Marketplace Morning Report for Thursday, September 19, 2013
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Europe's reaction to the big non-tapering Fed news. Companies now will have to report how their CEOs' pay stacks up against the pay of their other employees. And with Mexico close to missing out on next year's World Cup, a look at how important soccer is to the country's economy.
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The Federal Reserve's big surprise: no cuts to bond buying for now, the economy isn't strong enough. JPMorgan agrees to pay up big for trading loss. Homes in Indiana on sale for $1. And the glamorous side of journalism.
Posted In: London Whale, JPMorgan Chase
The 'London Whale' saga continues
Posted In: housing market, Indiana, mortgage crisis, steel
But there's a catch.
Posted In: Internet addiction, treatment center, Internet, Health
The nation's first inpatient treatment center for Internet addiction opens in Pennsylvania.
Posted In: Facebook, first amendment, free speech
Now when you 'like' something on Facebook, you're exercising your First Amendment rights.
For many economists, yesterday's news from the Federal Reserve came out of left field. Apparently, the economy still isn't strong enough to taper off that bond buying stimulus.
Posted In: CEO salaries, pay ratio, SEC, workforce, JPMorgan Chase, Chipotle
The SEC wants companies to disclose the gap between CEO and median-employee compensation. The idea gained traction after the financial crisis amid broader concerns about income inequality.