Marketplace Morning Report for Tuesday, June 12, 2012

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Global stock markets are turning their attention back to Greece and its elections this weekend that could lead to an exit from the euro. General Motors shareholders gather today for their annual meeting where one of the main questions will be: Why has the carmaker's stock price been sagging in spite of its solid earnings? A new study that finds Americans paid $30 billion in overdraft fees last year despite efforts to curb them. Despite the shortened NBA season, basketball viewership is up thanks to the likes of Jeremy Lin and the 76ers.

IMF says Chinese currency a little stronger

But experts say the yuan is still substantially undervalued against the U.S. dollar. And the change won't mean much improvement in the persistent U.S.-China trade imbalance.
Posted In: China, yuan, IMF

NBA viewership up despite shortened season

Jeremy Lin and other dramatic storylines have more people watching.
Posted In: Sports, NBA, basketball, Jeremy Lin

GM shareholders meeting could focus on sagging stock

When the government divests more than 500 million shares of General Motors, stock acquired in the bailout deal could affect the price.
Posted In: Auto, General Motors, GM

Money Matters: Bank customers v. overdraft fees

A new study that finds Americans still paid $30 billion in overdraft fees last year despite efforts to curb them. Here are the facts you need to know.
Posted In: Money Matters, overdraft fees

A professor's perspective: How did Greece get here?

Global stock markets have turned their attention to Greece in anticipation of its elections this weekend that could lead to a Greek exit from the euro. How did Greece get here? We get a professor's perspective.
Posted In: Greece, elections, Europe debt crisis

Companies draw contingency plans for Greek exit

While most experts are still calling a return to the drachma for Greece unlikely, private companies are scenario planning just in case.
Posted In: Greece, euro, insurance, currency

Recession wipes out family net worth, but not income

A new report from the Federal Reserve shows that the median net worth of the American househeld is down 40 percent since 2007 and income is down 7 percent.
Posted In: income, net worth, Federal Reserve, recession

Scott Patterson on the robot infestation of Wall Street

Machines -- they do such a good job cleaning your dishes, but what about running your stock market? In his new book, Dark Pools, Scott Patterson says that technology on Wall Street has left regulators mystified.
Posted In: stock market, robots

Hesitant outlook for small business owners

The index of Small Business Optimism fell by a tenth of a percent last month, but small businesses that weathered the recession may finally be beginning to hire.
Posted In: Small Business, recession, net worth

North Dakota could eliminate property tax

If voters today choose to wipe out the property tax in the state, it would be a first for the nation and would be nearly $1 billion taken from the budget.
Posted In: North Dakota, property tax

PODCAST: A bed that makes itself and Game of Thrones pirates

Global stock markets are turning their attention back to Greece and its elections this weekend that could lead to an exit from the euro. General Motors shareholders gather today for their annual meeting where one of the main questions will be: Why has the car maker's stock price been sagging in spite of its solid earnings? A new study that finds Americans paid $30 billion in overdraft fees last year despite efforts to curb them. Despite the shortened NBA season, basketball viewership is up thanks to the likes of Jeremy Lin and the 76ers.

Should we give money to drivers who reduce traffic?

How would you like to skip traffic on your way to work, and also be paid for it? A new project out of Stanford and backed by the U.S. Department of Transportation is experimenting with just that in an effort to reduce city congestion.
Posted In: Traffic, cars, urban planning

Music from this show

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Mozaik
Zomby
Bakerman (Soul Clap Remix)
Laid Back
Do It Again
Holy Ghost!

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