Dec 14, 2011

Marketplace Morning Report for Wednesday, December 14, 2011

Conflict in Washington continues over the possible extension of the payroll tax cuts, as experts disagree whether the measures help or hurt the broader economy. The SEC is pushing for a rule that would disclose the income gap between the average American worker and CEOs. It is about to get a bit more difficult to be a cab driver in Chicago. And what kind of football team will make its home in Los Angeles?

Segments From this episode

Efforts to improve taxi safety in Chicago

by Jeff Tyler

Dec 14, 2011

New laws in Chicago, Ill. are meant to make it safer to ride in cabs, but it could also drive up the cost of leasing a taxi.

Payroll tax cut decision should come soon

by Steve Chiotakis

Dec 14, 2011

David Mark, senior editor at Politico, explains why he thinks lawmakers will hammer out a deal on payroll tax cuts and the budget soon.

The pros and cons of the payroll tax cut

by John Dimsdale

Dec 14, 2011

The payroll tax cuts expire at the end of the year, and the clock is ticking to make a decision to renew them or not. Why can they help or hurt the economy?

OPEC agrees on oil output limit

by Christopher Werth

Dec 14, 2011

The Organization of Petroleum Exporting Countries has agreed on an output limit, and it looks like gas prices will remain high for the time being.

Euro weakens, but just part of the economic picture

by Scott Tong

Dec 14, 2011

The euro has fallen to its weakest point against the dollar in almost a year. This helps American travelers to Europe -- but only if they can afford a vacation.

Oil, gas prices should remain relatively steady

by Josh Brown

Dec 14, 2011

The Organization of Petroleum Exporting Countries agreed this morning to maintain global production at about 30 million barrels of oil per day.

Jaguars to L.A.: Hail Mary?

by Jennifer Collins

Dec 14, 2011

With stadium plans in motion, Los Angeles is wide open for a team. Could the Jacksonville Jaguars make the play?

The Punchline

The best words for your resume

by Jeremy Hobson

Dec 14, 2011

A new survey by networking site LinkedIn has found the most commonly used words on its profiles.

U.S. dollar strengthens against the euro

by Scott Tong

Dec 14, 2011

The U.S. dollar hits an 11 month high against the euro as questions remain about the ability to solve the debt crisis in Europe.

BBC World Service

Olympus escapes delisting on stock exchange... For now

by Roland Buerk

Dec 14, 2011

Japanese camera maker Olympus has been in trouble recently over alleged fraud. It met a deadline to avoid being delisted on the Tokyo stock exchange, but it isn't out of the woods yet.

Mid-day Update

Mid-day Extra: A car rental alternative in the U.K.

by Kate McGough

Dec 14, 2011

If your car is spending most of the day sitting unused on your driveway, it could be working a lot harder to earn you some spare cash.

Economy 4.0

New rule could disclose CEO-to-employee pay ratio

by David Brancaccio

Dec 14, 2011

The SEC says they should have a rule out mandating the disclosure of the ratio of CEO to average worker pay by the end of this year. It could shed more light on the widening income gap in the U.S.