Dec 29, 2010

Marketplace Morning Report for Wednesday, December 29, 2010

Segments From this episode

Groupon turns to private investors to raise almost $1 billion

by Mitchell Hartman

Dec 29, 2010

Just a few weeks after rejecting a $6 billion buyout offer from Google, Groupon may raise almost $1 billion from private investors to fuel its growth. Mitchell Hartman has more.

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The oil industry plans to spend more on deepwater drilling

by Stephen Beard

Dec 29, 2010

A new survey shows oil companies plan to increase spending more than 11 percent next year. And despite the Gulf oil spill, companies plan to spend even more on deepwater drilling. Stephen Beard has more.

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India tightens trade sanctions with Iran

by Mark Dummett

Dec 29, 2010

India has become the latest country to tighten trade sanctions with Iran. The U.S. has been pushing India to do that for years in the hopes that it will put pressure on Iran's nuclear program.

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Research shows reward credit cards can cause further debt

by Stacey Vanek Smith

Dec 29, 2010

Research from the Federal Reserve Bank of Chicago has found that the ever popular rewards credit cards like cards that give you cash back or airline miles cause people to spend more and go into more debt.

A man shows off some of his credit cards.

Joe Raedle/Getty Images

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2010: A look back and a look ahead

Richard DeKaser's most important economic story of 2010

by Marketplace Staff

Dec 29, 2010

Jeremy Hobson speaks to Richard DeKaser about important economic stories of 2010.

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Mergers won't help the job market

by Eve Troeh

Dec 30, 2010

Global mergers were up almost 20 percent this year, with more expected next year. This still won't help the job market though, reports Eve Troeh.

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Jobless report to include those unemployed more than two years

by John Dimsdale

Dec 30, 2010

Until now, the unemployment reports did not include those who had been unemployed for more than two years. Now the jobs bureau will be keeping track of all of the long-term unemployed, and it could reveal the true depth of the economic downtown.