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Marketplace Morning Report for Thursday, May 23, 2013
May 23, 2013

Marketplace Morning Report for Thursday, May 23, 2013

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After an electrifying run over the past several weeks, stock markets around the world are down this morning. Ford Motor Company is calling it quits in Australia. The U.S. automaker says it will shut down its two factories down under and halt production in 2016. And for pro athletes, sometimes the biggest challenge is financial success and the family pressure that comes with it.

Segments From this episode

Why are used car prices falling?

May 23, 2013
A new report says that used car prices are coming down after hitting record highs. Why?

The low-down on the slim down of ESPN

May 23, 2013
The sports network is expanding and profitable, but hundreds of staff have been laid off.

Ford calls it quits in Australia

May 23, 2013
Ford Motor Company is calling it quits in Australia, after a nearly 90-year run. The U.S. automaker says it will shut down its two factories down under and halt production in 2016.

Japan markets down on stimulus jitters, China manufacturing data

May 23, 2013
After an electrifying run over the past several weeks, stock markets around the world are down this morning.

Young, famous and newly rich: A family dilemma for pro athletes

May 23, 2013
Kobe Bryant's legal battle with his mother over the sale of his childhood memorabilia is an extreme example of the pressure some pro athletes feel from their families when they become wealthy.
Young Wade Davis with his parents and sister.
Courtesy Wade Davis

What do home sales have to do with the job market?

May 23, 2013
Domestic migration, when you move from one place in the country to another, plunged in the aftermath of the 2008 financial crisis. Now things are looking up.

SoftBank sweetens its Sprint pitch, offers U.S. veto power over board member: Report

May 23, 2013
The Wall Street Journal is reporting that Japan-based SoftBank will allow the U.S. government to pick a member of Sprint's board if the deal goes through.

PODCAST: More money, more problems?

May 23, 2013
A deal sweetener from SoftBank. Japan's markets plunge. And is it more money, more problems for professional athletes?

After an electrifying run over the past several weeks, stock markets around the world are down this morning. Ford Motor Company is calling it quits in Australia. The U.S. automaker says it will shut down its two factories down under and halt production in 2016. And for pro athletes, sometimes the biggest challenge is financial success and the family pressure that comes with it.

The team

Stephen Ryan Producer, BBC