Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Wednesday, December 28, 2011

San Francisco has raised to the minimum wage to over $10 an hour, and that will effect the cities famed restaurants. On the other side of the country, negotiations will start today in New York between building owners and the union representing the people that clean those buildings. As the 10 year birthday of the euro approaches, David Brancaccio looks back at how Marketplace's resident poet described the deal at the time.

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World
Countries like Saudi Arabia are promising to step up oil production if Iran goes through with its blockade.
HASSAN AMMAR/AFP/Getty Images
Economy
1228 iran2
Majid Saeedi/Getty Images
Economy
What will happen to the world's oil production if Iran is able to block the Strait of Hormuz?
KARIM SAHIB/AFP/Getty Images
Business
Janitors and supporters from Service Employees International Union (SEIU) Local 1 hold a rally outside the Thompson Center Sept. 28, 2011 in Chicago, Ill. The rally was one of 22 held nationwide by the union to galvanize their members before contracts for 160,000 janitors around the country expire next year.
Scott Olson/Getty Images
Economy
The blocking of oil exports from Iran, however unlikely, could cause the cost of crude oil to skyrocket.
MARIO LAPORTA/AFP/Getty Images

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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.