Marketplace Morning Report for Wednesday, May 4, 2011

Episode Description 
Marketplace Morning Report for Wednesday, May 4, 2011

S&P: Greece's fiscal problems differ from Calif.'s

A new report from Standard & Poor's compares the financial woes of California with Greece's debt problem. Gabriel Petek, senior director of credit market services for S&P, explains.
Posted In: Economy

Jobs: April shows modest growth

Richard DeKaser, economist with the Parthenon Group in Boston, explains two new jobs reports and why modest growth in jobs means a modest recovery.
Posted In: Jobs

Report: Private job growth slowed in April

According to the ADP Employer Services, private companies added fewer jobs than expected in April -- creating only 179,000 jobs.
Posted In: Jobs

Report: Planned U.S. layoffs decline 4.8% in April

A report out today from job placement firm Challenger Gray and Christmas says employers will lay off 12 percent less staff in April than in March, and 4.8 percent less than the same perios a year ago.
Posted In: Jobs

Abu Dhabi, Singapore commit to Glencore IPO

The world's largest commodities trader predicts it will raise more than $50 billion with the help of big government investors when it goes public later this month.
Posted In: Investing

Portugal reaches $100 billion bailout deal

Portugal has agreed to the terms of a bailout deal from the European Union and the International Monetary Fund. The deal promotes a "softer," less austere approach than previous deals with Ireland and Greece.

Roundabouts cause rifts between cities and drivers

There are about 2,000 roundabouts in the U.S. now. Proponents say that they cut down on traffic time and are good for the environment. But residents in Chicago, where roundabouts have been popping up lately, aren't convinced.
Posted In: Transportation

Has a silver bubble gone bust?

U.S. silver futures plunged yesterday triggering losses across other commodity markets such as crude oil and gold.
Posted In: Investing

Congress looks at Sony's data security

A hearing today examines what Congress can do to prevent the sort of hacking that has penetrated millions of Sony Playstation accounts.

Damper on corn planting season

Floods and wet weather have corn farmers worried across the U.S. grain belt. Supplies are tight and could get tighter.
Posted In: Agriculture

Pain from increased gas prices is mostly mental

Drivers groan when gas prices rise. But what are the actual effects, in comparison to our perceptions?
Posted In: Oil

Music from this show

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Skin To Skin
The Sway Machinery
Bohemian Like You
The Dandy Warhols

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