Marketplace Morning Report for Thursday July 31, 2014
Jul 31, 2014

Marketplace Morning Report for Thursday July 31, 2014

HTML EMBED:
COPY

John Kerry is going to India, but India isn’t coming to Kerry. The country’s leaders have refused to sign a WTO deal, insisting on a compromise over grain stockpiles. The WTO deal reportedly could mean a trillion dollars in stimulus and 21 million new jobs. If it went through, what would that stimulus look like? Plus, more fallout from the housing crisis, this time for Bank of America. It's tacking on another billion dollars to its growing bill for passing off garbage mortgages as smart investments. Also, commentators have a habit of blaming whole generations for various economic troubles. Millennials are in the crosshairs a lot lately, accused of everything from shackling the housing market to setting the stage for the next global crisis with their student loan debt. Baby Boomers are getting abuse, too. Some market watchers worry that as they sell their stocks to pay for retirement, the whole market will sag. 

Segments From this episode

How to make ambulances safer

Jul 31, 2014
EMS workers have a high on-the-job fatality rate. Could safer ambulances help?

India plays chicken with the W.T.O.

Jul 31, 2014
India holds up passage of an international trade deal in order to press its agenda.

Sony streams PlayStation games online

Jul 31, 2014
Sony hopes to grow its audience by streaming classic games to Bravia TVs.

PODCAST: Ambulance tech

Jul 31, 2014
Jobs number, streaming video games, and building a safer ambulance.

Thanks for the economy, Boomers

Jul 31, 2014
Blaming the economy on a whole generation, with Chris Farrell.

Bank of America will pay a $1.3 billion penalty

Jul 31, 2014
A refresher on Bank of America's role in the housing market crash.

John Kerry is going to India, but India isn’t coming to Kerry. The country’s leaders have refused to sign a WTO deal, insisting on a compromise over grain stockpiles. The WTO deal reportedly could mean a trillion dollars in stimulus and 21 million new jobs. If it went through, what would that stimulus look like? Plus, more fallout from the housing crisis, this time for Bank of America. It’s tacking on another billion dollars to its growing bill for passing off garbage mortgages as smart investments. Also, commentators have a habit of blaming whole generations for various economic troubles. Millennials are in the crosshairs a lot lately, accused of everything from shackling the housing market to setting the stage for the next global crisis with their student loan debt. Baby Boomers are getting abuse, too. Some market watchers worry that as they sell their stocks to pay for retirement, the whole market will sag. 

The team

Stephen Ryan Producer, BBC