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Jul 29, 2011

Marketplace Morning Report for Friday, July 29, 2011

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Segments From This Episode

Food trucks shift from road to restaurant
by Tracey Samuelson
The mobile eats trend is now seen more as a first step into expanding a larger business
Oil companies maintain high profits
by Bob Moon
Some have been spinning off their refining operations to avoid taking a hit for crude costs they can't pass on
Effects of debt ceiling debate could ripple through states
by Nancy Marshall-Genzer
Maryland, for one, faces credit rating downgrade because so much of its revenue is tied to federal spending
After delayed debt vote, economists say we’re in debt ‘Twilight Zone’
by Marketplace Staff
Last night, a vote on Republican Speaker John Boehner's debt reduction plan was postponed. And some former Treasury Department officials say the debt ceiling is pointless.
Congress’ debt delay may be counterproductive, but it’s not procrastination
by Marketplace Staff
Congress postponed a key vote on a Republican debt reduction plan, and pushed the decision back even closer to the deadline. But to those who study human behavior, it's not exactly procrastination.
A debt crisis…in Egypt?
by Marketplace Staff
Almost six months after the revolution overthrew the regime of Hosni Mubarak, the new Egyptian government has been selling debt to help pay the bills.
China slams U.S. politics, but can’t remove itself from the American economy
by Rob Schmitz
China owns nearly $1.2 trillion of U.S. debt. And with worries over a default or credit downgrade, why doesn't China stop investing in the U.S. economy?
Europeans say new U.S. auto standards are unfair
The Obama administration will unveil new fuel economy standards to cut auto emissions, but European carmakers say the new rules will favor Detroit.
Stalled U.S. growth numbers have sobering effect
by Marketplace Staff
Personal finance expert Jill Schlesinger helps make sense of today's depressing GDP figures.
Economic growth stalls, with few hopeful signs
by Marketplace Staff
U.S. growth figures out today reinforce the sluggish pace of the U.S. recovery, but it's not all bad according to economic Chris Low of FTN Financial. Weekly jobless claims, which can be used to measure layoffs, have improved since July.
Fannie may weather a downgrade better than others
by Heidi Moore
Surprisingly, mortgage bonds aren't threatened by debt ceiling worries.
Slow growth history lesson
by Marketplace Staff
The nation's Gross Domestic Product stalled in the second quarter. And the recession was even worse than we thought. But don't even try to compare it to the Great Depression.