Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Tuesday, September 18, 2012

You're going to hear a lot today about a videotape that has emerged from a Mitt Romney fundraiser. It features Mitt Romney describing 47 percent  of the country as people who pay no income tax and can't be convinced not to vote for President Obama. Federal regulators are looking into something strange that happened yesterday in the oil markets. Prices plunged more than $3 a barrel in less than a minute. And the federal farm bill expires at the end of this month. It appears that rather than passing a new one right now, Congress will extend the current law for a few months until after the election. That means lawmakers will put off decisions, like whether to replace direct subsidies for farmers with new forms of support.

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Economy
Republican presidential candidate, former Massachusetts Gov. Mitt Romney addresses the crowd at the 134th National Guard Association Convention at the Reno-Sparks Convention Center, September 11, 2012 in Reno, Nevada.
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Marketplace Morning Report®, hosted by David Brancaccio, kicks your weekday off right. Now a regular segment on NPR’s Morning Edition®, it’s a dash of news to go with that first cup of coffee. Get a global perspective on what’s making the business news headlines, airing up to five times each morning.