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Marketplace Morning Report for Wednesday, June 26, 2013
Jun 26, 2013

Marketplace Morning Report for Wednesday, June 26, 2013

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President Obama is on his way to Africa for a week-long trip that will take him to Senegal, South Africa and Tanzania. The visit is, in part, aimed at increasing U.S. trade and investment on the continent. China's markets are down as the country's central bank cracks down on 'shadow banking' by tightening credit. And 401(k), 403(b) -- which retirement plan is the best for you?

Segments From this episode

U.S. business gets a ticket to Obama's Africa trip

Jun 26, 2013
President Obama's week-long trip to Africa will take him to Senegal, South Africa and Tanzania. Obama's visit is aimed, in part, at increasing U.S. trade and investment in Africa.
President Obama's week-long trip to Africa will take him to Senegal, South Africa and Tanzania. Obama's visit is aimed, in part, at increasing U.S. trade and investment in Africa.
Sean Gallup/Getty Images

Will China bring its 'shadow banks' out of the shadows?

Jun 26, 2013
Chinese markets have been on a roller coaster ride ever since the government froze lending between banks last week to combat so-called 'shadow banking'. Where does the world's second biggest economy go from here?

How to manage retirement plans as they pile up

Jun 26, 2013
In 21st century America, jobs for life are rare. For those lucky enough to have jobs with retirement plans, with the many jobs comes many retirement plans, which all send quarterly statements that need tracking.
iStockPhoto

Broadway discount booth TKTS turns 40

Jun 26, 2013
Broadway ticket discounter TKTS turns 40 today. A look at the business of one of the original discounters.
TKTS holds a central place in Times Square
Stacey Vanek Smith

Will a Softbank-Sprint deal lower mobile phone prices?

Jun 26, 2013
Shareholders of Sprint Nextel approved an offer from Softbank to acquire a bulk of the U.S. phone company. Now it's up to Washington regulators to approve the foreign purchase.

First quarter GDP growth revised down to 1.8%

Jun 26, 2013
Remember during the dark days of winter when you were feeling lethargic. Same with the economy, turns out.

DOMA's death changes economic life today

Jun 26, 2013
The Supreme Court's ruling striking down DOMA will change federal tax and social security benefits for legally married gay and lesbian couples around the country.
Hundreds of people gathered outside the U.S. Supreme Court building in Washington, DC on June 26, 2013 in anticipation of the rulings on the Defense of Marriage Act (DOMA) and California's Proposition 8.
MLADEN ANTONOV/AFP/Getty Images

PODCAST: My finger is on the button

Jun 26, 2013
Would a Softbank-Sprint deal lower mobile phone costs in the U.S.? The 'start' button is back. And happy 40th to Broadway discounter TKTS.

FTC tells search engines to clearly label advertisements

Jun 26, 2013
In a letter today to Google, Bing and other search engines, the Federal Trade Commission warned of a need to "clearly and prominently" distinguish ads from natural search results.

Breakfast: The most important meal for food companies

Jun 26, 2013
General Mills posts strong profits, but the battle for breakfast is heating up.
General Mills posts strong profits, but the battle for breakfast is heating up.
John Moore/Getty Images

President Obama is on his way to Africa for a week-long trip that will take him to Senegal, South Africa and Tanzania. The visit is, in part, aimed at increasing U.S. trade and investment on the continent. China’s markets are down as the country’s central bank cracks down on ‘shadow banking’ by tightening credit. And 401(k), 403(b) — which retirement plan is the best for you?

The team

Stephen Ryan Producer, BBC