Marketplace Midday Update, Thursday, December 17, 2009

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MARKET UPDATE at 12:35 p.m. EST DOW -98.32; NASDAQ -22.10; S&P 500 -9.78 Marketplace Minute With Bill Radke Watch Marketplace Morning Report host Bill Radke cram all the week's business news into a 60-second poem. LATEST NEWS FROM MARKETPLACE Listen to today's Morning Report | Marketplace Malthusians and Schumpeterians They sound like names from Gulliver’s Travels, but no, we’re talking economic philosophy here. We probably need to rent a university auditorium somewhere, set up a couple of lecterns and have a Malthusian and a Schumpeterian slug it out in a debate. Morning Reading A few things that have caught my attention so far, including items on whether Obama is the problem, and five lessons for the next time the banks come begging. LATER TODAY ON MARKETPLACE In Michigan, the 174-year-old Ann Arbor News has become a mostly Web publication, but it still puts out a print edition twice a week. Jennifer Guerra reports on how the experiment is working with readers and advertisers. A lot of people have suffered reversals of fortune this year -- some have lost jobs and homes. Kai Ryssdal visits the Union Station homeless shelter in Pasadena, Calif., to see how people are coping. The Treasury Department is halting plans to sell off its 34% stake in Citigroup. Why? Alisa Roth reports. Tune in to your local broadcast or listen online STORIES FROM MARKETPLACE MORNING REPORT Will ingenuity save us from doom? Some economists believe that humanity is doomed by its ever-dwindling supply of natural resources. Others believe in the power of technological innovations. Bill Radke explores the Malthusian debate with Economics Correspondent Chris Farrell. Jobs still evade financial workers Many former financial employees who found themselves casualties of the recession are still finding they're out of work. Many are ready to take lower-paying jobs to compensate, but Mitchell Hartman reports that may not be necessary. Dems tackle jobs bill before recess A $154 billion job-creating bill passed the House last night with a focus on extending benefits, funding local governments and infrastructure. The bill had no Republican support. Jeremy Hobson reports. MARKETPLACE MONEY PERSONAL FINANCE The perils of buying a foreclosed home How to get a good foreclosure deal What converting to a Roth IRA means Japan's solar energy shines a light The mag I love to hate: SkyMall Our listeners respond to Money How to be smart about philanthropy Getting a laugh out of Madoff More from Marketplace Money Subscribe to the Marketplace Money newsletter SPONSOR Coverage from Marketplace, Marketplace Morning Report and Marketplace Money plus Web extras. SPECIAL REPORTS AND FEATURES We're on Twitter Get an early heads-up of what's coming up on the show and other tidbits from the business day. Follow us   Working Intimate profiles of real people with real families, real struggles, real dreams and real jobs. Meet them   Conversations from the Corner Office Marketplace goes one-on-one with CEOs, company founders, head honchos. Sit in The Next American Dream Marketplace looks at four pillars of the American Dream and how they're changing. Follow the Dream.

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