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Marketplace Morning Report for Thursday, June 7, 2012
Jun 7, 2012

Marketplace Morning Report for Thursday, June 7, 2012

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Spain's government raised its goal of $2 billion at a bond auction this morning, but banking woes still loom. Summer movie season means it’s time for big-budget, action-adventures, but summer can also spell success for movies that ignore the desires of teenage boys. President Obama will talk to students in Nevada today about his plan to defer federal loan repayments for low-income student borrowers. Although affluent devotees are willing to pay high prices for the up-market sportwear brand Lululemon, there may be a limit to the yoga market.

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PODCAST: Food goggles and Twitter slights Facebook

Jun 7, 2012
Spain's government raised its goal of $2 billion at a bond auction this morning, but banking woes still loom. Summer movie season means it’s time for big-budget, action-adventures, but summer can also spell success for movies that ignore the desires of teenage boys. President Obama will talk to students in Nevada today about his plan to defer federal loan repayments for low-income student borrowers. Although affluent devotees are willing to pay high prices for the up-market sportwear brand Lululemon, there may be a limit to the yoga market.

Spain succeeds in bond auction despite high borrowing cost

Jun 7, 2012
Spain's government raised $2.6 billion at a bond auction this morning, but their financial crisis still looms with the banking system and government propping each other up.

Market hope hangs on Bernanke

Jun 7, 2012
All eyes are on Federal Reserve Chairman Ben Bernanke today as he testifies today on Capitol Hill and announces his plans for interest rates and quantitative easing.

Movie studios diversify summer line-ups

Jun 7, 2012
It’s summer movie season which means it’s the time for big-budget, action-adventures. But summer can also spell success for movies that ignore the desires of teenage boys.

Twitter solves mobile ad riddle

This week, in a nudge at Facebook's mobile ad struggles, Twitter said its mobile ads are booming, already outpacing web ads and on track to keep growing.

China's interest rate cut shows concern about slowdown

Jun 7, 2012
China today dropped its key interest rate by a quarter percent -- the first cut since 2008. The move shows the Chinese government is becoming concerned about the new evidence of a slowdown in the global economy.

Bernanke: Fed will act if there is risk

Jun 7, 2012
Federal Reserve Chairman Ben Bernanke was on Capital Hill today, he didn't rule out action, but did not suggest any immediate policy changes.

Central bank of China lowers interest rate

Jun 7, 2012
China's central bank this morning surprised global markets by cutting interest rates for the first time since 2008 in an effort to stimulate the slowing economy.

Lululemon shows limit of yoga market

Jun 7, 2012
Although Lululemon's profits were up this quarter, the yoga market outlook is softening despite affluent devotees that are willing to pay high prices for the fitness activity.

Uncertainty lingers in Spain after bond auction

Jun 7, 2012
Spain raised $2.6 billion in a bond sale this morning, but the higher interest rate of 6.1 percent shows that investors are still concerned that Spain has not wiped their hands clean of the financial mess just yet.

New push to ease student loan repayment

Jun 7, 2012
The federal government will streamline the process that borrowers use to get their payments capped at just 15 percent of their salaries.

Americans concerned over Fed's low interest rates

Jun 7, 2012
Fed Chairman Ben Bernanke may announce a new plan for interest rates today on Capitol Hill. Six in 10 Americans want the Federal Reserve to consider the negative impact of low interest rates on retirees and savings.

Options narrow for Federal Reserve action

Jun 7, 2012
Fed Chairman Ben Bernanke is on Capitol Hill today and he's under pressure to do more to stimulate the economy in the United States.

Spain’s government raised its goal of $2 billion at a bond auction this morning, but banking woes still loom. Summer movie season means it’s time for big-budget, action-adventures, but summer can also spell success for movies that ignore the desires of teenage boys. President Obama will talk to students in Nevada today about his plan to defer federal loan repayments for low-income student borrowers. Although affluent devotees are willing to pay high prices for the up-market sportwear brand Lululemon, there may be a limit to the yoga market.