Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Thursday, November 14, 2013

Federal Reserve chair nominee Janet Yellen starts the confirmation process in front of the Senate Banking Committee today. The text of her prepared remarks is already out and there are four key words in it: The Fed has, Yellen will say, "more work to do." That might mean the Fed has more stimulus to do, and stocks are rallying today. Walmart will announce its quarterly profits this morning. The National Retail Federation projects that average American shopper will spend $737.95 on holiday shopping -- that's down 2 percent from last year. And, Venezuela has a terrible inflation problem. Consumer prices jumped 54 percent last month alone. Venezuelan President Nicolás Maduro blames what he calls "hoarding and speculation," and he's taking some dramatic steps to combat the problem.

Listen to the episode

From this Episode

Music from this Show

Browse the Show
David Brancaccio
Brancaccio david

About the Show

A lot happened while you slept. Marketplace Morning Report® host David Brancaccio explores the latest on markets, money, jobs and innovation, providing the context you need to make smart decisions. We've also launched a new series about how machines, robots and algorithms are increasingly entering the workforce. We're looking at what humans can do about it with a new journey to find robot-proof jobs. Read more here.