Mid-day Update

PODCAST: The apple falls from the tree, Germany agrees

Jeremy Hobson Apr 18, 2013
HTML EMBED:
COPY
Mid-day Update

PODCAST: The apple falls from the tree, Germany agrees

Jeremy Hobson Apr 18, 2013
HTML EMBED:
COPY

Today, the tech world today brings you hits from the 80s and 90s: Microsoft and IBM are expected to report healthy earnings today. But what is up with Apple? It’s stock fell again yesterday, and is down 40 percent since last fall.

Today Germany’s parliament approved a $13 billion rescue package for Cyprus. The overwhelming yes vote came after a warning from Germany’s finance minister Wolfgang Schaeuble that if Cyprus was allowed to go bankrupt, other euro zone countries would be at risk.

Thanks to a string of scandals that have damaged the reputation of China’s domestic food supply, more and more among the country’s rising consumer class are turning to imported foods.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.