Marketplace Morning Report for Wednesday, February 15, 2012

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Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year. Yesterday, Chinese Vice President Xi Jinping visited the White House and the Pentagon before meeting with American business leaders at the U.S. chamber of commerce. The Westminster Dog Show dropped Pedigree as a sponsor this year, saying its sad ads that promote adoption from animal shelters turned off its audience. And President's Day is fast approaching, but a lot of Americans don't take that day, or others, off -- and that could be a problem for the economy.

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U.S.-China trade relations could still go south

China's vice president Xi Jinping met with corporate leaders at U.S. Chamber of Commerce as part of his Washington trip. Each side has put on a smile about their economic relationship, but that hasn't hid the tensions beneath the surface.
Posted In: China, Xi Jinping, trade

Extended payroll tax cut serves as 'stealth stimulus'

Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year, which means more money will go into more people's pockets and perhaps, they will go out and spend it.
Posted In: payroll tax, stimulus

Greek debt: Playing the blame game

A meeting on the Greek bailout has been delayed. Eurozone leaders want more assurances from Greek leaders that they'll make the spending cuts they've promised. The news has triggered more frustration in Athens.
Posted In: Greece, Europe

Tensions in Middle East affecting oil prices

Oil prices are on the rise today, in part because of news out of Syria. But there are also bigger picture problems to worry about.
Posted In: Oil, middle east, Strait of Hormuz, oil prices

Payroll tax cut, benefit extension a type of stimulus

A tentative deal has been reached to extend the payroll tax cut, as well as some unemployment benefits and Medicare payments. As the economy stays sluggish, we're in an era of seemingly endless government stimulus.
Posted In: economic stimulus, payroll tax, unemployment benefits

Greek debt meeting moved to conference call

A big meeting today in Europe that was supposed to continue talks on the Greek debt crisis has been delayed until next week. Now, leaders will join in a conference call to discuss the problem.
Posted In: Greece, Europe

U.S. and Europe reach organic food agreement

The U.S. and European Union have reached a deal on organics: what counts as organic here will count as organic there, and vice versa.
Posted In: organic, Food, trade

Payroll tax extension, Greek news won't make huge impact

News out of the U.S. and Europe today could mean more spending at home and more debt problems in Greece. But Josh Brown of Fusion Analytics says neither piece of news will make a huge difference in the markets.
Posted In: payroll tax, Greece

Investment banking hard on the mind and body

New research shows that work 100+ hours a week as an investment banker -- or a lawyer or software engineer -- can be a big hazard.
Posted In: banking, Health

PODCAST: Don't call it a comeback

Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year. Yesterday, Chinese Vice President Xi Jinping visited the White House and the Pentagon before meeting with American business leaders at the U.S. Chamber of Commerce. The Westminster Dog Show dropped Pedigree as a sponsor this year, saying its sad ads that promote adoption from animal shelters turned off its audience. And President's Day is fast approaching, but a lot of Americans don't take that day, or others, off -- and that could be a problem for the economy.

Xi Jinping visits Iowa... again

The soon to be president of China is visiting the U.S. this week, and today he is in Iowa. It turns out, he's been there before.
Posted In: China, Xi Jinping, Iowa

Purina dog food nabs Pedigree spot at Westminster

The Westminster Kennel Club dog show dropped longtime sponsor Pedigree, saying its pet adoption theme turned off audience.
Posted In: advertising, dogs, Westminster Dog Show, Pedigree

Americans and the vacation conundrum

American workers get the least amount of guaranteed paid holiday and vacation time compared to the rest of the world, and many don't even take their allotted time off, thanks to pressure from employers.
Posted In: vacation days, vacation

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I Like Van Halen Because My Sister Says They Are Cool
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Go Outside
Cults
Tripped and Fell in Love
Yacht