Marketplace for Wednesday, October 9, 2013
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We're one day closer to the October 17th deadline for the U.S. government to either raise the debt ceiling or default on loans from a whole bunch of lenders. But a cadre of so-called “debt-limit deniers” says it’s no big whoop if the U.S. fails to raise its borrowing limit. That's not helping ease worries from America's two top foreign creditors -- China and Japan have warned the U.S. to be careful. Meanwhile, Janet Yellen is the nominee to be the next Federal Reserve chair. We ask Wall Street how they feel about that. Plus, in the latest installment of our "Americans Futures" series, The Atlantic’s Jim Fallows talks about about small towns that aren’t feeling the pain of the government shutdown. Also, stories on emergency philanthropy and Iowa's farmland.
Posted In: corn, Iowa
How the sky-high price of farmland has reshaped the state.
Posted In: Sioux Falls, Burlington, Michigan
In his travels for The Atlantic and Marketplace's American Futures project, Jim Fallows says the American economy in small cities and towns is doing all right.
Posted In: China, debt ceiling
If the U.S. fails to raise the debt ceiling in time, we'll default on loans from a whole bunch of lenders. Our two top foreign creditors -- China and Japan -- have both warned the U.S. government to be careful. What’s at stake for them?
Posted In: philanthropy, head start, shutdown
Charitable donors have come forward with funds to support programs shuttered in the wake of the government showdown.