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Marketplace Morning Report
Monday - Friday 5:50am and 7:50am
Steve Chiotakis and Jeremy Hobson
Marketplace Morning Report is the morning sister program from Marketplace. It's the morning business news "for the rest of us" in the time it takes you to drink your first cup of coffee.
Thursday, December 19, 2013 4:46amMany shoppers are about to take a moment to recall if they've been to a Target store in the last few weeks. The U.S. Secret Service says it's investigating credit card and debt card thefts starting the day after Thanksgiving and possibly continuing through last weekend. Target isn't commenting yet. And, this week, Marketplace has been reporting on the good, bad, and the ugly of exporting U.S. coal from the Pacific Northwest to China. The world's second biggest economy burns more coal than the rest of the world combined. That's generated record levels of air pollution, but, as Marketplace learned when we visited a mining town, it's polluted China's waterways, as well. We take you to the heart of China's coal country.
Wednesday, December 18, 2013 6:41amFedEx releases its profits this morning. FedEx and other shipping companies are hoping for a bounce this holiday season. Among the factors playing in their favor is the calendar -- just 26 days -- because Thanksgiving is so close to Christmas, this year. FedEx hopes people might have to rely on speedier and pricier shipping options. And, as we look at the future of coal this week, one group that's not much of a fan of the coal industry right now are Native Americans in the Pacific Northwest. Fifty-seven tribes in the region have come together to oppose plans to build coal export terminals in Oregon and Washington State. Marketplace Morning Report looks at one tribe's fight in Washington against what could become the largest coal export terminal in North America.
Tuesday, December 17, 2013 4:50amThe bipartisan budget deal that will avoid a government shutdown gets a key vote in the Senate this morning. And it could pass the Senate as soon as Wednesday, giving Congress some "breathing room" to tackle big issues, like entitlement reform and tax reform -- at least, that's how the thinking goes. Today, the German Parliament confirmed arguably the most powerful leader in Europe for a new term. Chancellor Angela Merkel has also opted to keep her stern finance minister, Wolfgang Schäuble, in place, with global implications. And, this week Marketplace is looking at the future of coal, the fuel that built industrial America. When you think of coal, what comes to mind? Appalachia? Soot? Climate change? If you ask tribal members on the Crow Reservation that question, they might say life.
Monday, December 16, 2013 4:49amJapanese Prime Minister Shinzo Abe came to power a year ago. His party's policy of "Abenomics" involves lots of stimulus spending, easy money from the central banks and then structural reforms. The Italian Prime Minister has called it his country's "true nightmare." The German Chancellor says it threatens the future of Europe. They are talking about staggeringly high numbers of young people who can't find work. It's a much bigger problem in Europe than in the U.S., where it's also a problem. All this week, Marketplace is putting the spotlight on what we're calling Generation Jobless. And, thought you'd stop by the post office today with your packages? Six million of your friends and neighbors will be doing the same thing on this busiest mailing day of the year.
Friday, December 13, 2013 4:57amFirst General Motors, now all of Ireland. This week, the U.S. government sold its remaining stake in the automotive company -- a stake acquired to help GM stay in business during the great financial collapse. This weekend, Ireland will finish with its European Union bailout. Today, the Senate Finance Committee is expected to vote on a new leader of the IRS. John Koskinen faces a tough road ahead, helping the agency recover from scandal and carrying out the IRS piece of the new health care law. And, retailers gnash their teeth and call it "showrooming." You may call it "comparison shopping" -- the tendency to check out the merchandise IRL but then buy online if the price is right. But the non-digital stores, the ones that exist in three dimensions, are responding with tactics of their own.