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Feb 19, 2009

Marketplace Morning Report for Thursday, February 19, 2008

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Marketplace Morning Report for Thursday, February 19, 2008

Segments From this episode

Explaining 'Buy American' to Canada

Feb 19, 2009
President Obama heads to Canada today, where he'll have six hours to explain what the "Buy American" provision in the stimulus package means. Dan Grech explores the strong trading relationship the two countries share.

Why are critics crying protectionism?

Feb 19, 2009
President Obama has been criticized for the "Buy American" clause in the stimulus package. The protectionist cries remind economics correspondent Chris Farrell of a movie from the 60's. He talks with Steve Chiotakis.

Boomers in the job market do the hustle

Feb 19, 2009
The unemployment rate for baby boomers has doubled over the past year, and those older workers looking for a job again can find it tough to re-enter the market. Nancy Marshall Genzer reports what could be working against boomers' favor.

UBS pulls back curtain on U.S. accounts

Feb 19, 2009
Swiss bank giant UBS will identify 250 American clients with undeclared accounts as part of a settlement with the U.S. government. Some analysts believe this could be a breakthrough in the battle against tax evasion. Stephen Beard reports.

Malls struggle to fill tenant vacancies

Feb 19, 2009
In a time when many stores are closing and credit is harder to come by, shopping centers have to get creative to find new tenants. Ashley Milne-Tyte reports what some malls are doing to fill the empty retail space.

Struggling hedge funds shed space

Feb 19, 2009
As hedge funds in Greenwich, Conn. fall, so does the real estate. Amy Scott talked revenue loss and surveyed available commercial space around town with real estate agent Steven Greenbush, who works with financial firms.

Fed: There's little risk of inflation

Feb 19, 2009
The Federal Reserve predicts climbing unemployment and an economy that will continue to contract all year. But Fed Chairman Ben Bernanke says weak economic activity means low risk of inflation. Janet Babin reports.

Jobless claims at a 26-year high

Feb 19, 2009
The Labor Department reports that the total number of people receiving unemployment is close to 5 million. Janet Babin reports why even when recovery comes -- and it will -- unemployment numbers will stay high.

The team

Stephen Ryan Producer, BBC