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Jul 5, 2012

Marketplace Morning Report for Thursday, July 5, 2012

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The latest focus for Congressional Republicans is what they call the "onerous burdens" of Wall Street reform, as in the Dodd Frank regulatory overhaul of the financial sector. They say the new regulations are hurting small community banks far from Wall Street. Europe's tallest skyscraper, the Shard, is opening today on the south bank of the Thames River. And as we all recover from a long day of beaches, barbeques and fireworks, Marketplace economics correspondent Chris Farrell gives us a snapshot of American economic dependence through the years.

Segments From this episode

Small bankers fear Dodd-Frank rules

Jul 5, 2012
Community bankers worried about regulation burden despite exemptions.

The Shard, Europe's tallest skyscraper, opens today

Jul 5, 2012
Europe's tallest skyscraper is opening today on the south bank of the Thames River. It's called the Shard -- as in a shard of glass -- and it's more than a thousand feet tall. But the real challenge wasn't just building it; they also need to find a way to fill it up.

American economic independence through the years

Jul 5, 2012
As you recover from yesterday's beach trips and barbeques, we take a look back at economic independence throughout American history with Marketplace economics correspondent Chris Farrell.

Government report blames Fukushima disaster on culture

Jul 5, 2012
A Japanese government report on the Fukushima nuclear crisis puts the blame squarely on culture -- namely, a cozy relationship between politicians, regulators and the nuclear power industry. It goes so far as to suggest the accident might have occurred even without an earthquake and tsunami.

'Hispanic vote' different from generation to generation

Jul 5, 2012
A lot of people tend to say there's the Hispanic market, or politically, there are Hispanic voters. But it really does vary on whether the respondent is an immigrant, their parents came here, or both them and their parents were born in the U.S.

Planned job cuts at 13-month low

Jul 5, 2012
Ahead of tomorrow's June jobs report, data today shows the number of planned job cuts at U.S. companies has dropped to the lowest level in 13 months.

South Korea wants to resume whaling

Jul 5, 2012
South Korea asks the International Whaling Commission, currently meeting in Panama, to allow limited whaling for scientific reasons in its waters.

What to expect from June jobs report

Jul 5, 2012
Today's job numbers are good, but economists still think tomorrow's will be mediocre.

A week after Supreme Court decision, Americans still divided

Jul 5, 2012
It's been exactly a week since the Supreme Court announced that President Obama's healthcare overhaul is constitutional. Have Americans shifted their view of the law?

Taco Bell unleashes more expensive menu items

Jul 5, 2012
Forget fourth meal -- now Taco Bell is serving up new menu items that seemingly aim to compete with Chipotle. Will the strategy really work?

China and EU stimulus may lift U.S. economy

Jul 5, 2012
Today central banks in Europe and China announced new monetary stimulus measures to spur economic growth. How will the global stimulus measures impact the U.S. economy and unemployment?

PODCAST: Central bank stimulus, the EU's tallest building

Jul 5, 2012
The latest focus for Congressional Republicans is what they call the "onerous burdens" of Wall Street reform, as in the Dodd Frank regulatory overhaul of the financial sector. They say the new regulations are hurting small community banks far from Wall Street. Europe's tallest skyscraper, the Shard, is opening today on the south bank of the Thames River. And as we all recover from a long day of beaches, barbeques and fireworks, Marketplace economics correspondent Chris Farrell gives us a snapshot of American economic dependence through the years.
The Shard rises above The London Eye Ferris wheel seen from Hyde Park on July 5, 2012 in London, England.
Peter Macdiarmid/Getty Images

Luxury brands adding more airport locations

Jul 5, 2012
In recent years, sales at airports and other travel venues have risen far more quickly than at regular stores for many chains, prompting luxury retailers to focus on the travel market.

Retailers report disappointing June sales data

Jul 5, 2012
Amidst glimpses of positive economic indicators, dismal consumer confidence continues as retail sales figures are down for chain stores in June.

The latest focus for Congressional Republicans is what they call the “onerous burdens” of Wall Street reform, as in the Dodd Frank regulatory overhaul of the financial sector. They say the new regulations are hurting small community banks far from Wall Street. Europe’s tallest skyscraper, the Shard, is opening today on the south bank of the Thames River. And as we all recover from a long day of beaches, barbeques and fireworks, Marketplace economics correspondent Chris Farrell gives us a snapshot of American economic dependence through the years.

The team

Stephen Ryan Producer, BBC