Jul 6, 2011

Marketplace Morning Report for Wednesday, July 6, 2011

Segments From this episode

Consumers turn to coupons in tough times

by Marketplace Staff

Jul 6, 2011

Conventional wisdom says that, during recessions, people use coupons more. Do they?

LISTEN

EMBED

Oil spill worse than expected because of river conditions

by Eve Troeh

Jul 6, 2011

Regulators and communities want better oil spill cleanup plans that reflect actual worst case scenarios.

LISTEN

EMBED

Facebook feeds the hype machine

by Stacey Vanek Smith

Jul 6, 2011

By trying to create buzz around its latest announcement, Facebook follows the hype tactic being deployed by fellow tech companies.

Facebook CEO Mark Zuckerberg speaks during a media event at Facebok headquarters on April 7, 2011 in Palo Alto, California.

Justin Sullivan/Getty Images

LISTEN

EMBED

Michigan sues private company over bridge construction

by Sarah Hulett

Jul 6, 2011

The Michigan Department of Transportation and the Detroit International Bridge Company had a $230 million deal to jointly build a series of ramps on the Ambassador Bridge. But the state says the company isn't complying with the design they agreed upon.

LISTEN

EMBED

Moody's downgrades Portugal debt to junk

by Marketplace Staff

Jul 6, 2011

Ratings agency Moody's downgraded Portugal's debt to junk status, saying the country would likely need a second bailout to regain a strong financial foothold. Economist Fernando Alexandre explains.

LISTEN

EMBED

U.K. parliament debates tabloid hacking claims

by Stephen Beard

Jul 6, 2011

New allegations have emerged in a scandal over British newspaper News of the World's phone hacking in Britain.

LISTEN

EMBED

Challenger: Planned layoffs rise in June

by Marketplace Staff

Jul 6, 2011

John Challenger, CEO of the job placement firm Challenger Gray & Christmas, explains today's job report, and how jobs in the technology and energy industries are showing strong signs of growth.

LISTEN

EMBED

Banks push bank against regulators' plan to 'claw-back' pay

by Mitchell Hartman

Jul 6, 2011

The Federal Deposit Insurance Corporation is expected to finalize a proposal today that would require big back executives to return pay if their bank fails.

LISTEN

EMBED

Is Chinese inflation an American problem?

by Marketplace Staff

Jul 6, 2011

Richard DeKaser, economist with the Parthenon Group, explains China's recent bump in interest rates, and how it could hurt the U.S. economy.

LISTEN

EMBED

Plastic's popularity means no $10 bills printed in 2010

by Marketplace Staff

Jul 6, 2011

The number of dollar bills rolling off the printing presses at the U.S. Treasury Department hit a modern low last year, thanks in large part to the increased use of credit cards. Binyamin Applebaum, reporter for the New York Times, explains.