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Marketplace Morning Report for Wednesday, April 6, 2011

Episode Description 
Marketplace Morning Report for Wednesday, April 6, 2011

Shutdown boils down to essential vs.non-essential programs

As the government faces a potential shutdown over failing budget negotiations, federal employees are being divided into two camps: essential and non-essential.

For sale: One out-dated social media site

The once-popular website MySpace will open up its books to buyers today. Newscorp, its current owner, hopes of a quick sale of the ailing social media site.

What a government shutdown means for the economic recovery

The ongoing budget standoff on Capitol Hill means a shutdown of the federal government could be on the way. Economist Diane Lim Rogers explains what a government shutdown would mean for the economic recovery.

Fed to get offers for AIG mortgage bonds

Who will bid for billions of dollars worth of toxic assets once owned by insurance giant AIG? The Federal Reserve Bank of New York finds out today.
Posted In: The Federal Reserve

Libyan rebels are running out of cash

Rebel-run eastern Libya is in danger of running out of currency because of an asset freeze by the U.S. and Europe.

Are smartphones the credit cards of the future?

A new coalition formed by Verizon, AT&T, and T-Mobile called Isis hopes to make mobile payments a reality. But many critics wonder just how practical, and secure a cell phone payment really is?

Possible government shutdown threatens Tax Day, foreign aid

As the clock winds down on negotiations to avoid a government shutdown, agencies like the IRS and programs that provide foreign aid wait to see how a shutdown would affect operations.

NFL advertisers prepare backup plans in case of lockout

Professional football brings in nearly 4 percent of all TV advertising in the U.S. So what will happen in the event of an NFL lockout?

Some Florida real estate agents pack heat

Wary of foreclosed homes and vacant properties, many Florida real estate agents are taking courses in order to get a concealed weapon license.
Posted In: Housing

Music from this show

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Without You
Rainbow Arabia
Dancing On Our Graves
The Cave Singers