Marketplace Morning Report for Wednesday, October 15, 2008

Episode Description 
Marketplace Morning Report for Wednesday, October 15, 2008

Retail numbers continue decline

September saw a third straight month of declines in retail sales in almost every category -- from cars to groceries. Ashley Milne-Tyte reports why this holiday shopping season could be the worst in years.
Posted In: Retail

Markets dislike the close election

Despite research that says a close election is good for investors, some are saying the upcoming presidential election is upsetting an unsettled market. Nancy Marshall Genzer reports things may improve later.

E.U. summit to push global regulation

How will the world financial landscape look different after the rescue packages go into effect in the U.S. and Europe? Bill Radke talks to European correspondent Stephen Beard about today's E.U. meeting in Brussels.

Candidates look at future budget

At tonight's third and final presidential debate, we're bound to hear more about the financial plans of each side. But are the candidates overpromising? John Dimsdale looks into what both campaigns are proposing to do.

Neighborhood fights drilling near home

The U.S. still has an estimated 21 billion barrels waiting to be extracted. At an oil field in Los Angeles, residents are fighting one company's plan to drill under their neighborhood. Jennifer Collins has the story.
Posted In: Housing

Investors wait on earnings reports

The stock markets have been rejoicing over government interventions and bank takeovers. But now, it's back to the economic realities -- and the potential ugliness -- of corporate profit reports. Jeremy Hobson reports.

The myth of living 'beyond our means'

The average American household has taken on more debt than it can safely manage, but our we really living beyond our means? Commentator Robert Reich says we need to also take note of declining incomes.

Telling a bad economy to go 'scoot'

In the middle of a financial crisis, is it wise to start a new business? Arlene Battishill did. Scott Jagow talked to the entrepreneur about the challenges she's faced starting her company right now.
Posted In: Jobs

Music from this show

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Goin' To The Bank (Album Version)
Pebble to a Pearl
Nikka Costa

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