Marketplace Morning Report for Tuesday, November 15, 2011
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On this Tuesday morning, news is breaking out of New York that that Occupy Wall Street protesters are being evicted from Zuccotti Park, the founding location of the Occupy movement. And we've heard of technocrats in Italy, but it looks like Flint, Mich. could also be going down that path.
Posted In: European Commission, Moody's
The big credit ratings agencies -- S&P, Moody's -- faced enormous criticism in the United States for their role in the housing crisis. In Europe, many countries now say those same firms are feeding the debt crisis. So European regulators are pushing back.
Posted In: Occupy Wall Street, Occupy Oakland
In the early hours of the morning, New York City police evacuated Occupy protests from their home in Zuccotti Park, but they say that won't stop them from going on.
Posted In: retail sales, Christmas
The Commerce Department announced retail sales jumped half a percent last month.
Posted In: Retail, consumer spending
NPD Group analyst Marshall Cohen says if debt deal isn't reached, consumers could pull back because of "distractions." But consumers will shop early -- and online.
Posted In: NBA, Carmelo Anthony
ESPN TrueHoop blogger Henry Abbott says the NBA discussions are like political talks that are influenced by hardliners. And notes that sports reporters are feeling more like court reporters in this drama.
Posted In: Occupy Wall Street
Occupy Wall Street set up its protest near New York's financial district on September 17. Estimates have been that 200 people have been living there. Now, New York police have raided the park and report they have arrested 70 people.