Oct 28, 2011

Marketplace Morning Report for Friday, October 28, 2011

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A debt deal was reached in Europe yesterday, but the problems are far from over. Today, a European official spoke to Chinese leaders about getting funding for their plan, while here in the U.S., Republicans and Democrats continue to clash in super committee debates over the best way to slash the budget. Colleges are bidding for prime real estate space in New York City, while NASA launches a big weather satellite.

Segments From this episode

Russia won't turn back the clock

Oct 27, 2011
Last March, Russia moved to summer time, as it has for the past 30 years -- but now it's not going back.

How to handle Greek debt in your portfolio

Oct 28, 2011
A financial planner advises not to get panicked about facing Greek debt.

If not debit fees, what will banks do to earn cash?

Oct 28, 2011
Big banks have backed off of the idea of debit card fees for now in the wake of backlash against Bank of America's plan. But where will banks try to make money going forward?

Super committee members clash over tax increases

Oct 28, 2011
With a deadline less than a month away, Democrats and Republicans on the super committee are disagreeing over the best way to cut the deficit.

Mike Holland: U.S leaders could learn from Europe

Oct 28, 2011
News about the debt crisis solution in Europe has markets reacting positively, but we still have problems to solve here at home.

Jill Schlesinger: More consumer spending, less saving

Oct 28, 2011
Jill Schlesinger of CBS/MoneyWatch explains why the current economic numbers in the U.S. aren't sustainable.

Mid-day Extra: Burning the midnight oil

Oct 28, 2011
Faced with lack of space and demand from students with hectic schedules, some community colleges across the U.S. are offering classes in the wee hours of the morning.

Hewlett-Packard holds on to PC business for now

Oct 28, 2011
Hewlett-Packard has switched gears again, now saying that it won't leave the PC business just yet.

Banks back down on debit card fees

Oct 28, 2011
After major backlash following Bank of America's decision to charge $5 for debit cards, other big banks across the country are deciding against the practice.

Colleges bid for NYC space

Oct 28, 2011
Today is the final day for proposals to build a campus on Roosevelt Island in New York City. Some big-name schools are in contention.

NASA's big space launch -- of a weather satellite

Oct 28, 2011
It may not be a major space shuttle, but the humble satellite could provide invaluable data.

Europe looks to China for help with bailout fund

Oct 28, 2011
The head of the euro zone bailout fund is in China today asking for help.

A debt deal was reached in Europe yesterday, but the problems are far from over. Today, a European official spoke to Chinese leaders about getting funding for their plan, while here in the U.S., Republicans and Democrats continue to clash in super committee debates over the best way to slash the budget. Colleges are bidding for prime real estate space in New York City, while NASA launches a big weather satellite.

The team

Stephen Ryan Producer, BBC