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Marketplace Morning Report for Wednesday, July 27, 2011

Episode Description 
Marketplace Morning Report for Wednesday, July 27, 2011

On Capitol Hill, lawmakers hear ratings agencies failed in multiple crises

Ratings agencies: you can't live with them, can't live without them, says New York University Professor Lawrence J. White

Companies order fewer big ticket items in June

Economist Richard Dekaser says this may be first hard data to prove that debt ceiling debate has worried companies.

Congress takes on ratings agencies

A House subcommittee today looks into the role of ratings agencies during and after the financial crisis

American economic dominance at risk?

Alan Beattie of the Financial Times discusses why the debt drama in Washington is problematic for the world
Posted In: Jobs, Personal Finance

Chinese bullet train disaster clouds future sales

Public outrage erupted in China after a deadly crash between two high-speed trains this past weekend
Posted In: China, Transportation

How are Americans preparing for a possible default?

As the August 2nd default deadline approaches, people are buying up gold coins and locking in mortgage interest rates to prepare for a worst-case scenario.
Posted In: Personal Finance

The latest trend? Fashion and beauty reality TV

More than 100 new reality TV shows are in the works for summer and fall, and a large swath of them are focusing their lenses on beauty and fashion.
Posted In: Entertainment

Big tech companies go after patents

Companies like Google and Apple are in a patent war, going after smartphone patents from defunct tech firms.

Arizona's Medicaid cuts leave some patients with few other choices

The state's decision to freeze enrollment in some Medicaid programs is leaving the nearly 6,000 residents with serious medical conditions with few other places to turn.
Posted In: Health

Music from this show

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Above The Clouds
Little People
As Serious As Your Life
Four Tet