Jul 3, 2008

Marketplace Morning Report for Thursday, July 3, 2008

Segments From this episode

Chrysler's $3 gas a cheap idea?

by Rico Gagliano

Jul 3, 2008

Chrysler wants to boost weak sales by offering a gas incentive: $3 a gallon for three years. But with gas prices only rising, is that a smart move? Rico Gagliano looks into how much money customers would save with the deal.

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Salaries up for recent college grads

by Jeremy Hobson

Jul 3, 2008

An employment survey found starting salaries among recent college grads are up across the board on average of 7 percent over last year. Jeremy Hobson reports which saw the biggest income increase.

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Grain prices eat at organic industry

by Sam Eaton

Jul 3, 2008

Organic food producers are feeling the pinch of surging grain prices, and some are predicting an all-out contraction. Sam Eaton hangs out with one dairy farmer who has gone into the red to feed his cows.

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ECB firm against interest rate pressure

by Stephen Beard

Jul 3, 2008

Despite pressure from the U.S. Treasury and European politicians, the European Central Bank seems intent on raising interest rates. Stephen Beard reports the bank's objective is to use higher rates to curb inflation.

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Flood risks call for housing safety

by Nancy Marshall-Genzer

Jul 3, 2008

The National Wildlife Federation says climate change is making flooding far more likely and wants Congress to mandate that houses be built on safe terrain. Nancy Marshall Genzer has more on a flood insurance bill.

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What's dragging down Asian markets?

by Scott Tong

Jul 3, 2008

Energy prices are one of the major factors dragging down the Asian market. Scott Jagow talks to Scott Tong in Shanghai about Japanese and Chinese stocks and why China's market is down 60 percent from last year.

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Job losses in every direction

by Amy Scott

Jul 3, 2008

Most industries experienced job cuts last month, and the rise in energy prices has yet to fully factor into the big economic picture. Amy Scott reports it could be worse -- and probably will become worse.