Marketplace Morning Report for Wednesday, July 3, 2013
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Europe's financial crisis flares anew, after Portugal's finance minister quit and the government teetered on the edge of collapse. China enacts a new law requiring adult children to visit their aging parents or else face punishment. A reality check on stock market excitement. And is there a geographical correlation between hipsters and money?
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Affordable Care Act mandate gets delayed: Who wins, who loses? Layoffs hit the financial sector in June. And Bitcoin attracts Wall Street.
Posted In: 3D printing, gun control
A Danish company called Create it Real says it has software to help prevent people from creating gun components on their 3D printers.
John Challenger, CEO of outplacement firm Challenger Grey & Christmas, discusses which sectors are going strong and which are cutting back.
Posted In: stock market, stocks, recession
In the years climbing out of the great recession, regular investors were leary of buying stock, thrice burned, enduringly shy. But in the last six months, as the S&P 500 index has gone up 13 percent, the masses are back to buying.
Posted In: Affordable Care Act, health care, health care reform
Pick your headline: Bigger companies get another year to arrange health insurance, or Many employees have to wait another year to get health insurance.
Posted In: health care, Medicare, fraud
Staffing cuts at the Department of Health and Human Services mean fewer cases of Medicare, Medicaid fraud are investigated.
The latest "Fiske Guide to Colleges," includes a special list of colleges with relatively low cost and high quality academics.
Posted In: Yelp, hipsters
Yelp has created heat maps showing the geographical density for search terms 'hipster,' 'pricey,' and more. Here's our (unscientific) look at the correlation between hipsters and money.
Posted In: bitcoin, Wall Street, currency
A crop of start ups with venture capital backing are trying to make Bitcoin more mainstream and easy to trade.
Posted In: China, pension funds, Social Security, family
Critics say the new law is unnecessary. They suspect China's state pension fund is running low on money and the government is passing the buck.