Oct 17, 2013

Marketplace Morning Report for Thursday, October 17, 2013

The shutdown of the federal government is over and the debt ceiling has been raised. Furloughed federal workers are headed back to work starting today, and America will be able to pay its bills with borrowing authority extended through early February. The fight is over for now, but has the damage already been done? A credit ratings agency in China downgraded the U.S., despite the resolution to the fiscal battle. A new study finds that offering a bonus to teachers works -- under certain conditions. And, New York's Columbus Circle just won the coveted title of "Best Roundabout in the World 2013." The award is helping focus American minds on the benefits of this typically British traffic management system.

Segments From this episode

Should steelworkers get paid to get dressed? The Supreme Court will rule on it

by Aaron Mendelson

Oct 14, 2013

In November, the Supreme Court will hear arguments in a case that hinges on the definition of clothing.

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As global traffic spirals, roundabouts are on a roll

by Stephen Beard

Oct 17, 2013

Roundabouts are becoming increasingly common here in America, and in other countries.

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Guess what? Giving good teachers bonuses works

by Shannon Mullen

Oct 17, 2013

A new study from Stanford University says giving teachers a big bonus for raising student test scores is effective.

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Raising the Debt Ceiling

If 'creditworthiness is like virginity,' did the U.S. just lose it?

by Rob Schmitz

Oct 17, 2013

America's creditworthiness takes a hit in Asia, even with the debt ceiling raised and the government reopening.

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Raising the Debt Ceiling

S&P: Shutdown and debt battle cost U.S. economy $24 billion

by Nancy Marshall-Genzer

Oct 17, 2013

The aftermath of the debt ceiling debacle: consumer confidence is shaken, companies aren't spending, interest rates will rise, the nation's credit rating is in jeopardy, and GDP growth takes a hit.

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Mid-day Update

PODCAST: The debt ceiling battle's aftermath

by David Brancaccio

Oct 17, 2013

The aftermath of the debt ceiling debacle: consumer confidence is shaken, companies aren't spending, interest rates will rise, the nation's credit rating is in jeopardy, and GDP growth takes a hit. Is Google’s strong-arming of advertisers to buy ads across multiple platforms paying off? And, in November, the Supreme Court will hear arguments in a case that hinges on the definition of clothing.

LISTEN

EMBED

The shutdown of the federal government is over and the debt ceiling has been raised. Furloughed federal workers are headed back to work starting today, and America will be able to pay its bills with borrowing authority extended through early February. The fight is over for now, but has the damage already been done? A credit ratings agency in China downgraded the U.S., despite the resolution to the fiscal battle. A new study finds that offering a bonus to teachers works — under certain conditions. And, New York’s Columbus Circle just won the coveted title of “Best Roundabout in the World 2013.” The award is helping focus American minds on the benefits of this typically British traffic management system.