Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
Airing on Wednesday January 7, 2015: First up on today's show, new data from the European Union shows consumer prices in the eurozone were down in December, which could mean consumers and companies postpone investments. More on that. Plus, President Obama is in Michigan boasting about saving auto worker jobs. But what is the cost of saving factory jobs by accepting lower wages? And from the floor of the 2015 consumer electronics show, we talk to reporter Nova Safo about the future of connected cars.
Airing on Tuesday January 6, 2015: Across Europe, investors are worried about falling oil prices. More on that. Plus, banks are issuing new credit cards with security chips, but how much more secure are they? How do they block hackers? And just before the new year, a court in Kansas ruled that public schools are so under-funded as to violate the state's constitution. Lawsuits like the one in Kansas have become a popular tactic to try to win more money for public schools. Thirteen states are facing active litigation, from Texas to Pennsylvania. But even when those lawsuits are successful, they don't always work
Airing on Monday January 5, 2015: The euro hasn't been this weak in almost a decade. More on that. Plus, construction spending in New York is nearly pre-recession highs. But the development landscape looks very different now, dominated by a series of ultra high-end apartment buildings. Oh, what a difference a few years makes ... But building might not equal selling.
Airing on Friday January 2, 2015: The U.S. and European economies go their separate ways. And a look ahead to education stories to watch in 2015. Plus, the children of the Rev. Martin Luther King Jr. have been criticized for overly protecting his speeches and writings but also commercializing them for profit. One result: you can watch the “I Have a Dream” speech on YouTube, with a Doritos commercial.
Markets were on the rise this year, but plenty of investors are still stinging from the economic crisis and they're unwilling to jump in. Then: Lithuania is the 19th country to adopt the euro today. We look at outlook there and the pros and cons of joining the common currency. Finally, the Internal Revenue Service’s commissioner predicts that the upcoming tax season will be "miserable." Big funding and staffing cuts, new mandates and the last minute extension of several dozen tax breaks are making things complicated.
Airing on Wednesday, December 31, 2014: First up, a Chinese court takes a stand against pollution. And we'll also look ahead to climate policy in 2015. Plus, American Apparel is cutting hours and laying off workers at some of its factories "to conserve funds." We look at what’s behind the move and what the implications are for the company.