PODCAST: Economic recovery for the long haul, J.C. Penney CEO fall

Glenn Hubbard, former Chair of the White House Economic Council of Advisers under President George W. Bush, discusses the entitlement reform, the economic recovery, and taxes.

J.C. Penney CEO Ron Johnson has been given the boot after just 17 months as head of the struggling department store chain, but were his ideas really that bad?

The aluminum maker Alcoa kicked off corporate earnings season last night with a better than expected report. Alcoa kept its forecast steady at 7 percent growth in aluminum demand this year. Juli Niemann, analyst with Smith, Moore & Company, discusses the latest earnings reports and what they signal about the economy. 

About the author

Jeremy Hobson is host of Marketplace Morning Report, where he looks at business news from a global perspective to prepare listeners for the day ahead.

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