“Marketplace Morning Report,” hosted by David Brancaccio, is the business news you need to know to start your day. “Marketplace Morning Report” gets you up to speed on what you missed when you were sleeping, kicking off each weekday with a global business update from the BBC World Service in London.
Worries about the economies of Europe, Japan, and China helped shove the Dow Jones Industrial Average down 272 points, yesterday, 1.6 percent. The S&P 500 fell 1.5 percent. But a counter-vailing push could come later today as companies start to release their quarterly profits and losses. Monsanto's results come during the trading day. Alcoa's after the market closes. Stock prices have been held up in part by the trend of using profits to buy back company shares. But are companies taking this too far? And forty years ago tonight, October 8th, 1974, President Gerald Ford went before congress and declared a kind of war: the Whip Inflation Now speech. We take a stroll down inflation memory lane. Plus, Fortune Magazine's senior editor at large Alan Sloan, has been reflecting on this autumn's big Moment (capital M) for bond investors. He joins us to discuss.…read more