Marketplace Morning Report®

with David Brancaccio

Marketplace Morning Report for Wednesday, August 1, 2012

A federal housing regulator is rejecting a White House plan to help borrowers who are underwater on their mortgages. There are about 11 million people in that category. The power is coming back on this morning in India after yesterday's huge blackout, blamed in part on rising demand for electricity in one of the world's fastest growing economies. But in China, a blackout like this would be unthinkable. And there's more sun and heat in the forecast for St. Louis -- not great for a region that's in the midst of the worst drought in decades. The drought is now shrinking the shipping lanes in the Mississippi River.

Listen to the episode
Download

From this Episode

Economy
Sailboat 'Intrepid' of U.S. Zac Sunderland crosses the Miraflores locks in the Panama Canal on May 19, 2009.
ELMER MARTINEZ/AFP/Getty Images
Business
Saab vehicles sits on the lot in the dealership on February 20, 2009 in Miami, Fla.
Joe Raedle/Getty Images
Economy
Occupy protesters carry a banner as they march to a foreclosed home that they are going to re-occupy on December 6, 2011 in Oakland, Calif.
Justin Sullivan/Getty Images

Music from this Show

Browse the Show
David Brancaccio
Brancaccio david

About the Show

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.