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Feb 15, 2012

Marketplace Morning Report for Wednesday, February 15, 2012

Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year. Yesterday, Chinese Vice President Xi Jinping visited the White House and the Pentagon before meeting with American business leaders at the U.S. chamber of commerce. The Westminster Dog Show dropped Pedigree as a sponsor this year, saying its sad ads that promote adoption from animal shelters turned off its audience. And President’s Day is fast approaching, but a lot of Americans don’t take that day, or others, off — and that could be a problem for the economy.

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Segments From This Episode

PODCAST: Don’t call it a comeback
by Mary Dooe
Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year. Yesterday, Chinese Vice President Xi Jinping visited the White House and the Pentagon before meeting with American business leaders at the U.S. Chamber of Commerce. The Westminster Dog Show dropped Pedigree as a sponsor this year, saying its sad ads that promote adoption from animal shelters turned off its audience. And President's Day is fast approaching, but a lot of Americans don't take that day, or others, off — and that could be a problem for the economy.
Greek debt: Playing the blame game
A meeting on the Greek bailout has been delayed. Eurozone leaders want more assurances from Greek leaders that they'll make the spending cuts they've promised. The news has triggered more frustration in Athens.
Payroll tax extension, Greek news won’t make huge impact
by Josh Brown
News out of the U.S. and Europe today could mean more spending at home and more debt problems in Greece. But Josh Brown of Fusion Analytics says neither piece of news will make a huge difference in the markets.
Purina dog food nabs Pedigree spot at Westminster
by Sally Herships
The Westminster Kennel Club dog show dropped longtime sponsor Pedigree, saying its pet adoption theme turned off audience.
Investment banking hard on the mind and body
by Adriene Hill
New research shows that work 100+ hours a week as an investment banker — or a lawyer or software engineer — can be a big hazard.
Payroll tax cut, benefit extension a type of stimulus
by Heidi Moore
A tentative deal has been reached to extend the payroll tax cut, as well as some unemployment benefits and Medicare payments. As the economy stays sluggish, we're in an era of seemingly endless government stimulus.
Greek debt meeting moved to conference call
A big meeting today in Europe that was supposed to continue talks on the Greek debt crisis has been delayed until next week. Now, leaders will join in a conference call to discuss the problem.
Americans and the vacation conundrum
by David Lazarus
American workers get the least amount of guaranteed paid holiday and vacation time compared to the rest of the world, and many don't even take their allotted time off, thanks to pressure from employers.
U.S. and Europe reach organic food agreement
by Adriene Hill
The U.S. and European Union have reached a deal on organics: what counts as organic here will count as organic there, and vice versa.
Xi Jinping visits Iowa… again
by Jeremy Hobson and Adriene Hill
The soon to be president of China is visiting the U.S. this week, and today he is in Iowa. It turns out, he's been there before.
U.S.-China trade relations could still go south
by Scott Tong
China's vice president Xi Jinping met with corporate leaders at U.S. Chamber of Commerce as part of his Washington trip. Each side has put on a smile about their economic relationship, but that hasn't hid the tensions beneath the surface.
Extended payroll tax cut serves as ‘stealth stimulus’
by Heidi Moore
Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year, which means more money will go into more people's pockets and perhaps, they will go out and spend it.
Tensions in Middle East affecting oil prices
by Adriene Hill
Oil prices are on the rise today, in part because of news out of Syria. But there are also bigger picture problems to worry about.

Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year. Yesterday, Chinese Vice President Xi Jinping visited the White House and the Pentagon before meeting with American business leaders
at the U.S. chamber of commerce. The Westminster Dog Show dropped Pedigree as a sponsor this year, saying its sad ads that promote adoption from animal shelters turned off its audience. And President’s Day is fast approaching, but a lot of Americans don’t take that day, or others, off — and that could be a problem for the economy.