Marketplace Morning Report for Monday, December 15, 2008
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Segments From this episode
A rate cut could drive investors to gold
The Federal Reserve begins a two-day meeting today which will likely result in another rate cut. That could lead to a weaker dollar, and could also coerce investors to take safety in gold. Ashley Milne-Tyte reports.
China's electric car ahead of the curve
Chinese company BYD unveiled a new electric car with a plug-in battery that's supposedly two years ahead of the competition. Scott Jagow talks to Marketplace's Scott Tong, who got a first-hand look.
What we need is restored confidence
Fortune Magazine's Allan Sloan moderated a panel discussion on the issue of confidence in the economy. He told Scott Jagow our main concerns are confidence for foreign investors and for our leadership in Washington.
White House weighing auto options
The White House looks poised to take action to help the auto industry, and there are a few routes it could take. Stacey Vanek-Smith talks to Marketplace's Alisa Roth, who goes over what could happen.
Quantitative easing: A 'nuclear option'
When you want to get people borrowing and spending again and you've exhausted all other options, there's always quantitative spending. Stephen Beard explains this last resort option in our latest Marketplace Decoder.
Madoff scandal ripples through Europe
European banks are reacting to the Bernard Madoff scam with potential losses in the billions. Britain's Royal Bank of Scotland and France's BNP Paribas are just two examples. Stephen Beard reports.
Public can track bailout online
The Web site Subsidyscope launches today and makes available a full range of public subsidies for open tracking -- including corporate tax breaks and the $700 billion bailout. Nancy Marshall Genzer reports.