Marketplace Morning Report for Wednesday, November 26, 2008

Episode Description 
Marketplace Morning Report for Wednesday, November 26, 2008

Durable goods a stand-out drop

Durable goods orders fell 6.2 percent in October, a number that's been falling for three straight months. Consumer spending also experienced its biggest monthly drop in seven years. Steve Henn reports.

E.U. considering a new stimulus plan

The European Union is looking at an economic stimulus plan that will be a combination of tax cuts and investments. Kyle James reports why some are being encouraged to sign onto the package quickly.

We need more government spending

Is another stimulus package what the U.S. needs right now? Commentator Robert Reich says yes -- and about $600 billion will be just enough to put Americans back to work and invest in future productivity.

Toy safety still at issue for the season

Toy recalls made headlines last year and prompted Congress to pass new laws to protect consumer safety. But a major clamp-down on toys won't start until February. Ashley Milne-Tyte reports it's buyer beware.

Stepping up to reduce global emissions

Countries have been ramping up to reduce greenhouse gases, but the global cash crunch could mean less money for clean energy development. But Stacey Vanek-Smith reports the U.S. and Europe are expected to push reforms.

Toyota suffers credit rating drop

Today, Fitch ratings downgraded Toyota's credit from triple-A to double-A -- the first time the auto maker's rating has dropped in a decade. Steve Henn reports a lowered appetite for cars and a strong Yen are to blame.
Posted In: Auto

Many say 'No thanks' to travel

Air and car travel are expected to be down this Thanksgiving from where they were last year. But buses and trains are expected to see a commuter boost. Jeremy Hobson takes a look at the ride home this holiday.
Posted In: Travel

General Motors should get bailout, too

Because of the financial crisis fallout, the bailouts keep coming. AIG got one, as did Citigroup. But General Motors, an auto maker teetering on the brink, is still waiting for one. Commentator Robert Reich asks: Why?

Music from this show

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Home Sweet Home
Mötley Crüe
Silver Lining
Rilo Kiley

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