Sep 2, 2011

Marketplace Morning Report for September 2, 2011

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Marketplace Morning Report for September 2, 2011

Segments From this episode

Labor Day gas prices at record highs

Sep 2, 2011
Gasoline prices are near the highest they've ever been this time of year. Americans have been using less gas thanks to greener cars and the poor economy.

Texas drought means higher beef prices

Sep 2, 2011
Prices will rise for ground beef first, then steaks, as ranchers begin culling their herds due to extreme drought.

Baltimore Grand Prix isn't just risky for drivers

Sep 2, 2011
Baltimore is hosting its first Grand Prix this weekend. Other recent auto racing events around the country haven't sold well.

More farm jobs deemed too dangerous for kids

Sep 2, 2011
For the first time in 40 years, the Labor Department is adding to the farm jobs that are off limits to children under age 16.

U.S. ready to sue banks over mortgage losses

Sep 2, 2011
Reports say the federal government is set to sue banks over bad mortgages they sold during the housing boom -- accusing them of misrepresenting the quality of the mortgages.

Could mortgage lawsuits against banks weaken the economy?

Sep 2, 2011
Professor Eliot Spoon discusses whether the government can win its lawsuits against the nation's banks over the quality of mortgages they sold during the housing boom, and unintended consequences that could occur.

The economic shockwaves caused by an NCAA 'death penalty'

Sep 2, 2011
Thaddeus Matula, director of the ESPN documentary "Pony Excess," discusses the economic damage a school can experience when a sports program is shut down -- in light of the NCAA investigating the Miami Hurricanes over players getting illegal benefits.

Leaders at summit agree on measures to help Libya

Sep 2, 2011
The measures are meant to help Libya's new government revive its stalled economy.

When will unemployment go back down to 5%?

Sep 2, 2011
Economist Chris Low discusses the August jobs report and why there were no jobs created last month.

Why the U.S. may sue banks over sour mortgages

Sep 2, 2011
New York Times reporter Nelson Schwartz discusses a story he wrote about the government suing big banks over the quality of mortgages they sold during the housing boom, and whether the housing market will benefit from a lawsuit win.

August jobs report: No jobs created

Sep 2, 2011
The U.S. added no new jobs in August and the unemployment rate didn't change. CBS/MoneyWatch's Jill Schlesinger discusses what President Obama can do to create some spark.

What can Obama do to help spur job growth?

Sep 2, 2011
Gene Sperling, director of the White House National Economic Council, discusses news in the August jobs report that is cause for optimism and what President Obama will say in his upcoming speech on jobs.

The team

Stephen Ryan Producer, BBC