Aug 23, 2012

Marketplace Morning Report for Thursday, August 23, 2012

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Notes from a Fed meeting earlier this month were released yesterday and they seem to indicate more stimulus is on the way. The presidential race is heating up and this morning President Barack Obama's campaign announced it's going to start…

Segments From this episode

Translating the complications of Chinese paychecks

Aug 23, 2012
Workers at state-run companies in China are riding pretty high. Beyond standard salaries, there are often a lot of perks for state workers, including mortgage payments, groceries, fancy cars. And it's all tax free.

Meat processors consider long-term outlook

Aug 23, 2012
Hormel announces its earnings today. The company is the third-largest seller of meat, and with the drought and commodity prices rising, investors are looking for signs of the food industry's long-term outlook.

Romney's energy plan: Less regulation, more exploration

Aug 23, 2012
But it probably won't have much impact on consumer's pocketbooks, especially when it comes to the price of gas or electricity.

Forecasting election results through 'Bread and Peace'

Aug 23, 2012
Economist Douglas Hibbs predicts the winner of the 2012 presidential election through his 'Bread and Peace' forecasting model.

Signs that the Fed could inject more money into economy

Aug 23, 2012
There are new signs the Federal Reserve is getting ready to pump more money into the U.S. economy. Notes from a Fed meeting earlier this month were just released and they seem to indicate we've got another economic stimulus package…

Americans still feel gloomy about the economy

Aug 23, 2012
The latest data on unemployment claims put them near their lowest levels since the start of the financial crisis. Hiring is slowly ticking up. So why aren't Americans feeling better about the economy?

How Americans rank industries' reputations

Aug 23, 2012
Which industries do well in public opinion polls? Computers get mostly positive marks, as do retail and anything having to do with food. The federal government and oil and gas, not so much.

PODCAST: Trying to predict election outcomes, Federal Reserve moves, and the future of Europe

Aug 23, 2012
Notes from a Fed meeting earlier this month were released yesterday and they seem to indicate more stimulus is on the way. And while the Chinese economy shows some signs of slowing, not that everyone is suffering. Workers at state-run…
An Andean fortune-teller reads the cards to an Aymara elderly woman, at San Pedro square in La Paz, on June 28, 2012.
AIZAR RALDES/AFP/GettyImages

Weekly unemployment applications tick up slightly

Aug 23, 2012
The number of people filing for unemployment benefits rose last week to 372,000. That's 4,000 more than the previous week.
 A recruiter talks with a job seeker during the National Career Fairs' San Francisco South Career Fair on July 16, 2012 in San Mateo, Calif.
Justin Sullivan/Getty Images

European leaders fly to meet and plan for economic future

Aug 23, 2012
French President Francois Hollande travels to Berlin today to meet with German Chancellor Angela Merkel. That comes a day after Greek prime minister Antonis Samaras asked for more time to get Greece's fiscal house in order. In fact, over…

Notes from a Fed meeting earlier this month were released yesterday and they seem to indicate more stimulus is on the way. The presidential race is heating up and this morning President Barack Obama’s campaign announced it’s going to start taking campaign donations via text message. Elsewhere today, GOP Presidential candidate Mitt Romney unveils his energy plan at a campaign stop in New Mexico. And while the Chinese economy shows some signs of slowing, not that everyone is suffering. Workers at state-run companies in China receive not just good salaries, but all kinds of perks — from mortgage payments to fancy cars.

The team

Stephen Ryan Producer, BBC