Dec 5, 2011

Marketplace Morning Report for Monday, December 5, 2011

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Italian Prime Minister Mario Monti unveiled a firm austerity plan for his country. In the wake of a tempestuous month for leadership, we take a look at accountability, both in Europe and at American universities. Allan Sloan explains the payroll tax cuts, and reporter David Gura spotlights the increasing wealth gap.

Segments From this episode

Who's benefiting from a payroll tax cut?

Dec 3, 2011
Fortune Magazine's Allan Sloan explains the payroll tax cut, and who is benefiting the most from them.

Why the ones in power should be held accountable

Dec 3, 2011
In the aftermath of the recent scandals at various universities, there have been calls for the leaders of these institutions to step down. Should higher education officials be held accountable for what happens far down the leadership chain?

Income inequality rises around the world, not just U.S.

Dec 3, 2011
Globalization, technology, and lower taxes on the wealthy have increased income disparity in most developed countries, says a report from the Organization for Economic Cooperation and Development.

Italians react to Mario Monti's austerity plan

Dec 5, 2011
After months of protest, it appears Italians may finally be ready to work with the government to fix the nation's crumbling economy.

PODCAST: Italian austerity, American spending

Dec 5, 2011
Italian Prime Minister Mario Monti unveiled a firm austerity plan for his country. In the wake of a tempestuous month for leadership, we take a look at accountability, both in Europe and at American universities. Allan Sloan explains the payroll tax cuts, and reporter David Gura spotlights the increasing wealth gap.
Young Italian students take part in a protest against austerity cuts and lack of jobs on November 17, 2011 in Naples, Italy. It looks like the cuts will have a chance of going through.
Christopher Furlong/Getty Images

President Obama pushes to get CFPB head approved

Dec 5, 2011
this week, President Obama's expected to put the pressure on Congress to approve his nominee to head the Consumer Finance Protection Bureau. But Republicans vow to hold up any nominee until the bureau itself gets overhauled.

Can we expect solutions from Europe this week?

Dec 5, 2011
It is a big week for the European debt crisis, as French and German leaders plan for a meeting Friday.

CFPB at a standstill until director is approved

Dec 5, 2011
The Consumer Financial Protection Bureau can investigate complaints, but that's about it -- at least until a head of the bureau is approved by Congress.

Mid-day Extra: Do malls still matter?

Dec 5, 2011
The list of the top five malls in America was recently released. But with booming online shopping sales, are malls still relevant?

Mario Monti unveils austerity plan for Italy

Dec 5, 2011
The new leader of Italy has announced a plan for tax increases and spending cuts to deal with the ongoing debt crisis in the country

Belgium ends 540 days without leader

Dec 5, 2011
Belgium, the country with the fifth largest debt load in Europe, has gone without a full-time government for over 500 days. Today, a prime minister was appointed.

How the cost of college could be lowered

Dec 5, 2011
President Obama meets at the White House today with a small group of university and college presidents on how to reduce the cost of higher education. But the answers might have to come from the schools themselves.

Italian Prime Minister Mario Monti unveiled a firm austerity plan for his country. In the wake of a tempestuous month for leadership, we take a look at accountability, both in Europe and at American universities. Allan Sloan explains the payroll tax cuts, and reporter David Gura spotlights the increasing wealth gap.

The team

Stephen Ryan Producer, BBC