Dec 7, 2011

Marketplace Morning Report for Wednesday, December 7, 2011

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President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.

Segments From this episode

Euro debt crisis has deep roots

Dec 7, 2011
The troubles in Europe go back much farther than the birth of the euro, all the way to the days of Adolf Hitler.

Study: Corporations skimp on state, local taxes

Dec 7, 2011
Matt Gardner discusses why cutting taxes to attract corporations doesn't really make sense.

David Cameron not ready to agree on treaty changes

Dec 7, 2011
While the rest of Europe is ready to re-write treaties in the hopes of healing the debt crisis, British Prime Minister David Cameron is not ready to give up the interests of his own country.

Mid-day Extra: Ready to Rock into the Hall of Fame

Dec 7, 2011
The Rock and Roll Hall of Fame inductees for 2012 were announced today. The Beastie Boys, Red Hot Chili Peppers, and Guns N' Roses made the cut.
The Red Hot Chili Peppers are among the bands to be inducted into the Rock and Roll Hall of Fame in 2012.
GABRIEL BOUYS/AFP/Getty Images

Citigroup announces planned layoffs

Dec 7, 2011
Citigroup is just the latest is a long line of big banks announcing layoffs in recent months.

Plan B could go O.T.C.

Dec 7, 2011
Today, the FDA decides whether to sell the morning after pill over-the-counter. Over-the-counter drugs can often make drug makers a lot more money than prescriptions.

PODCAST: Waiting to exhale on Europe, the CFPB, and payroll tax cuts

Dec 7, 2011
President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.
Today is the last day of the year to enroll in a Medicare plan.
SAUL LOEB/AFP/Getty Images

Will Slovakia pose another threat to the EU?

Dec 7, 2011
Slovakia was a big opponent of the recent vote to extend the Greek bailout package. How will it react to plans to change treaties in the eurozone?

The battle over the Consumer Financial Protection Bureau

Dec 7, 2011
Republicans are trying to block the appointment of Richard Cordray as director of the CFPB in preference of a commission; Democrats say it's a fight against consumer protection.

Unemployment rate falls in metro areas

Dec 7, 2011
The unemployment rate in a number of cities fell in November, most notably in the Rust Belt.

The end of Medicare open enrollment for the year

Dec 7, 2011
Today is the last day to choose a Medicare plan -- the end of so-called open enrollment. What does that mean for insurance customers?

Gingrich behind in fundraising

Dec 7, 2011
As of September, Gingrich had raised about $3 million and owed more than $1 million. But he's at the top of the polls and that could help him.

President Obama takes aim at rising inequality

Dec 7, 2011
Yesterday, the president spoke about the loss of the American dream. But just how much is the middle class really shrinking?

President Obama continues his quest to extend payroll tax cuts, and delivered a big speech on the economy yesterday in Kansas. Republican Presidential Candidate Newt Gingrich is ahead in the polls, but far behind in raising funds for his campaign. The fate of the Consumer Financial Protection Bureau remains unknown, and today the FDA decides whether one drug should be sold over-the-counter.

The team

Stephen Ryan Producer, BBC