12/05/07
Marketplace Morning Report for Wednesday, December 5, 2007
Episode Description:
Marketplace Morning Report for Wednesday, December 5, 2007
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Job numbers could indicate slowdown
The good news is that there are fewer reported lay-offs for 2007 than the previous year. The bad news is there are also fewer new jobs being created. So what does this mean for the economy overall? Dan Grech has more.
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Santa's high-ranking retail helpers
To give the elves an extra hand, or maybe just to boost their reputations, CEOs of big retailers have been joining the ranks with their staff, answering phones and working the floors. Stacey Vanek-Smith reports.
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The subprime effect on new Americans
Subprime mortgages may be hurting the market now, but at some point these loans helped someone buy their first home. Dan Grech has the story of one immigrant family's housing success, then struggle.
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Gold, frankincense, myrrh and Red Bull
Red Bull's attempt to take liberties with the nativity scene in one of its TV ads didn't go over very well in Italy. Megan Williams has the story on how the ad managed to offend the Catholic Church enough to get pulled.
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Gauging OPEC's oil pressure
OPEC ministers met today to consider pumping more oil to relieve high gas prices. Doug Krizner talks to Robin Pagnamenta of The Times of London about whether the weak U.S. dollar has been a major deciding factor.
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More fingers required to enter U.S.
Homeland Security is expanding the fingerprint system for foreign visitors passing through airport security. Passengers will now have to present all 10 fingers for prints instead of just two. Jeremy Hobson reports.
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Small victories are a win for Calderon
It's been a year since Mexican President Felipe Calderon came into office, and after passing some much-needed legislation, he's managed to become well-received by the financial community. Dan Grech reports.
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Middle class is out of ways to cope
New polls suggest the biggest issue for voters is the economy. Commentator Robert Reich points to the middle class, and the fact that it's run out of ways to cope with its financial troubles.
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