Marketplace Morning Report for Thursday, July 16, 2015
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 Plus, Irvine, California, repealed a living wage ordinance on city contracts, becoming one of the first cities in the U.S. to buck the trend of minimum and living wage increases.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.
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 Plus, Irvine, California, repealed a living wage ordinance on city contracts, becoming one of the first cities in the U.S. to buck the trend of minimum and living wage increases.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.