With Gene Sperling rumored to replace Larry Summers as head of the National Economic Council, analysts say this is a strategic move on the part of the Obama administration to reach out to the business community. Scott Tong reports.
Like most of Europe, Romania faces major budget cuts and a tough economic environment and to help, the government plans to increase and create new taxes. The Romanian president has even proposed including the profession of witchcraft in the country's new tax code.
The French are the 'champions of the world' — according to a magazine headline in France this week ranking the most pessimistic countries. Stephen Beard explains.
Steve Chiotakis speaks with Jill Schlesinger about the Labor Department's report saying unemployment dropped almost a half-percent, while the government only added 103,000 jobs for the month.
The Labor Department said this morning that the U.S. economy added 103,000 jobs in December and the unemployment rate dropped from 9.8 percent down to 9.4 percent. Hugh Johnson explains.
A new law in California went into effect this month that requires chain restaurants to post calorie count information on menus. But does that change customers' minds about the kinds of food they eat?
Although the GOP-controlled House is expected to try to repeal the health care reform, some state governors are already moving forward in implementing the law — even the Republican ones. Nancy Marshall Genzer reports.
The Detroit Auto Show begins on Monday, and while there'll be some exciting models, most auto manufacturers are keeping it simple, with new but practical technology rolled in. Alisa Roth reports.
Marketplace Morning Report for Friday, January 7, 2011
Marketplace Morning Report for Friday, January 7, 2011
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