Marketplace Morning Report for Thursday, December 1, 2011
Markets are finally smiling again following the news yesterday that coordinated action will be taken by the world's central banks to ease credit and increase liquidity. Chris Farrell explains what the debts of households, companies and governments means for GDP. In Illinois, state lawmakers have rejected a bill that would have offered millions of dollars in tax breaks to keep the Chicago Mercantile Exchange from leaving the state. And some economists say long-term benefits help the unemployed avoid reality.
Markets are finally smiling again following the news yesterday that coordinated action will be taken by the world’s central banks to ease credit and increase liquidity. Chris Farrell explains what the debts of households, companies and governments means for GDP. In Illinois, state lawmakers have rejected a bill that would have offered millions of dollars in tax breaks to keep the Chicago Mercantile Exchange from leaving the state. And some economists say long-term benefits help the unemployed avoid reality.