Mar 20, 2013

Marketplace Morning Report for Wednesday, March 20, 2013

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?

Segments From this episode

BBC World Service

Indians go for gold despite government hiking import taxes

by Marketplace Contributor

Mar 20, 2013

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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The new U.S. veteran: Young and looking for work

by Mitchell Hartman

Mar 20, 2013

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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Will Treasury Secretary Lew get tough on China?

by Rob Schmitz

Mar 20, 2013

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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European Debt Crisis

No tax, no bailout? A worst case scenario for Cyprus

by Stephen Beard

Mar 20, 2013

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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Money Matters

The pros and cons of credit unions

by Paddy Hirsch

Mar 20, 2013

Should you bank at a credit union? Marketplace senior producer of personal finance Paddy Hirsch discusses the upsides and the downsides.

Matt Cardy/Getty Images

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Mid-day Update

PODCAST: Federal Reserve easing, Cyprus seizing

by Jeremy Hobson

Mar 20, 2013

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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Federal Reserve meets, considers future of quantitative easing

by Sabri Ben-Achour

Mar 20, 2013

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.

Federal Reserve Board Chairman Ben Bernanke arrives at a House Financial Services Committee hearing on Capitol Hill, February 27, 2013 in Washington, DC.

Mark Wilson/Getty Images

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Quantitative easing is here to stay: Analyst

by Marketplace Contributor

Mar 20, 2013

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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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?