Feb 26, 2009

Marketplace Morning Report for Thursday, February 26, 2009

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Marketplace Morning Report for Thursday, February 26, 2009

Segments From this episode

Budget stashes billions 'just in case'

Feb 26, 2009
President Obama unveils his budget today to Congress -- a 10-year spending plan which includes $250 billion for the reeling banking system, "just in case." Dan Grech reports the current bailout doesn't cover everything.

Gas taxes don't cover road upkeep

Feb 26, 2009
A report finds the U.S. is only spending one-third of what's necessary to keep up its roads. The gas taxes that pay for roads and bridges now aren't as effective as cars become more fuel efficient. Sarah Gardner reports.

Poor exports hurting Japanese economy

Feb 26, 2009
The Japanese economy is struggling in no small part due to the poor health of exports. Products like cars and flat-screen TVs are usually bought on credit, which these days is hard to come by. Scott Tong reports.

Dell job cuts fuel Ireland's recession

Feb 26, 2009
Dell announced it was cutting 2,000 jobs in Ireland as it transports operations to Poland to pay workers there cheaper wages. Renita Jablonski talks to Professor Frank Barry in Dublin on how this will affect the country.

Gap troubles that predate recession

Feb 26, 2009
Gap's sales began to struggle a few years before the recession was official. Today, issues like use of retail space and a cluttered market hurt Gap and other stores like Banana Republic. Ashley Milne-Tyte reports.

Decoder: Marking losses in write-downs

Feb 26, 2009
Write-downs have been a major player in the recession's ongoing drama with banks' balance sheets. But what are they? Marketplace's Bill Radke explains in our latest Marketplace Decoder.

GM to Washington: More money, please

Feb 26, 2009
The auto market's not showing signs of restarting anytime soon, and General Motors could soon run out of its $13 billion government loan. So today, GM execs return to Washington with a simple pitch. Jennifer Collins reports.

The team

Stephen Ryan Producer, BBC

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