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Nov 17, 2011

Marketplace Morning Report for Thursday, November 17, 2011

On this Thursday morning, the credit rating agency Fitch says the U.S. should be worried about exposure to the European debt crisis. We look at whether Angie’s List is ready for an IPO, and why more American elderly are being pushed towards poverty. In Washington, John Dimsdale looks at the insider trading rules that apply — or don’t apply — to Congressmen.

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Segments From This Episode

Is Angie’s List ready for its IPO?
by Steve Henn
The popular website has more than a million paying subscribers, but it's still in a hole.
Insider trading in Congress
by John Dimsdale
Several new bills to stop insider trading by Congressmen are gaining momentum on Capitol Hill.
Fitch warns of U.S. exposure to euro debt
by Amy Scott
The credit rating agency Fitch says U.S. banks could be hit hard by the turmoil in Europe. The warning came late yesterday and sent bank shares tumbling.
Money goes mobile in developing economies
by Scott Tong
Somali refugees in Kenya are using cell phones for a number of monetary transactions.
Apple stays quiet on environmental concerns in China
by Rob Schmitz
Apple has remained relatively quiet on accusations of unsafe working conditions and environmental concerns in China. But they have hired an outside company to look into the problems.
PODCAST: Engineers study harder than business majors
by Mary Dooe
ARNE DEDERT/AFP/Getty Images
In today's Mid-day Update, we look at the ongoing debt crisis and Europe and its potential effects on U.S. banks. Meanwhile, the deadline for the Congressional super committee is not far off. And poverty numbers among the elderly are rising.
Poverty numbers among elderly rise
by Chris Farrell
Higher health care costs could be what's pushing more of the elderly into poverty.
Arab League gives Syria deadline to stop violence
by Jonathan Head
Pressure is mounting against the Syrian government to stop violent protests in the country. If they continue past the three day deadline, economic sanctions are the next step.
Will the super committee reach a deal?
by Marketplace Contributor
Diane Swonk, chief economist with Mesirow Financial, explains why the super committee might not reach a deal by its deadline.
California faces more budget cuts
by Steve Chiotakis
The state of California is receiving much less in revenue this year than it projected.
Occupy Wall Street gathers in front of NYSE
by Stacey Vanek Smith
Stacey Vanek Smith
Recently evicted, the Occupy Wall Street movement hopes to keep its momentum going even after leaving Zuccotti Park.
Mid-day Extra: How book awards translate to dollars
by Jeremy Hobson
Last night, the winners of this year's National Book Awards were announced.
Fitch warning causes U.S. stocks to drop
The threat of a European contagion is far from over, and U.S. banks could be hit by their exposure to France and other countries.
Super committee deadline looms
by Amy Scott
The super committee in Washington must reach a deal by next week, but that is looking increasingly unlikely.