Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Wednesday, December 28, 2011

San Francisco has raised to the minimum wage to over $10 an hour, and that will effect the cities famed restaurants. On the other side of the country, negotiations will start today in New York between building owners and the union representing the people that clean those buildings. As the 10 year birthday of the euro approaches, David Brancaccio looks back at how Marketplace's resident poet described the deal at the time.

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From this Episode

What will happen to the world's oil production if Iran is able to block the Strait of Hormuz?
A general scenic view of the Siyo-se-pol bridge on the Zayandeh-Rood river in Isfahan, Iran. Authorities there are threatening to block the Strait of Hormuz, where 20 percent of the world's oil goes through.
Majid Saeedi/Getty Images
The blocking of oil exports from Iran, however unlikely, could cause the cost of crude oil to skyrocket.
Janitors and supporters from Service Employees International Union (SEIU) Local 1 hold a rally outside the Thompson Center Sept. 28, 2011 in Chicago, Ill. The rally was one of 22 held nationwide by the union to galvanize their members before contracts for 160,000 janitors around the country expire next year.
Scott Olson/Getty Images

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About the Show

News happens while you sleep. Marketplace Morning Report gives you a head start on the day. Throughout the morning, host David Brancaccio shares the latest on markets, money, jobs and innovation, providing the context you need to make the smartest decisions. And from London, host Anu Anand presents Marketplace Morning Report from BBC World Service to bring you up to speed as the global economy shifts. It's the world perspective you need, from two trusted sources.