Jul 6, 2011

Marketplace Morning Report for Wednesday, July 6, 2011

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Marketplace Morning Report for Wednesday, July 6, 2011

Segments From this episode

Consumers turn to coupons in tough times

Jul 6, 2011
Conventional wisdom says that, during recessions, people use coupons more. Do they?

Oil spill worse than expected because of river conditions

Jul 6, 2011
Regulators and communities want better oil spill cleanup plans that reflect actual worst case scenarios.

Facebook feeds the hype machine

Jul 6, 2011
By trying to create buzz around its latest announcement, Facebook follows the hype tactic being deployed by fellow tech companies.
Facebook CEO Mark Zuckerberg speaks during a media event at Facebok headquarters on April 7, 2011 in Palo Alto, California.
Justin Sullivan/Getty Images

Michigan sues private company over bridge construction

Jul 6, 2011
The Michigan Department of Transportation and the Detroit International Bridge Company had a $230 million deal to jointly build a series of ramps on the Ambassador Bridge. But the state says the company isn't complying with the design they agreed upon.

Moody's downgrades Portugal debt to junk

Jul 6, 2011
Ratings agency Moody's downgraded Portugal's debt to junk status, saying the country would likely need a second bailout to regain a strong financial foothold. Economist Fernando Alexandre explains.

U.K. parliament debates tabloid hacking claims

Jul 6, 2011
New allegations have emerged in a scandal over British newspaper News of the World's phone hacking in Britain.

Challenger: Planned layoffs rise in June

Jul 6, 2011
John Challenger, CEO of the job placement firm Challenger Gray & Christmas, explains today's job report, and how jobs in the technology and energy industries are showing strong signs of growth.

Banks push bank against regulators' plan to 'claw-back' pay

Jul 6, 2011
The Federal Deposit Insurance Corporation is expected to finalize a proposal today that would require big back executives to return pay if their bank fails.

Is Chinese inflation an American problem?

Jul 6, 2011
Richard DeKaser, economist with the Parthenon Group, explains China's recent bump in interest rates, and how it could hurt the U.S. economy.

Plastic's popularity means no $10 bills printed in 2010

Jul 6, 2011
The number of dollar bills rolling off the printing presses at the U.S. Treasury Department hit a modern low last year, thanks in large part to the increased use of credit cards. Binyamin Applebaum, reporter for the New York Times, explains.

The team

Stephen Ryan Producer, BBC