Marketplace Morning Report for Tuesday, February 26, 2013
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Global stock markets are falling this morning after Italian voters gave the world's eighth largest economy a dose of political uncertainty. No political party won a clear majority in parliament. One of the biggest threats American companies are grappling with right now is the threat of a cyber attack. But the way the business community has responded to a recent string of hacking incidents thought to be coming from China is attracting criticism. And the price of lumber is up again, but does that mean we will see more trees falling?
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Posted In: Ben Bernanke, Federal Reserve, Monetary and fiscal policy
In his semi-annual report to Congress, Ben Bernanke reaffirmed the Federal Reserves bond buying policy, but said monetary policy alone cannot prop up the economy.
With no victor in Italy's election, uncertainty wins the day. How does the sequester compare to budget cuts past? And mobile ads struggle to attract marketers.
Posted In: sequester, Obama, budget cuts
Budget cuts known as sequester aren’t unprecedented, experts say. But their timing and indiscriminate nature are worrying.
Posted In: italy, Berlusconi, Mario Monti, Europe debt crisis
The European debt crisis has calmed down a lot in the past few months, but elections in Italy have ended in deadlock and uncertainty is back.
Posted In: China, hacking, Tech
Experts say China's hacking is motivated by the need to innovate, but many of the U.S. firms that are victims need to reconsider their response to the attacks.