Marketplace Morning Report for Friday, August 7, 2009

Segments From This Episode

• Program keeps historic homes alive

  by Marketplace Staff

  Imagine living in a house rent or mortgage free. The catch: renovate it at your own expense. Cathy Duchamp reports on Maryland's historic home curator program.

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• U.S.-China trade spat brewing on tires

  by Scott Tong

  A trade spat between the U.S. and China is on the agenda in Washington. A U.S. trade representative is holding a hearing on tires and whether China exports too many to the U.S. Scott Tong reports.

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• Etiquette advice for the unemployed

  by Marketplace Staff

  Being unemployed can raise a lot of financial and emotional problems, as well as questions of etiquette. Adriene Hill reports.

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• Why AIG’s 2nd-quarter earnings are up

  by Mitchell Hartman

  Financial giant AIG is reporting its first profit since 2007. The troubled insurer says it made $1.8 billion in the second quarter. Mitchell Hartman reports on the company's crawl out of its bailout hole.

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• Used car dealers aren’t clunker crazy

  by Stacey Vanek Smith

  

  Cash for Clunkers is being refueled with $2 billion. Dealerships are anxious for the program to go forward. Car sales are up because of the plan. But Stacey Vanek-Smith reports not every car lot is clunker crazy.

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• A V-shaped recovery for Germany?

  by Christopher Werth

  Exports in Germany jumped 7% in June, and industrial orders continued to rise. Christopher Werth reports on whether the country is headed toward a V-shaped recovery.

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• What’s good about the jobless numbers

  by Jeremy Hobson

  Employers cut far fewer jobs than expected last month and the July unemployment rate came down from 9.5% to 9.4%. Reporter Jeremy Hobson talks with Bill Radke about how good this news really is, and how the rate dropped if so many people got laid off last month.

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