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Marketplace for Wednesday, December 18, 2013

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Episode Description 
The Federal Reserve says it will reduce its $85 billion a month in bond purchases by $10 billion starting in January, citing a stronger U.S. job market. What will that do to interest rates? Next, BP has long complained that its settlement money for the Deepwater Horizon spill was often spent frivolously. Now it’s going public with its complaints about claims that businesses have filed against it, starting with Emeril Lagasse, the New Orleans chef. Finally, it used to be that sports and fashion marketing existed on the periphery of the Hollywood entertainment business. But as a IMG’s sale to William Morris demonstrates, the talent business is diversifying.

Youth unemployment in Spain still high despite reform efforts

A continuation of our Jobless Generation series.
Posted In: spain, youth unemployment

What was it like to be a servant in Britain 100 years ago?

The wealth inequality we have in the US today is no match for what it was like in England 100 years ago.
Posted In: domestic workers, servants, Britain

Can Bitcoin make change?

The latest from Marketplace Tech host Ben Johnson.
Posted In: bitcoin

FCC proposes to put an end to the NFL blackout rule

The FCC voted this week to review the dreaded blackout rule.
Posted In: NFL, blackout rule

Why Peyton Manning is key to today's big corporate merger

It used to be that sports and fashion marketing existed on the periphery of the Hollywood entertainment business.
Posted In: IMG, William Morris, Entertainment, Sports, fashion, WME

Will China buy American coal?

U.S. coal companies have hit hard times. Domestic demand is drying up, and global prices for coal are hitting record lows. What to do? The industry is looking across the Pacific to China for help, and is planning to build coal terminals in Washington to export coal from Montana’s Powder River Basin to the world’s second-biggest economy. But is China interested in American coal?
Posted In: coal, China

All’s well that tapers well

On Wednesday, the Federal Reserve announced it will cut its bond-buying program by $10 billion starting January. So what about this whole tapering thing? What’s it gonna mean for you and me and Aunt Mabel?
Posted In: Fed, taper, Bernanke, bond buying, stimulus, QE

BP's new recipe for settlement money: Shame a famous chef

BP has long complained that its settlement money for the Deepwater Horizon spill was often spent frivolously.
Posted In: Emeril Lagasse, bp oil spill, deepwater horizon, macondo

Music from this show

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Lying in the Reeds
Lone
À tout à l'heure
Bibio
Harps
The Sea and Cake
Boys I Like
Desert Stars
Day 38
Ta-ku