Marketplace Morning Report for Friday, October 3, 2014
Oct 3, 2014

Marketplace Morning Report for Friday, October 3, 2014

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First up, JPMorgan Chase, one of the biggest of banks, has more information now on a colossal cyberattack from the summer. The bank says accounts were not cracked, but well over half the households in America had personal information taken, if you do the math. And today, government statisticians answer the question: was August's weak employment report a fluke or a worrisome trend. So, what happened with jobs in September? Forecasters--and job seekers--will be especially disappointed if job creation doesn't start with a two...as in something in the 200-thousands. Plus, as Marketplace celebrates its 25th birthday this year, we are looking at the surprising, sometimes delightful and sometimes destructive ways that prices have changed during that quarter century. Today, it's the time policymakers tinkered with the government's official measure of retail inflation, the Consumer Price Index. That's calculated by monitoring the changing prices of a pre-determined basket of goods.

Segments From this episode

Hedge-fund-backed Canadian railroad aims high

Oct 3, 2014
The humble railroad is a hot investment, thanks in part to crude oil.

How substituting chicken for beef affects inflation

Oct 3, 2014
In the 90s, the Boskin Commission changed the way we measure inflation.

PODCAST: Planes, trains, and billionaires

Oct 3, 2014
The jobs report for September, the economy of Brazil, and Canada's railways.

First up, JPMorgan Chase, one of the biggest of banks, has more information now on a colossal cyberattack from the summer. The bank says accounts were not cracked, but well over half the households in America had personal information taken, if you do the math. And today, government statisticians answer the question: was August’s weak employment report a fluke or a worrisome trend. So, what happened with jobs in September? Forecasters–and job seekers–will be especially disappointed if job creation doesn’t start with a two…as in something in the 200-thousands. Plus, as Marketplace celebrates its 25th birthday this year, we are looking at the surprising, sometimes delightful and sometimes destructive ways that prices have changed during that quarter century. Today, it’s the time policymakers tinkered with the government’s official measure of retail inflation, the Consumer Price Index. That’s calculated by monitoring the changing prices of a pre-determined basket of goods.

The team

Stephen Ryan Producer, BBC