Nov 4, 2011

Marketplace Morning Report for Friday, November 4, 2011

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The nation's economy created 80,000 jobs in October, according to the latest Labor Department report out just minutes ago. The unemployment rate improved, dropping one-tenth of a percent to 9 percent. Starbucks stock is up more than 5 percent this morning after the company announced its profits were up 29 percent last quarter. Starbucks is benefiting from sales overseas. Former New Jersey Governor, and former Goldman Sachs head Jon Corzine is now also former CEO of MF Global. The company -- which went bankrupt this week because of exposure to European debt -- announced Corzine's resignation this morning.

Segments From this episode

Jobs report expected to show slow and steady growth

Nov 4, 2011
The October jobs report is expected to show the U.S. economy added jobs, but not enough to dent high unemployment.

Mid-day Extra: What Live Nation's earnings mean for music

Nov 4, 2011
Live Nation reported quarterly earnings much better than the same point last year. What changed?

Who are the top 1%?

Nov 4, 2011
The "top 1 percent" is a term being used a lot these days, but who exactly is that demographic?

Banks could be risking billions on insurance on European debt

Nov 4, 2011
The banks are saying don't worry, but the practices echo those that caused a lot of trouble three years ago.

Attention Walmart shoppers!

Nov 4, 2011
It's just the beginning of November, but Walmart and other retailers are already trying to get a head start on holiday season shopping with a big sale three weeks before Black Friday.

Eyes on the IMF for aid in European debt crisis

Nov 4, 2011
As the G20 summit comes to a close, it is now increasingly possible that Greece might leave the eurozone. Some are looking to the IMF to prevent further damage to the region's economy.

Berlusconi's album release delayed

Nov 4, 2011
The Italian Prime Minister Silvio Berlusconi has recorded an album, but the release date is delayed due to the ongoing economic crisis in Europe.

Starbucks profits up 29% last quarter

Nov 4, 2011
Starbucks profits were up last quarter, but it has plans to increase profits even more through the sale of K-Cups.

Private sector jobs slowly climbing

Nov 4, 2011
The job market in the U.S. is showing small signs of improvement, with unemployment down to 9 percent in October.

October numbers reduce likelihood of double-dip recession

Nov 4, 2011
We speak to Gus Faucher of Moody's Analytics about this month's jobs numbers, and how young and old workers could still suffer down the line.

Gene Sperling: What we still need for employment to improve

Nov 4, 2011
Gene Sperling, director of the National Economic Council, explains what still needs to be done to help create even more jobs.

Bank Transfer Day set for tomorrow

Nov 4, 2011
The Occupy movement will continue plans for Bank Transfer Day even after big banks decided to back down on debit card fees.

The nation's economy created 80,000 jobs in October, according to the latest Labor Department report out just minutes ago. The unemployment rate improved, dropping one-tenth of a percent to 9 percent. Starbucks stock is up more than 5 percent this morning after the company announced its profits were up 29 percent last quarter. Starbucks is benefiting from sales overseas. Former New Jersey Governor, and former Goldman Sachs head Jon Corzine is now also former CEO of MF Global. The company — which went bankrupt this week because of exposure to European debt — announced Corzine's resignation this morning.

The team

Stephen Ryan Producer, BBC