Marketplace Morning Report for Thursday, July 16, 2015
Jul 16, 2015

Marketplace Morning Report for Thursday, July 16, 2015

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Airing on Thursday, July 16, 2015: The Greek parliament adopted new austerity measures Wednesday night, paving the way for a new rescue package. We check the reaction in Europe. Plus, Goldman Sachs had issued a report saying that cheap oil, so far, has had a much more obvious negative impact on the economy than any positive impact on consumer spending. More on that. Plus, Irvine, California, repealed a living wage ordinance on city contracts, becoming one of the first cities in the U.S. to buck the trend of minimum and living wage increases. We examine what's behind the change.

Segments From this episode

Irvine gets rid of its living wage

Jul 16, 2015
As cities across the country raise the minimum wage, Irvine repeals 2007 ordinance.

Looking for change at Google

Jul 16, 2015
Wall Street is wondering whether the company can spend less.

Lawyers find success in the Bakken

Jul 16, 2015
The booming population of young men is helping fuel the need for attorneys.

Oil industry cutbacks are a drag on U.S. economy

Jul 16, 2015
Companies are spending less on production and laying off thousands of workers.

PODCAST: Lawyers wanted

Jul 16, 2015
Re-opening banks in Greece, Google earnings, and lawyers in rural areas.

Airing on Thursday, July 16, 2015: The Greek parliament adopted new austerity measures Wednesday night, paving the way for a new rescue package. We check the reaction in Europe. Plus, Goldman Sachs had issued a report saying that cheap oil, so far, has had a much more obvious negative impact on the economy than any positive impact on consumer spending. More on that. Plus, Irvine, California, repealed a living wage ordinance on city contracts, becoming one of the first cities in the U.S. to buck the trend of minimum and living wage increases. We examine what’s behind the change.

The team

Stephen Ryan Producer, BBC