Marketplace®

Daily business news and economic stories
Dec 4, 2013

Marketplace Morning Report for Wednesday, December 4, 2013

A half a dozen big banks like Deutsche Bank and JPMorgan have been hit with a record $2.3 billion dollar fine from the European Commission for colluding to rig two benchmark lending rates that set the price of money between banks — something on which they were supposed to competing. How do you know when to start collecting Social Security? And, if you have missed fake newsman Ron Burgundy this week, you are living under a rock. The character played by Will Farrell has been everywhere promoting his new movie, “Anchorman 2” — hawking Dodge Durangos, anchoring a real North Dakota newscast, and at Emerson College, where one of the actual schools will be renamed for him for a day.

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A half a dozen big banks like Deutsche Bank and JPMorgan have been hit with a record $2.3 billion dollar fine from the European Commission for colluding to rig two benchmark lending rates that set the price of money between banks — something on which they were supposed to competing. How do you know when to start collecting Social Security? And, if you have missed fake newsman Ron Burgundy this week, you are living under a rock. The character played by Will Farrell has been everywhere promoting his new movie, “Anchorman 2” — hawking Dodge Durangos, anchoring a real North Dakota newscast, and at Emerson College, where one of the actual schools will be renamed for him for a day.