03/20/13
Marketplace Morning Report for Wednesday, March 20, 2013
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India is the world's largest gold importer. The government has hiked import taxes on gold to control the outward flow of cash, but the lure of the yellow metal is not fading. U.S. Treasury Secretary Jack Lew is in Beijing this morning on second day of his visit to China. It's his first foreign trip as treasury secretary and the first high level talks between the U.S. and China in six months. And how are veterans doing in the job market?
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Quantitative easing is here to stay: Analyst
Juli Niemann, analyst with Smith, Moore & Company, joins Marketplace Morning Report host Jeremy Hobson to explain why the Federal Reserve is likely to continue with quantitative easing.
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Federal Reserve meets, considers future of quantitative easing
The Federal Reserve is finishing up a meeting today in Washington, to which many economists and investors are looking for signs of just how long the central bank intends to keep up its aggressive monetary easing.
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PODCAST: Federal Reserve easing, Cyprus seizing
The latest from the Federal Reserve, the worst case scenario in Cyprus, and the pros and cons of banking at a credit union.
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The pros and cons of credit unions
Should you bank at a credit union? Marketplace senior producer of personal finance Paddy Hirsch discusses the upsides and the downsides.
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No tax, no bailout? A worst case scenario for Cyprus
Cyprus is in turmoil following the decision last night by its parliament to reject a bailout plan from the eurozone. The plan entailed a one-off tax of up to 10 percent on Cypriot bank accounts.
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For software giant Oracle, the cloud of doom
For years, Oracle's business has been selling big, expensive computers to hold all your data. The cloud has upended that business model and Oracle's latest profit report could tell us if the company is adjusting.
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Will Treasury Secretary Lew get tough on China?
U.S. Treasury Secretary Jack Lew is in Beijing this morning wrapping up his two-day visit to China. It's his first foreign trip in his new role and the first high-level talks between the U.S. and China in six months.
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Should cops be able to read all your old text messages?
When you send a text message or an email, should your Internet or phone company hang onto them in case the police ever want to take a look?
1
The new U.S. veteran: Young and looking for work
The Bureau of Labor Statistics has released data on unemployment among U.S. veterans, and the numbers aren't pretty. A big part of the problem: Many recent veterans are in a demographic which is suffering joblessness already -- young Americans.
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Indians go for gold despite government hiking import taxes
India is the world's largest gold importer. The government hiked import taxes on gold to control the outward flow of cash, but for weddings, the lure of the yellow metal is not fading.
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Shopping Enhancer: Online shopping made equal
A new web service called Shopping Enhancer aims to restore parity to online shopping by getting around Google's pay-to-sell system.
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