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Marketplace Morning Report for Thursday, July 5, 2012

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Episode Description 
The latest focus for Congressional Republicans is what they call the "onerous burdens" of Wall Street reform, as in the Dodd Frank regulatory overhaul of the financial sector. They say the new regulations are hurting small community banks far from Wall Street. Europe's tallest skyscraper, the Shard, is opening today on the south bank of the Thames River. And as we all recover from a long day of beaches, barbeques and fireworks, Marketplace economics correspondent Chris Farrell gives us a snapshot of American economic dependence through the years.

Retailers report disappointing June sales data

Amidst glimpses of positive economic indicators, dismal consumer confidence continues as retail sales figures are down for chain stores in June.
Posted In: Retail, Earnings, Costco, consumer confidence

Luxury brands adding more airport locations

In recent years, sales at airports and other travel venues have risen far more quickly than at regular stores for many chains, prompting luxury retailers to focus on the travel market.
Posted In: air travel, airport, luxury

PODCAST: Central bank stimulus, the EU's tallest building

The latest focus for Congressional Republicans is what they call the "onerous burdens" of Wall Street reform, as in the Dodd Frank regulatory overhaul of the financial sector. They say the new regulations are hurting small community banks far from Wall Street. Europe's tallest skyscraper, the Shard, is opening today on the south bank of the Thames River. And as we all recover from a long day of beaches, barbeques and fireworks, Marketplace economics correspondent Chris Farrell gives us a snapshot of American economic dependence through the years.

China and EU stimulus may lift U.S. economy

Today central banks in Europe and China announced new monetary stimulus measures to spur economic growth. How will the global stimulus measures impact the U.S. economy and unemployment?
Posted In: jobs report, Federal Reserve, Unemployment, interest rates

Taco Bell unleashes more expensive menu items

Forget fourth meal -- now Taco Bell is serving up new menu items that seemingly aim to compete with Chipotle. Will the strategy really work?
Posted In: Taco Bell, Chipotle

A week after Supreme Court decision, Americans still divided

It's been exactly a week since the Supreme Court announced that President Obama's healthcare overhaul is constitutional. Have Americans shifted their view of the law?
Posted In: health care, Affordable Care Act, Barack Obama

What to expect from June jobs report

Today's job numbers are good, but economists still think tomorrow's will be mediocre.
Posted In: Jobs, Unemployment, labor

South Korea wants to resume whaling

South Korea asks the International Whaling Commission, currently meeting in Panama, to allow limited whaling for scientific reasons in its waters.
Posted In: whale, South Korea

Planned job cuts at 13-month low

Ahead of tomorrow's June jobs report, data today shows the number of planned job cuts at U.S. companies has dropped to the lowest level in 13 months.
Posted In: jobs report, Unemployment, layoffs, recession

'Hispanic vote' different from generation to generation

A lot of people tend to say there's the Hispanic market, or politically, there are Hispanic voters. But it really does vary on whether the respondent is an immigrant, their parents came here, or both them and their parents were born in the U.S.
Posted In: Hispanics

Government report blames Fukushima disaster on culture

A Japanese government report on the Fukushima nuclear crisis puts the blame squarely on culture -- namely, a cozy relationship between politicians, regulators and the nuclear power industry. It goes so far as to suggest the accident might have occurred even without an earthquake and tsunami.
Posted In: Japan, tsunami, Tepco

American economic independence through the years

As you recover from yesterday's beach trips and barbeques, we take a look back at economic independence throughout American history with Marketplace economics correspondent Chris Farrell.
Posted In: financial independence, Fourth of July

The Shard, Europe's tallest skyscraper, opens today

Europe's tallest skyscraper is opening today on the south bank of the Thames River. It's called the Shard -- as in a shard of glass -- and it's more than a thousand feet tall. But the real challenge wasn't just building it; they also need to find a way to fill it up.
Posted In: London, architecture, The Shard

Small bankers fear Dodd-Frank rules

Community bankers worried about regulation burden despite exemptions.
Posted In: small banks, dodd-frank

Music from this show

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The Stranger
RJD2
Let There Be Horns
RJD2
I Walked Alone
Yacht
A Blade Won't Cut Another Blade
The Funk Ark
The Dreaming Mind (Part 1)
Quantic feat. Combo Bárbaro