Marketplace Morning Report for Thursday August 7, 2014
Aug 7, 2014

Marketplace Morning Report for Thursday August 7, 2014

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First up, Moscow is retaliating against the new round of economic sanctions imposed by Europe and the U.S. for Russia's role in Ukraine and its response to the downing of the Malaysian jetliner. President Putin says agricultural and food imports will be targeted. Also, one-third of the counties analyzed in a new report have surpassed their historical averages for income-to-price affordability percentages since 2000 - making them less affordable now than they have been on average over the last 14 years. Why are homes so unaffordable now? And will that change? Also, we take a closer look at a Fortune Magazine from 1948, which includes a photo essay about a hotel under construction in Cincinnati that might have been America's first boutique or hipster hotel; a mid-century triumph of art meets business, it said.  Why an article in this 66 year-old Fortune magazine entitled "Business and Ethics" is both quaint and prescient. 

Segments From this episode

Will the cash from the VA healthcare overhaul help?

Aug 7, 2014
Will the $16.3 billion dollar bill fix the beleaguered VA healthcare system?

Mexico ends Pemex's 75-year monopoly on oil

Aug 7, 2014
More on one of the biggest business and policy stories of the decade.

Why, for many, the price of homes is too damn high

Aug 7, 2014
One third of counties are less affordable now than they have been in 14 years.

PODCAST: Big money from BofA

Aug 7, 2014
BofA's settlement, new legislation for the VA, and Mexico changes its oil policy.

Google announces it will reward secure websites

Aug 7, 2014
Encrypted websites will receive higher search rankings from Google.

First up, Moscow is retaliating against the new round of economic sanctions imposed by Europe and the U.S. for Russia’s role in Ukraine and its response to the downing of the Malaysian jetliner. President Putin says agricultural and food imports will be targeted. Also, one-third of the counties analyzed in a new report have surpassed their historical averages for income-to-price affordability percentages since 2000 – making them less affordable now than they have been on average over the last 14 years. Why are homes so unaffordable now? And will that change? Also, we take a closer look at a Fortune Magazine from 1948, which includes a photo essay about a hotel under construction in Cincinnati that might have been America’s first boutique or hipster hotel; a mid-century triumph of art meets business, it said.  Why an article in this 66 year-old Fortune magazine entitled “Business and Ethics” is both quaint and prescient. 

The team

Stephen Ryan Producer, BBC