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Dec 5, 2011

Marketplace Morning Report for Monday, December 5, 2011

Italian Prime Minister Mario Monti unveiled a firm austerity plan for his country. In the wake of a tempestuous month for leadership, we take a look at accountability, both in Europe and at American universities. Allan Sloan explains the payroll tax cuts, and reporter David Gura spotlights the increasing wealth gap.

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Segments From This Episode

Who’s benefiting from a payroll tax cut?
by Steve Chiotakis
Fortune Magazine's Allan Sloan explains the payroll tax cut, and who is benefiting the most from them.
Why the ones in power should be held accountable
by Jeremy Hobson
In the aftermath of the recent scandals at various universities, there have been calls for the leaders of these institutions to step down. Should higher education officials be held accountable for what happens far down the leadership chain?
Income inequality rises around the world, not just U.S.
by David Gura
Globalization, technology, and lower taxes on the wealthy have increased income disparity in most developed countries, says a report from the Organization for Economic Cooperation and Development.
Italians react to Mario Monti’s austerity plan
by Steve Chiotakis
After months of protest, it appears Italians may finally be ready to work with the government to fix the nation's crumbling economy.
PODCAST: Italian austerity, American spending
by Mary Dooe
Christopher Furlong/Getty Images
Italian Prime Minister Mario Monti unveiled a firm austerity plan for his country. In the wake of a tempestuous month for leadership, we take a look at accountability, both in Europe and at American universities. Allan Sloan explains the payroll tax cuts, and reporter David Gura spotlights the increasing wealth gap.
President Obama pushes to get CFPB head approved
by Gregory Warner
this week, President Obama's expected to put the pressure on Congress to approve his nominee to head the Consumer Finance Protection Bureau. But Republicans vow to hold up any nominee until the bureau itself gets overhauled.
Can we expect solutions from Europe this week?
by Andrew Walker
It is a big week for the European debt crisis, as French and German leaders plan for a meeting Friday.
Europeans ‘getting their hands dirty’ solving debt problem
by Julia Coronado
News from Europe today shows positive steps towards solving the debt crisis, on the micro and macro level.
CFPB at a standstill until director is approved
by Gregory Warner
The Consumer Financial Protection Bureau can investigate complaints, but that's about it — at least until a head of the bureau is approved by Congress.
Mid-day Extra: Do malls still matter?
by Jeremy Hobson
The list of the top five malls in America was recently released. But with booming online shopping sales, are malls still relevant?
Mario Monti unveils austerity plan for Italy
by Jeremy Hobson
The new leader of Italy has announced a plan for tax increases and spending cuts to deal with the ongoing debt crisis in the country
Belgium ends 540 days without leader
by Matt Cole
Belgium, the country with the fifth largest debt load in Europe, has gone without a full-time government for over 500 days. Today, a prime minister was appointed.
How the cost of college could be lowered
by Steve Henn
President Obama meets at the White House today with a small group of university and college presidents on how to reduce the cost of higher education. But the answers might have to come from the schools themselves.
Can NC-17 movies make it at the box office?
by Steve Chiotakis
Amy Kaufman discusses the challenges movies face with a NC-17 rating.