Nov 17, 2011

Marketplace Morning Report for Thursday, November 17, 2011

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On this Thursday morning, the credit rating agency Fitch says the U.S. should be worried about exposure to the European debt crisis. We look at whether Angie's List is ready for an IPO, and why more American elderly are being pushed towards poverty. In Washington, John Dimsdale looks at the insider trading rules that apply -- or don't apply -- to Congressmen.

Segments From this episode

Is Angie's List ready for its IPO?

Nov 17, 2011
The popular website has more than a million paying subscribers, but it's still in a hole.

Insider trading in Congress

Nov 17, 2011
Several new bills to stop insider trading by Congressmen are gaining momentum on Capitol Hill.

Fitch warns of U.S. exposure to euro debt

Nov 17, 2011
The credit rating agency Fitch says U.S. banks could be hit hard by the turmoil in Europe. The warning came late yesterday and sent bank shares tumbling.

Money goes mobile in developing economies

Nov 17, 2011
Somali refugees in Kenya are using cell phones for a number of monetary transactions.

Apple stays quiet on environmental concerns in China

Nov 17, 2011
Apple has remained relatively quiet on accusations of unsafe working conditions and environmental concerns in China. But they have hired an outside company to look into the problems.

PODCAST: Engineers study harder than business majors

Nov 17, 2011
In today's Mid-day Update, we look at the ongoing debt crisis and Europe and its potential effects on U.S. banks. Meanwhile, the deadline for the Congressional super committee is not far off. And poverty numbers among the elderly are rising.
A trader follows the speech by Greek Prime Minister George Papandreou on a television at the stock exchange in Frankfurt am Main, Germany, on November 3, 2011.
ARNE DEDERT/AFP/Getty Images

Poverty numbers among elderly rise

Nov 17, 2011
Higher health care costs could be what's pushing more of the elderly into poverty.

Arab League gives Syria deadline to stop violence

Nov 17, 2011
Pressure is mounting against the Syrian government to stop violent protests in the country. If they continue past the three day deadline, economic sanctions are the next step.

Will the super committee reach a deal?

Nov 17, 2011
Diane Swonk, chief economist with Mesirow Financial, explains why the super committee might not reach a deal by its deadline.

California faces more budget cuts

Nov 17, 2011
The state of California is receiving much less in revenue this year than it projected.

Occupy Wall Street gathers in front of NYSE

Nov 17, 2011
Recently evicted, the Occupy Wall Street movement hopes to keep its momentum going even after leaving Zuccotti Park.
Occupy Wall Street protesters gather outside the New York Stock Exchange.
Stacey Vanek Smith

Fitch warning causes U.S. stocks to drop

Nov 17, 2011
The threat of a European contagion is far from over, and U.S. banks could be hit by their exposure to France and other countries.

Super committee deadline looms

Nov 17, 2011
The super committee in Washington must reach a deal by next week, but that is looking increasingly unlikely.

On this Thursday morning, the credit rating agency Fitch says the U.S. should be worried about exposure to the European debt crisis. We look at whether Angie’s List is ready for an IPO, and why more American elderly are being pushed towards poverty. In Washington, John Dimsdale looks at the insider trading rules that apply — or don’t apply — to Congressmen.

The team

Stephen Ryan Producer, BBC