Sep 30, 2010

Marketplace Morning Report for Thursday, September 30, 2010

Segments From this episode

Is the postal service going broke?

by John Dimsdale

Sep 30, 2010

It's the end of the government's fiscal year and there's still no new budget. Lawmakers voted to extend government spending until December. One issue they're looking at out of many is funding for the postal service. Reporter John Dimsdale talks with Bill Radke about the postal service's plan to raise the price of a first class stamp.

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Stuyvesant: A real estate bellwether?

by Amy Scott

Sep 30, 2010

The future of a massive New York City apartment complex is a little clearer this week after a state appeals court ruled that a foreclosure sale will go forward. The $5.5 billion sale of the development four years ago marked the peak of the real estate bubble. Now the property is said to be worth less than half that. Amy Scott reports.

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Economy 4.0

How is Basel III going over so far?

by Marketplace Staff

Sep 30, 2010

David Brancaccio has been studying new international banking rules as part of a new beat on Marketplace called "Economy 4.0," about tracking efforts to re-engineer the financial system. He talks with Bill Radke about how the new "Basel III" rules work and how experts feel about them.

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China: House's bill violates WTO rules

by Rob Schmitz

Sep 30, 2010

The House passed legislation to penalize China for manipulating its currency. If passed into law, it would allow the U.S. government to levy tariffs on countries like China that undervalue their currencies, making their goods cheaper than American products. What's the reaction in China? Rob Schmitz reports.

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European Debt Crisis

How bad is Ireland's fiscal situation?

by Stephen Beard

Sep 30, 2010

The Irish finance minister said his country's public finances are "horrendous" as he discussed a huge bank bailout. Europe correspondent Stephen Beard talks with Steve Chiotakis about how much a bailout could cost Ireland and how its economic situation compares to the rest of Europe.

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BP Spill: Ripples

A tall order for BP's incoming CEO

by Janet Babin

Sep 30, 2010

BP's incoming Chief Executive Bob Dudley takes the helm shortly, but already he's shaking things up. He's ousted one top manager and announced a new safety czar. But it may take more than a change at the top to reform BP's culture. Janet Babin reports.

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A look at Europe's debt, Chinese trade

by Marketplace Staff

Sep 30, 2010

Economist Diane Swonk of Mesirow Financial talks with Bill Radke about Europe's debt problems and whether the House vote to allow tariffs on Chinese imports may result in a trade war.

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Stimulus jobs program faces expiration

by Mitchell Hartman

Sep 30, 2010

A stimulus program that put hundreds of thousands of unemployed people back to work is out of money. Senate Republicans have blocked new stimulus money to keep the program going. So workers in 38 states could start getting pink slips right away. Mitchell Hartman reports.

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Nintendo delays 3DS release

by Jon Bithrey

Sep 30, 2010

Shares in the electronics giant Nintendo have fallen by almost 10% in Japan. The company announced its much anticipated 3DS hand-held console won't be out before the crucial holiday season.