10/01/09
Marketplace Morning Report for Thursday, October 1, 2009
Episode Description:
Marketplace Morning Report for Thursday, October 1, 2009
To view this content, Javascript must be enabled and Adobe Flash Player must be installed.
0
A sharp rise in consumer spending
Consumer spending, propelled by the wildly popular Cash for Clunkers auto sales program, shot up in August by the largest amount in nearly eight years. Steve Chiotakis gets more from Bill Stone of PNC Wealth Management.
2
Congress eyes big overdraft fees
Some of America's biggest banks have announced changes to their overdraft policies, but that's not stopping Congress from considering a crackdown. Bill Radke talks to L.A. Times business columnist David Lazarus.
8
Why the Saturn deal fell through
General Motors is getting rid of its Saturn brand after a deal to sell it to former race car driver Roger Penske fell through. Steve Chiotakis talks to Marketplace's Alisa Roth about why the deal flopped.
20
Was your loan modification denied?
Mortgage holders who have been turned down for loan modifications can at least take solace in a bit of clarity. Starting today, the Treasury will require financial institutions to say why they reject requests. Danielle Karson reports.
0
Designers look to fashion of recovery
With Fashion Week at full speed, we thought we'd get a handle of the industry from an expert. Steve Chiotakis talks to Project Runway's Tim Gunn about what designers are focusing on through the economic downturn.
0
U.K. defense firm accused of bribery
British fraud investigators are accusing BAE, the U.K.'s biggest defense firm, with bribery. The fourth-largest supplier to the Pentagon has been accused of paying millions in bribes to win contracts overseas. Stephen Beard reports.
3
Ag bill favors small dairy farmers
The House and Senate have agreed to reconcile different versions of an agriculture bill worth about $23 billion, which includes a bailout for dairy farmers. Joel Rose explores who the bill would help most.
3
A new era for domain name endings
The Internet Corporation for Assigned Names and Numbers, which is responsible for assigning domain names, will make more endings available beyond just dot-com, dot-net, and dot-biz. That has some U.S. companies reeling. Ashley Milne-Tyte reports.
1
Lewis to retire with over $50M pension
Bank of America CEO Kenneth Lewis surprised the bank's board with his retirement announcement yesterday. Though he won't get a severance package, he will get a pension valued at more than $50 million. Alisa Roth reports.
0
China still growing under communism
Today commemorates the 60th anniversary of the Communist Party's overtaking of China, and the country is still growing in the global economy. Steve Chiotakis discusses why with Marketplace's Scott Tong.
Browse the show calendar
Buzzworthy
Recent comments on our stories..
High-frequency trading: Bad for markets... and the soul?
Hi,
First I'd like to thank everyone for listening to what I had to say, it's really an honor to have been on marketplace. Second...
Nick Hanauer on the TED talk, income inequality controversy
If the idea of "trickle-down economics" hasn't worked---when governments have actually *tried* it, rather than a form they...
kingjon | May 18, 2012 Time to bring back Glass-Steagall?
I can finally agree with Robert Reich100%. To our detriment, banks have forgotten that there is a difference between manipulating money, and...
pauliswood | May 16, 2012 Hey brogrammer, let's crush some code
So happy to see this being spoken about openly. Most forms of tech are tainted by this problem in one way or another. I would venture to say that...
Antos101 | May 16, 2012
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.
