Diane Swonk, chief economist with Mesirow Financial, just returned from Washington D.C. where she was meeting with the power players in the debt debate. She says the lawmakers are nearing a preliminary, 'real deal' agreement.
As the entitlement landscape continues to change in America, Chris Farrell explains that the future of retirement is no longer mobile homes and sunny vacation spots. It's an older employment base with smaller budgets as Americans work longer and save more.
The growing popularity of Internet streaming has already impacted the cable industry. But now, cable executives have a new concern on the horizon: Can customers afford the "luxury" cost of cable?
The International Energy Agency has raised its forecast for global oil demand over the next five years, and expects that demand for North America's oil supply will also rise.
This week, Russia is hosting the annual St. Petersburg International Economic Forum. China's President Hu Jintao is attending this year's forum in hopes of announcing a new gas deal between China and Russia.
Prada is expected to announce the final pricing for its initial public offering later this week in Hong Kong. But a faltering IPO in Hong Kong for Samsonite is raising questions on the wisdom of setting up shop in the city.
The computer hacker group LulzSec may or may not have claimed credit for an attack that took the U.S. Central Intellegence Agency's website offline, as Marketplace Tech Report's John Moe explains.
Marketplace Morning Report for Thursday, June 16, 2011
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