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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Posted In: Federal Reserve, 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.
The latest from the Federal Reserve, the worst case scenario in Cyprus, and the pros and cons of banking at a credit union.
Should you bank at a credit union? Marketplace senior producer of personal finance Paddy Hirsch discusses the upsides and the downsides.
Posted In: cyprus, Europe debt crisis, Germany, Eurozone
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.
Posted In: cloud computing, software, Oracle
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.
Posted In: China, jack lew, treasury secretary, hacking
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.
Posted In: text messages, privacy, Law
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?
Posted In: veterans, Jobs, Unemployment, sequester
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.
Posted In: India, weddings, gold
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.