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There are about 2,000 roundabouts in the U.S. now. Proponents say that they cut down on traffic time and are good for the environment. But residents in Chicago, where roundabouts have been popping up lately, aren't convinced.
Portugal has agreed to the terms of a bailout deal from the European Union and the International Monetary Fund. The deal promotes a "softer," less austere approach than previous deals with Ireland and Greece.
The world's largest commodities trader predicts it will raise more than $50 billion with the help of big government investors when it goes public later this month.
A report out today from job placement firm Challenger Gray and Christmas says employers will lay off 12 percent less staff in April than in March, and 4.8 percent less than the same perios a year ago.
A new report from Standard & Poor's compares the financial woes of California with Greece's debt problem. Gabriel Petek, senior director of credit market services for S&P, explains.
Marketplace Morning Report for Wednesday, May 4, 2011