Dec 1, 2011

Marketplace Morning Report for Thursday, December 1, 2011

HTML EMBED:
COPY

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.

Segments From this episode

ECB actions similar to the Fed's in 2008

Dec 1, 2011
There is an ongoing effort to get the euro back to normal, and the crisis is looking more and more like the sub-prime mortgage crisis here in the U.S.

Chinese production slowed in November

Dec 1, 2011
China's economy is slowing down, and it isn't just the debt problems in Europe causing the shift.

European leaders must still make drastic changes

Dec 1, 2011
The global stock market rally that sent the Dow up almost 500 points yesterday may be over, but France and Spain are offering some hope this morning that yesterday's coordinated action by central banks to ease credit is working.

CME Group threatens to leave Chicago

Dec 1, 2011
Now that the Illinois House has overwhelmingly voted down tax breaks to keep the CME Group in Chicago, the ball is in CME’s court. Can the CME really leave the city? At what cost?

Markets react well to help from world's central banks

Dec 1, 2011
The Dow had its best day in almost three years yesterday following the news that central banks around the world would help ease the credit crunch.

European governments to cut aid to Airbus

Dec 1, 2011
The cuts are supposed to level the playing field in the airline business, but the conflict between Europe's Airbus and America's Boeing could continue to rage on for years.

Nickelodeon ratings plunge, hitting Viacom stocks

Dec 1, 2011
The children's channel has been on top for 16 years but has felt a sudden, unexpected drop in ratings in the last few months.

The jobless speak on extending their benefits

Dec 1, 2011
Some economists say long-term benefits help the unemployed avoid reality: They're never going to get the pay they used to.

Central banks buy European governments more time

Dec 1, 2011
Central banks from a number of countries have decided to increase the ease of borrowing; many hope this will be enough to buy eurozone governments more time to solve the debt crisis.

PODCAST: Super Mario II

Dec 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. 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.
The President of the European Central Bank Mario Draghi addresses the European Parliament in Brussels, on December 1, 2011.
Thierry Charlier/AFP/Getty Images

On World AIDS Day, generics lacking

Dec 1, 2011
Activists are using the date to push for generic AIDS drugs, but the generics might not be economically worth it to companies that would produce it.

Mid-day Extra: The value of the laugh track

This season's fall TV lineup has seen a re-emergence of the laugh track. But do these sound effects really help ratings?

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.

The team

Stephen Ryan Producer, BBC