02/14/12
Marketplace Morning Report for Tuesday, February 14, 2012
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Two former Bear Stearns executives accused of misleading investors about the quality of risky mortgages have settled with the federal government. Waffle House is transforming more than a hundred restaurants into Valentine wonderlands. President Obama is meeting today with Chinese Vice President Xi Jinping, who is expected to be the next president of China. And some experts are looking to Zynga's earnings to help predict how Facebook will fare in the coming months.
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Germans reacting to protests in Greece
Greece today is trying to find another few hundred million dollars worth of budget cuts. Meanwhile, the rating agency Moody's has downgraded the credit ratings of six European countries, which is likely to make matters worse.
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Payroll tax cut extension deal could come soon
After much disagreement, it looks as though House Republicans and Democrats might soon agree to extend the payroll tax cuts, which put a little extra money into our wallets each month.
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Valentine's Day for American children today
Have classrooms on Valentine's Day really changed all that much since we were kids?
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Valentine's Day: Let's do the numbers
How much will we spend on gifts for those we love today?
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January retail sales lower than expected
The government said this morning that retail sales inched up 0.4 percent last month. That was lower than expected.
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Volcker Rule aims for fewer risks in the market
There's renewed debate today about the so-called "Volcker Rule." It's part of the Dodd-Frank Wall Street reform passed two years ago. Basically, the Volcker Rule says banks should take fewer risks in the market.
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PODCAST: Retail sales and valentine hearts
Two former Bear Stearns executives accused of misleading investors about the quality of risky mortgages have settled with the federal government. Waffle House is transforming more than a hundred restaurants into Valentine wonderlands. President Obama is meeting today with Chinese Vice President Xi Jinping, who is expected to be the next president of China. And some experts are looking to Zynga's earnings to help predict how Facebook will fare in the coming months.
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The Westminster Dog Show and the pet economy
Does the best breed at the Westminster dog show impact the broader pet economy in America?
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What California hopes to get from China
Los Angeles is on the agenda for Chinese Vice President Xi Jinping's U.S. visit. California and China have multiple ties, and this visit could set a standard for future negotiations.
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New SEC settlement tests regulator's mettle
SEC settles fraud case with former Bear Stearns hedge fund managers. Despite public pressure, the SEC fails to wrest admissions of guilt.
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Zynga earnings to give clues about Facebook
Online gaming company is important to Facebook's bottom line.
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Waffle House gets in the mood for Valentine's Day
Waffle House and other decidedly downscale eateries are wooing customers with Valentine's Day dinner.
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China's Xi Jinping visits Washington
Xi Jinping, China's current vice president, will be taking over the country later this year. Barbara Franklin, a former Commerce Department Secretary from the first Bush administration, discusses what the power shift will mean to the U.S.
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Chinese leader faces mixed reception in the U.S.
Xi Jinping, who's likely to be China's next president, may face some criticism when visiting Washington D.C. today.
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Cold temperatures in Europe mean better ice fishing
This winter has be harsh in many parts of Europe. And while in many places it is keeping people bundled up inside and businesses hurting, some areas are actually benefiting.
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