Marketplace Morning Report for Wednesday, May 29, 2013
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Mighty Germany gets a wake up call about jobs. Booksellers and publishers gather in New York City for the biggest publishing event in North America -- BookExpo. Even in the face of fierce digital competition from giants Amazon and Apple, independent retailers aren't buckling. And what's next for federal student loan rates?
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Posted In: women, pew, single mothers, salary
A new report from Pew shows that moms are now the primary breadwinnner in 40% of U.S. households, but not all super-moms are created equal.
Posted In: Facebook
A growing chorus of women's rights groups called on advertisers to boycott the site for allowing content that promoted sexism and violence towards women.
Is the era of super-low mortgages over? Tornado victims worry first response donations won't cover long-term needs. And, as drought lowers the Colorado River, conserving water gains urgency.
Posted In: housing market, interest rates, mortgage, bonds
The value of the benchmark 10-year Treasury note is down, amid signs the U.S. economy is gathering strength. The yield is up to 2.14 percent, and 30-year mortgage rates are inching close to 4 percent, the highest in a year.
Posted In: oklahoma, tornado, natural disasters
Last week's tornado in Moore, Oklahoma could cost insurance companies $3.5 billion, according to Risk Management Solutions.
Posted In: federal student loans, student debt, student loan, higher education
Despite some movement in Congress to alter the trajectory of what you might consider an incoming personal finance missile, interest rates on some government backed student loans are set to double on July 1.
Posted In: Germany, Unemployment, Europe debt crisis
The number of unemployed Germans rose more than four times what analysts had expected in May. Still Europe's largest economy held onto its jobless rate of 6.9 percent -- lower than the majority of euro zone countries.
Posted In: money laundering, currency, Internet
The Feds have accused Liberty Reserve of moving $6 billion for criminals involved in credit card fraud and Ponzi schemes by converting cash to virtual currency.
Posted In: developing countries, mobile payments, mobile, Africa
In some cases, a dearth of infrastructure can actually lead to innovation. No where is this more true than in the developing world.
Posted In: cybersecurity, cybercrime, China, hacking
How should the U.S. government and companies protect themselves against hackers? One answer is to hack right back.
Posted In: ebooks, bookstore, self-publishing, publishing
As the publishing industry comes together at BookExpo America in New York, e-books are all the rage. How are smaller stores hanging on so well?
Posted In: undefined
40 million people depend on the Colorado for drinking water. 15 percent of the nation's food supply comes from fields irrigated by it.
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