Marketplace Morning Report for Tuesday, December 14, 2010

Episode Description 
Marketplace Morning Report for Tuesday, December 14, 2010

Gordon Brown on what went wrong with globalization

Steve Chiotakis talks to former U.K. prime minister Gordon Brown about the beginnings of the financial crisis and about Brown's new book, "Beyond the Crash: Overcoming the First Crisis of Globalization."

Mass transit tax break could provide numerous benefits

The mass transit tax break would allow commuters to write off up to $230 per month for using public transportation like buses or van pools. And as David Gura reports, it could help out the economy in a lot of other ways too.
Posted In: Transportation

This year's movies kept viewers guessing

Hollywood's awards season is about to start. Looking back on this year's film, one trend sticks out: the questioning of facts -- even in documentaries. And it seems like filmgoers liked it.
Posted In: Entertainment

Sensors to replace airport runway marshalers

Anyone who's been at an airport is familiar with the marshalers, the workers with wands guiding planes around the runways. But now American Airlines has begun using sensors as a way to guide planes. Are marshalers in danger of losing their jobs?
Posted In: Airlines

What do today's retail numbers mean for the holiday season?

Steve Chiotakis speaks with Marshall Cohen, chief retail analyst with the NPD Group about what today's retail numbers mean for the holidays, and this year's holiday shopping trends.
Posted In: Retail

Federal mortgage modification program HAMP takes criticism

There is more criticism for a federal mortgage modification program included in the TARP bailout. TARP's congressional watchdog says HAMP has left billions of federal dollars unspent and millions of homeowners dissatisfied. Janet Babin reports.

Commerce Department announces fifth straight month of rising retail numbers

Jeremy Hobson speaks to Juli Niemann, analyst at Smith Moore and Company, about retail numbers and Best Buy's retail struggles.
Posted In: Retail

JC Penney opens a new store -- on Facebook

Department store JC Penney wants to turn Facebook fans into shoppers. It's one of the first major retailers to launch a web-store inside Facebook. Janet Babin has more.
Posted In: Retail

Congressional report says TARP mortgage modification program has not been effective

Jeremy Hobson speaks to Ted Kaufman, chair of the Congressional Oversight Panel, about TARP's mortgage modification program, and the status of TARP.

Britain trims its Christmas tree budget

Last year, the British treasury tree cost $1,400. This year, the UK finance minister tried to cut that cost, and met resistance.

Ireland bans bank bonuses

Ireland's Finance Minister has banned Allied Irish Bank from giving its employees $53 million in staff bonuses. Stephen Beard explains.
Posted In: Banks

Lower court judge declares part of Obama's healthcare law unconstitutional

It looks like President Obama's healthcare law will be decided by the Supreme Court. Yesterday a lower court judge declared part of the law unconstitutional. Janet Babin has more.
Posted In: Health

Music from this show

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Please Don't Go
Mike Posner
Jessamyn's Reel
Chris Thile
Poker Face
Lady Gaga