Marketplace Morning Report for Tuesday, June 29, 2010

Episode Description 
Marketplace Morning Report for Tuesday, June 29, 2010

Why single-family home prices rose

Juli Niemann at Smith, Moore & Company talks with Bill Radke about why single-family home prices came up unexpectedly in the latest report from Standard & Poor's and Case-Shiller.

China, Taiwan sign historic trade pact

China and Taiwan signed a trade deal that Taiwanese officials call the most important development in their relationship in more than 60 years. The deal gives access to each other's markets, but it's also a big political step for China.

Google takes steps to stay in China

Google will stop automatically rerouting users of its China search site to its Hong Kong site. Google's license to do business in China expires tomorrow and Beijing was threatening not to renew it. What does the move mean?
Posted In: Internet

Drug gangs moved money via Wachovia

Mike Smith, Latin America correspondent for Bloomberg Markets magazine, talks with Steve Chiotakis about an article he wrote that reveals which U.S. banks helped move money to drug cartels in Mexico.
Posted In: Crime, Mexico

More Greek strikes may hurt tourism

Greek unions are staging their fifth general strike of the year. The 24-hour stoppage has hit the country's largest port, raising fears about Greece's most important industry. Stephen Beard reports.

Unions cry foul over benefit cuts

A fight's brewing in Baltimore over efforts to cut pensions for cops and firefighters. It mirrors similar struggles across the U.S. As local governments try to balance their budgets, retiree benefits are a juicy target. Mitchell Hartman reports that doesn't sit well with public-employee unions.
Posted In: Retirement

'Debt will cause another crisis'

Henry Blodget, editor-in-chief of The Business Insider, talks with Bill Radke about why he believes that even with the new proposed financial reform measures we are at risk for another global crisis.

How BP's woes might hurt the market

The center of Tropical Storm Alex is not expected to pass near the site of BP's leaking oil well in the Gulf of Mexico. But it could delay oil collection efforts, and that could be bad news for the company's financial health.
Posted In: Oil

Music from this show

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How Long Do I Have To Wait For You?
Sharon Jones & The Dap-Kings
Get out of This House (Album Version)
Shawn Colvin
How's Your Love Life
Wallspace

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