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Marketplace Morning Report for Tuesday, October 9, 2012

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Episode Description 
New York is revising the gifted and talented student test that pre-schoolers take. The revisions are intended to give the test greater diversity and will mean increased business for test-prep services. If you're watching TV in Ohio, you're no doubt seeing a lot of campaign ads about the coal industry and its jobs. But in Ohio, at least, coal is only a small part of the economy and the work force. Snack makers are out with new flavors every year, many of which get their start in labs off of the New Jersey Turnpike.

PODCAST: A green thumb and earnings ho-hum

Fed Chairman Ben Bernanke and Treasury Secretary Tim Geithner are in India today talking about ways to improve economic ties with the U.S. The Cheesecake Factory is expanding to the Middle East. The IMF is forecasting slower global growth ahead. German Chancellor Angela Merkel is met with protests in Greece today.

U.S. a dim brightspot in the global economy

The third-quarter earnings season kicked off today with an ominous warning about global growth from the IMF. A weak consolation for Americans is that we are the only major economy where the IMF expects decent growth in the next year.
Posted In: IMF, Earnings, global economy

The Cheesecake Factory to launch in Middle East

Casual dining chain, The Cheesecake Factory, is expanding abroad with 22 new locations in, of all places, the Middle East.
Posted In: cheesecake factory, Food, restaurants

Corporate earnings expected to disappoint

Companies in the S&P 500 predict lower third-quarter earnings by a four-to-one margin.
Posted In: corporate profits, Alcoa

Bernanke, Geithner visit India to boost economic ties

U.S. Treasury Secretary Tim Geithner and Federal Reserve Chairman Ben Bernanke are visiting India today to encourage the Indian market to open up to U.S. firms.
Posted In: India, Ben Bernanke, Timothy Geithner

Mass protests in Greece welcome Angela Merkel

German Chancellor Angela Merkel is in Greece today for her first visit since the European debt crisis began. Greeks aren't laying out the welcome mat though, as masses come out to protest against German-led austerity.
Posted In: Europe debt crisis, Greece, Germany, Angela Merkel

IMF: U.S. must tackle 'fiscal cliff' to stem global slowdown

The International Monetary Fund says economic growth in the world economy is slowing down sharply and that even the U.S. recovery is at risk.
Posted In: IMF, global economy

In Ohio, lots of pro-coal ads, not so many miners

If you're watching TV in Ohio, you're no doubt seeing a lot of campaign ads about the coal industry and its jobs. But in Ohio, at least, coal is a small part of the economy and the work force.
Posted In: coal, clean coal, Jobs, Ohio, 2012 elections

New test in New York means new test prep

New York is revising the gifted and talented student test that pre-schoolers take. The new standardized test means sleepless nights for parents -- and a new demand for test prep.
Posted In: testing, New York, Education

New Bluebird prepaid card is alternative to checking accounts

Walmart and American Express have teamed up to offer the new Bluebird card. They say it should help people avoid the high fees on checking accounts and debit cards.
Posted In: Walmart, prepaid cards, american express

Going inside the lab behind new flavors

Snack makers come out with new flavors every year. Many of those new tastes get their start in labs off of the New Jersey Turnpike.
Posted In: Food

Music from this show

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The Colour of Don Don
The Cactus Channel
Dois Beijinhos
Seu Jorge
People Get Up And Drive Your Funky Soul (Remix)
The J.B.'s
Milky Way
Joker