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Jul 8, 2013

Marketplace Morning Report for Monday, July 8, 2013

The U.S. and EU kick off trade talks today, but there may be an unpleasant odor as negotiations begin: European anger about U.S. spying. Congress considers cutting food stamps from the farm bill. As FEMA updates flood maps, residents fear home insurance hikes. And Andy Murray’s Wimbledon victory marks 36 years since the last British player won the title.

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Segments From This Episode

As FEMA expands flood zones, residents fear insurance hikes
FEMA is updating its flood maps to expand areas deemed at risk of damage — and that’s striking fear in communities that could be deluged with higher insurance bills.
Military commissaries closed by sequester
by Gigi Douban
Monday is day one of the sequester-driven defense cuts, including a one-day a week closure of all domestic military grocery stores.
How will US snooping impact US-EU trade negotiations?
by Andrew Walker
The U.S. and EU kick off trade talks today, but there may be an unpleasant odor as negotiations begin: European anger over U.S. spying revelations.
Andy Murray wins Wimbledon and 75 million reasons to smile
As a mere U.S. Open champion and Olympic gold medal winner, Murray had been making $12 million a year. That number is expected to shoot up to $75 million after his victory Sunday at Wimbledon.
Food stamps may be cut from new farm bill
by Sarah McCammon
In an effort to get it passed, some in Congress want to split the food-stamps part of the bill from the farm subsidy part.
Thomson Reuters expected to suspend data sneak peaks: Report
Is ok to pay to get the jump on market-moving news? Thomson Reuters is expected to suspend the practice of selling so-called sneak peeks of certain economic data to select clients today.
Which would you rather have: More jobs or lower interest rates?
by Julia Coronado
The yield on the 10-year Treasury note — the benchmark for U.S. interest rates — was up this morning following Friday's somewhat positive jobs report.
PODCAST: Jobs versus interest rates
by David Brancaccio
Military commissaries closed by sequester. Thomson Reuters expected to suspend data sneak peaks. And which would you rather have: more jobs or lower interest rates?
90 seconds: The technology and investment behind plane evacuations
Over the years airlines and aircraft manufacturers have invested in technology to improve crash survivability.
Same-sex marriage ruling could benefit certain states
by Ilya Marritz
New York and New Jersey have been competing for jobs for decades. Will federal recognition for same-sex marriage give New York an unexpected advantage?

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Marketplace Morning Report for Monday, July 8, 2013

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Segments From This Episode