Marketplace Morning Report for Thursday, August 27, 2009

Segments From This Episode

• Will garage sale help Golden State?

  by Sam Eaton

  Bargain hunters can snap up unused state property at the Great California Garage Sale. Sam Eaton reports.

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• Clunkers good to Asian carmakers

  by Steve Henn

  The Department of Transportation has released its top 10 lists of vehicles traded in and bought under Cash for Clunkers. Steve Henn reports the program was good to Asian automakers.

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• Texas heat sends energy bills soaring

  by Marketplace Staff

  A record-breaking heat wave in Texas is cooking up high-energy bills for some residents. David Martin Davies reports.

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• Food prices may slowly edge up

  by Mitchell Hartman

  The U.S. Department of Agriculture says food prices are likely to increase slightly as the economy begins to recover. Why? Mitchell Hartman reports.

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• Lessons learned from the bank bailouts

  by Marketplace Staff

  Economics correspondent Chris Farrell talks with Steve Chiotakis about whether banks are doing better now that some are repaying bailout money and stocks are trading higher.

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• U.K. regulator backs global tax

  Britain's top financial regulator is calling for a new global tax on the finance industry. Stephen Beard reports.

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• FDIC seeks cash to cope with shortage

  by Steve Henn

  Reporter Steve Henn talks with Bill Radke about why the FDIC's is running low on money, and why it's encouraging private-equity firms to get into banking.

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• U.S. economy shrinks 1% in Q2

  by Marketplace Staff

  Greg McBride, financial analyst at Bankrate.com, talks with Bill Radke about how to take the news that the U.S. economy contracted by 1%, and the latest decline in first-time jobless claims.

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