“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.
1-9-14 Morning Report - Changing the way we price milk
Congress is facing a number of deadlines in the coming weeks, and one of them involves passing a new, half trillion dollar farm bill. For months, the fight has been over cuts to the food stamp program funded through the bill, but there are also changes being considered on how the government helps prop up the price of milk. You may have met them since the Great Recession -- college grads working retail cash registers or as baristas. More than a third of recent graduates are considered "under-employed," meaning their jobs don't require degrees. But new research from the Federal Reserve Bank of New York suggests this is not a new phenomenon. And if you think times are tough now, let us walk you through 400 years of financial crisis history.…read more