08/17/11
Marketplace Morning Report for Wednesday, August 17, 2011
Episode Description:
Marketplace Morning Report for Wednesday, August 17, 2011
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1
U.S. child poverty on the rise
The Annie E. Casey Foundation survey reports that the child poverty rate in the U.S. rose by 18 percent between 2000 and 2009 -- and 7.8 million children have at least one parent who's unemployed
0
Economist: concerned 'about prices actually declining'
Richard Dekaser, economist with the Parthenon Group, says modest inflation is starting to catch 'our attention, but not ringing any alarm bells,' meaning as long as the labor market continues anemic hiring, we run the risk of deflation.
2
Child poverty up in 38 states
A new study shows the social costs of impoverished children are growing, with economic consequences like high unemployment extending far into the future
3
Big tobacco sues federal government
Four of the five biggest U.S. tobacco companies are suing to avoid a new law requiring graphic labels on cigarette packs starting next year. The companies say those labels violate free speech because they require them to carry a government-sponsored appeal to not use their legal product.
0
Retail spending an economic bright spot
Big retailers are reporting some surprisingly good numbers for the last quarter, but do a few good earnings reports mean a stronger recovery is on the way?
0
Economic indicators: Bellwether companies
Farm equipment maker John Deere reports earnings today, and good sales for the company may point to a healthier economy overall
0
Moving toward closer ties in Europe
Germany and France are proposing closer economic relations between the 17 countries in the Eurozone to coordinate economic activity and public spending plans
0
Vice President Biden visits China
China holds $1 trillion in U.S. debt, and the Chinese government is looking for reassurances from Vice President Biden that the Obama administration has a plan to deal with economic uncertainty to keep that investment safe
0
Average Americans hang tight through market swings
LA Times Consumer Columnist David Lazarus breaks down how Americans have reacted to the market fluctuations and whether the downturn in 2008 changed the way we view volatility.
2
United States of ... Europe
After a meeting yesterday between the leaders of France and Germany, investors want Europe's leaders to 'show us the money'
0
How long can Walmart remain the low-price leader?
With the changing economy, mega-retailer Walmart faces a price competition from higher -- and lower-priced stores
3
Health care spending has slowed, but reforms still needed
The rise in health care spending has tapered off, but this could be a bad thing. Companies are hiring less in uncertain times, and governments have to pick up the slack.
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