Jobs

What's dragging down Asian markets?

Energy prices are one of the major factors dragging down the Asian market. Scott Jagow talks to Scott Tong in Shanghai about Japanese and Chinese stocks and why China's market is down 60 percent from last year.

Flood risks call for housing safety

The National Wildlife Federation says climate change is making flooding far more likely and wants Congress to mandate that houses be built on safe terrain. Nancy Marshall Genzer has more on a flood insurance bill.

ECB firm against interest rate pressure

Despite pressure from the U.S. Treasury and European politicians, the European Central Bank seems intent on raising interest rates. Stephen Beard reports the bank's objective is to use higher rates to curb inflation.

Grain prices eat at organic industry

Organic food producers are feeling the pinch of surging grain prices, and some are predicting an all-out contraction. Sam Eaton hangs out with one dairy farmer who has gone into the red to feed his cows.
Posted In: Agriculture

Salaries up for recent college grads

An employment survey found starting salaries among recent college grads are up across the board on average of 7 percent over last year. Jeremy Hobson reports which saw the biggest income increase.
Posted In: Jobs

Chrysler's $3 gas a cheap idea?

Chrysler wants to boost weak sales by offering a gas incentive: $3 a gallon for three years. But with gas prices only rising, is that a smart move? Rico Gagliano looks into how much money customers would save with the deal.
Posted In: Auto

Music from this show

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Let Them Knock
Sharon Jones & The Dap-Kings
Life In Technicolor
Viva La Vida Or Death And All His Friends

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