Segments From this episode
It seems as though every drop in U.S. stocks is reflected in Europe, and vice versa. We go 'round the world to explore the cyclical nature of global markets.
One time computer giant Hewlett-Packard has been struggling in recent years. The company now is taking drastic measures by pulling out of the personal computer, tablet and mobile phone markets.
Fears of recession have been blamed for the market slump this week. But household debt and other economic indicators are still much stronger than during the recession a few years ago.
Bank of America announced 3,500 layoffs today, with thousands more on the way. Professor Perry Mehrling of Barnard College explains why the layoffs signal tough times ahead for the banking industry.
Marketplace Morning Report for Friday, August 19, 2011