Marketplace Morning Report

with David Brancaccio

Marketplace Morning Report for Wednesday, October 23, 2013

October 23, 2013

The debt ceiling debate is back. But don't worry, this time it's in Australia. The newly elected conservative government there needs to raise its limit on new borrowing, and there are echoes of the debate that brought the U.S. to the brink of default last week. JPMorgan Chase, the biggest of banks, is reportedly close to paying $6 billion to settle claims by big institutional investors that they were sold bad mortgage-backed securities. That's not to be confused with the other settlements JPM is confronting, including the possible $13 billion one with the federal government. And, tonight is game one of the World Series. In an era of TV that's easy to time-shift, people watching live is a big deal for advertisers.

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About the Show

News happens while you sleep. Marketplace Morning Report gives you a head start on the day. Throughout the morning, host David Brancaccio shares the latest on markets, money, jobs and innovation, providing the context you need to make the smartest decisions. And from London, host Anu Anand presents Marketplace Morning Report from BBC World Service to bring you up to speed as the global economy shifts. It's the world perspective you need, from two trusted sources.