Marketplace Morning Report for Thursday, November 14, 2013

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Episode Description 
Federal Reserve chair nominee Janet Yellen starts the confirmation process in front of the Senate Banking Committee today. The text of her prepared remarks is already out and there are four key words in it: The Fed has, Yellen will say, "more work to do." That might mean the Fed has more stimulus to do, and stocks are rallying today. Walmart will announce its quarterly profits this morning. The National Retail Federation projects that average American shopper will spend $737.95 on holiday shopping -- that's down 2 percent from last year. And, Venezuela has a terrible inflation problem. Consumer prices jumped 54 percent last month alone. Venezuelan President Nicolás Maduro blames what he calls "hoarding and speculation," and he's taking some dramatic steps to combat the problem.

#AskJPM? 'Bad idea.'

A JPMorgan Twitter Q&A quickly turned into a public relations disaster
Posted In: JPMorgan Chase, Twitter

PODCAST: Yellen on the hot seat

Janet Yellen was the advocate for more transparency by the Fed. What will she do as chair? A JPMorgan Twitter Q&A quickly turned into a public relations disaster. And, there are still people who make a living selling typewriters to law offices.

WikiLeaks exposes Pacific Rim treaty's secret IP provisions

Wikileaks has leaked a new document, one that shows an evolving international conversation about intellectual property in the digital world.
Posted In: wikileaks, intellectual property

What does Janet Yellen mean by 'more work to do'?

The head of the Federal Reserve doesn't have to listen to Congress after confirmation, but a nominee does have to listen before hand
Posted In: Janet Yellen, Federal Reserve

As Venezuelan inflation hits new highs, a crackdown on consumer prices

Venezuela has a terrible inflation problem, and the government's dramatic steps to fix them problem aren't likely to make a real impact.
Posted In: venezuela, inflation

Typewriters, somehow, still in demand

There are still people who make a living selling typewriters to law offices, funeral parlors, and anybody else who fills out a lot of forms.
Posted In: typewriters

Walmart and other retailers will do anything to get shoppers in the door this holiday

Walmart and other retail chains are rolling out plans for making the most from a short shopping season.
Posted In: Walmart, Black Friday, holidays

Will Yellen continue to pull back the Fed's curtains?

Janet Yellen was the advocate for more transparency by the Fed. What will she do as chair?
Posted In: Fed, Bernanke, Janet Yellen

Snapchat thinks it can do a lot better than Facebook's $3 billion

The social media service reportedly declined a $3 billion offer from Facebook
Posted In: Snapchat, Facebook

Music from this show

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I Turn My Camera On
Spoon
Catamaran
Allah-Las
You Wish You Were Red
Trailer Trash Tracys
Strandbar (disko)
Todd Terje
The Raft
Fat Freddy's Drop