Marketplace Morning Report for Tuesday, June 22, 2010

Episode Description 
Marketplace Morning Report for Tuesday, June 22, 2010

Britain unveils severe emergency budget cuts

The British government has unveiled the harshest budget for the U.K. in over three decades.

One-child workers: A generation of 'little emperors'

Between a bustling economy and a generation that won't settle for anything less than their lofty expectations, Human Resource managers in China have their work cut out for them.

Bank overdraft protection will now be optional

Starting next week, people who open a bank account will have to opt-in to overdraft protection, effectively ending the surprise $40 cup of coffee.
Posted In: Investing

Ambitious homelessness plan would ease social service budgets

The Obama Administration is unveiling an ambitious national plan to end homelessness that could help shave millions of dollars off stressed hospital and police budgets.
Posted In: Housing

UPDATE: Court overturns deepwater drilling moratorium

A court decided to roll back President Obama's six-month moratorium on deepwater oil exploration in the Gulf of Mexico.
Posted In: Jobs, Oil

Rising price of oysters takes toll on po-boy

The latest casualty of the Gulf oil spill: The oyster po-boy, a famous New Orleans sandwich and longtime staple regional food. High prices of oysters are even forcing some restaurant owners to knock the food off their menus.
Posted In: Food

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