Marketplace Morning Report for Wednesday, October 16, 2013
Oct 16, 2013

Marketplace Morning Report for Wednesday, October 16, 2013

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The ratings agency Fitch warned overnight Wednesday it may strip the United States of its AAA sovereign credit rating. Negotiations about the federal budget, the health care reform law, and raising the limit on federal borrowing are back in the Senate after the House's plan collapsed on TuesdayDespite that view in the markets, many are characterizing what could soon happen as "default." And, instead of default, can we talk about pretty leaves for a second? Tis the season of changing colors in a lot of states. But some recent studies have raised an important question: Will climate change spoil the season?

Segments From this episode

Global economy cheers Senate deal on debt

Oct 16, 2013
The deadline to raise the debt ceiling is less than 24 hours away, but the U.S. won't actually default until the end of the month.

Amid climate change worries, a good year for fall foliage

Oct 16, 2013
Some recent studies suggest that changing climates could produce dull colors in future years. How much might that hurt the economies of states like Vermont, North Carolina, and Wisconsin?

In a tough year for toys, Mattel has played a good game

Oct 16, 2013
Toy analysts say Mattel's core brands and its progress in high-tech toys have helped it do better than some other toymakers.

What does all of this talk about default really mean?

Oct 16, 2013
Make no mistake, if the U.S. government defaults on its debt obligations, it will be a catastrophe. But the media has been misusing the term.
Reporters stand outside the Speaker of the House's office on Capitol Hill in Washington, DC, October 15, 2013, waiting for comments from the Republican leadership.
JIM WATSON/AFP/Getty Images

New rules restrict telemarketing calls to your mobile

Oct 16, 2013
But there are loopholes to the rule...

PODCAST: The world watches Washington

Oct 16, 2013
The deadline to raise the debt ceiling is less than 24 hours away. Toy analysts say Mattel's core brands and its progress in high-tech toys have helped it do better than some other toymakers. And, in Camden, New Jersey, one non-profit is using real-time hospital data to help locate people eligible for Obamacare.

Ireland to close Apple tax loophole

Oct 16, 2013
Apple used the rule to shelter $40 billion in profits.

The ratings agency Fitch warned overnight Wednesday it may strip the United States of its AAA sovereign credit rating. Negotiations about the federal budget, the health care reform law, and raising the limit on federal borrowing are back in the Senate after the House’s plan collapsed on TuesdayDespite that view in the markets, many are characterizing what could soon happen as “default.” And, instead of default, can we talk about pretty leaves for a second? Tis the season of changing colors in a lot of states. But some recent studies have raised an important question: Will climate change spoil the season?

The team

Stephen Ryan Producer, BBC