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Episodes 7991 - 8000 of 10000

  • Japan’s stock market is on a tear, with the Nikkei closing above 16,000 for the first time since 2007. The news comes after the Bank of Japan’s campaign of monetary easing, and Prime Minister Shinzo Abe’s aggressive attempts to revive the Japanese economy. Corruption in Mexico was one of the focal points of President Enrique Peña Nieto’s election campaign. But Transparency International hasn’t given Mexico very high marks.  

  • An automaker is gambling with major changes to its biggest moneymaker. Bloomberg reports next month, Ford will unveil an F-150 pickup made of aluminum, not steel. A look into the darker side of the numbers opens in theaters today. Martin Scorsese’s “The Wolf of Wall Street” tells the story of a sleazy, drug-loving broker played by Leonardo DiCaprio. Wall Street greed fuels many Hollywood plot lines. Marketplace’s Mitchell Hartman checks in with some real Wall Street pros to get their take. And, college enrollment is dropping, which makes the already fierce competition for students even tougher. Some schools are trying to reel them in with eye-popping dorms. Marketplace takes you inside a luxury dorm at the University of Kentucky.

  • There are reports this morning that a deal is close to compensate the victims of the Rana Plaza collapse in Bangladesh, which killed more than 1,100 garment industry workers last April. Some companies that made clothes there are in talks with the government and labor groups to create a fund to pay victims and their relatives. The New York Times says the settlement could be as much as $40 million. If you’re one of those people who still strings cranberries together to decorate a Christmas tree, you’re in luck. There’s a cranberry surplus. And, wine lovers have something to look forward tonight — Christmas stockings stuffed with aerators, vacuum pumps, and fancy corkscrews.  Wine gadgets are now a multi-million dollar industry. But do any of them actually work?

  • Apple begins this week with a big Christmas gift — 760 million potential new customers. That’s how many people subscribe to China Mobile, the world’s largest mobile phone carrier. The two companies have struck a deal to sell iPhones to China Mobile’s customers. And, earlier this month, the Air Force said 18 of its new Joint Strike Fighter jets will be based in Burlington, Vermont. The community there is divided over whether that’s a good thing, and both sides are using economic arguments to make their points.  

  • The Standard and Poor’s credit rating agency has stripped the entire European Union of its AAA rating. The EU has been bailing out some of weaker countries and the downgrade is a comment on the donor countries’ willingness to keep paying. Negotiations over a trade deal among a dozen Pacific Rim countries, including the U.S., are expected to resume next month, after the latest round of talks stalled. One sticking point is intellectual property — a great interest to Hollywood, which wants to protect its copyrights for as long as possible. This week, Marketplace has been looking at youth unemployment in Europe.  The numbers are terrifying.  Among 18 to 24 year olds in Greece, 60 percent are jobless. In southern Spain, it’s 74 percent. 

  • Many shoppers are about to take a moment to recall if they’ve been to a Target store in the last few weeks. The U.S. Secret Service says it’s investigating credit card and debt card thefts starting the day after Thanksgiving and possibly continuing through last weekend. Target isn’t commenting yet. And, this week, Marketplace has been reporting on the good, bad, and the ugly of exporting U.S. coal from the Pacific Northwest to China. The world’s second biggest economy burns more coal than the rest of the world combined. That’s generated record levels of air pollution, but, as Marketplace learned when we visited a mining town, it’s polluted China’s waterways, as well. We take you to the heart of China’s coal country.

  • FedEx releases its profits this morning. FedEx and other shipping companies are hoping for a bounce this holiday season. Among the factors playing in their favor is the calendar — just 26 days — because Thanksgiving is so close to Christmas, this year.  FedEx hopes people might have to rely on speedier and pricier shipping options. And, as we look at the future of coal this week, one group that’s not much of a fan of the coal industry right now are Native Americans in the Pacific Northwest. Fifty-seven tribes in the region have come together to oppose plans to build coal export terminals in Oregon and Washington State. Marketplace Morning Report looks at one tribe’s fight in Washington against what could become the largest coal export terminal in North America.

  • The bipartisan budget deal that will avoid a government shutdown gets a key vote in the Senate this morning. And it could pass the Senate as soon as Wednesday, giving Congress some “breathing room” to tackle big issues, like entitlement reform and tax reform — at least, that’s how the thinking goes. Today, the German Parliament confirmed arguably the most powerful leader in Europe for a new term. Chancellor Angela Merkel has also opted to keep her stern finance minister, Wolfgang Schäuble, in place, with global implications. And, this week Marketplace is looking at the future of coal, the fuel that built industrial America. When you think of coal, what comes to mind? Appalachia? Soot? Climate change? If you ask tribal members on the Crow Reservation that question, they might say life.

  • Japanese Prime Minister Shinzo Abe came to power a year ago. His party’s policy of “Abenomics” involves lots of stimulus spending, easy money from the central banks and then structural reforms. The Italian Prime Minister has called it his country’s “true nightmare.” The German Chancellor says it threatens the future of Europe. They are talking about staggeringly high numbers of young people who can’t find work. It’s a much bigger problem in Europe than in the U.S., where it’s also a problem. All this week, Marketplace is putting the spotlight on what we’re calling Generation Jobless. And, thought you’d stop by the post office today with your packages? Six million of your friends and neighbors will be doing the same thing on this busiest mailing day of the year.

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Get up to speed on the news each morning with our daily radio show and podcast, “Marketplace Morning Report,” hosted by Kimberly Adams. We give you the economy without the anxiety, in the amount of time it takes to brew a cup of coffee. Start your day with us, on air or by downloading our podcast, for context and perspective on the economic news that matters to you.

The Marketplace team brings you key news updates and economic happenings in real time throughout the morning. Catch “Marketplace Morning Report” live every Monday through Friday to get the latest news on the markets, money, jobs, and innovation.

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