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Jun 9, 2011

Marketplace Morning Report for Thursday, June 9, 2011

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Segments From This Episode

Commerce Department pushes small businesses to increase exports
by Jennifer Collins
New reports show U.S. exports are slipping, and 1 percent of U.S. companies sell products abroad. The Commerce Department wants to change that — one (very) small enterprise at a time.
The process behind naming a racehorse
by Marketplace Staff
From Seabiscuit to Secretariat, there are rules and rituals involved in naming a racehorse.
Corn supply, and its effect on food prices
by Adriene Hill
The floods in the Midwest are hurting corn supply, which could affect the rest of the food industry.
Race for IMF chief coming to a head
by John Dimsdale
It's assumed Christine LaGarde will get the job. Emerging markets complain Europeans always run the IMF, but they haven't been able to coalesce around their own candidate.
China says a U.S. default is ‘playing with fire’
by Amy Scott
China holds more than $1 trillion of U.S. debt, so today the country has said it hopes the U.S. will take effective steps to improve its fiscal position.
‘The spy who loved VC’
by Peter van Dyk
Anna Chapman — the red-headed cover girl of the Russian spy ring uncovered by the FBI last year — is no longer a woman of international mystery, and instead is promoting technology investment in Russia.
OPEC meeting ends without production increase, markets react
Oil prices are up to about $101 a barrel this morning after OPEC decided to maintain its current output levels.
Banks lose battle over debit card swipe fees
by Marketplace Staff
The U.S. Senate has rejected a plan, backed by banks, for a six-month delay in the implementation of a cap on debit card swipe fees. Karen Petrou with Federal Financial Analytics explains.
Senate imposes debit swipe fee limits
by Marketplace Staff
The U.S . Senate voted yesterday to end the banking industry's rally to block caps on debit car swipe fees yesterday. Greg McBride at Bankrate.com explains.
Citibank hacked, more than 200,000 bank customers affected
by Amy Scott
The banking giant has confirmed that credit card information for about 200,000 of its North American customers have been compromised.
Mixed market numbers have economists concerned
by Marketplace Staff
Adolfo Laurenti, deputy chief economist at Mesirow Financial, explains how recent stock numbers show a slowdown in economic activity, and how factors like oil prices and the Chinese housing bubble could impact the economic soft patch.
Educated immigrants now outnumber lower-skilled
by Marketplace Staff
A new report released from the Brookings Institution shows that highly skilled temporary and permanent immigrants in the United States now outnumber lower-skilled ones. Andrey Singer from the Brookings Institution explains.