Latest Stories

Latest Stories


Zimbabwe's shelves are bare

Gretchen Wilson | Oct 24, 2007
It's almost impossible to find staples like bread or rice in Zimbabwe. With inflation officially at 6,000%, supermarkets have stopped stocking shelves. And that's forcing people to travel hundreds of miles and across the border to buy groceries. Gretchen Wilson reports.
Posted In: Retail

Web 2.0 has Internet money flowing again

Kai Ryssdal | Oct 24, 2007
Microsoft has announced it's going to buy 1.5% of the social networking site Facebook for $240 million -- beating out Google for the prize. Kai Ryssdal did some networking with venture capitalist Todd Dagres, asking him to size up the deal.
Posted In: Science

Cost of war estimated at over $2 trillion

Steve Henn | Oct 24, 2007
The Congressional Budget Office estimates the tab for the wars in Iraq and Afghanistan could run as high as $2.4 trillion. And an analyst says that might be conservative. Steve Henn reports.

Wildfire's phoenix: Jobs, construction

Bob Moon | Oct 24, 2007
The latest official estimate on losses to the Southern California wildfires stands at $1 billion. And that's just in property damage. Still, the odd result in the long run may be an economic shot-in-the-arm. Bob Moon reports.
Posted In: Housing

Merrill Lynch's subprime losses pile up

Amy Scott | Oct 24, 2007
Merrill Lynch wrote down almost $8 billion dollars in loans and other credit-related investments today -- its first quarterly loss in almost six years and almost $3 billion more than it predicted a couple of weeks ago. Amy Scott reports.
Posted In: Investing, Wall Street

Farm policy just doesn't add up

| Oct 24, 2007
North Dakota has one U.S. senator for every 318,000 residents. California has one for every 18 million people. Commentator Jonathan Chait says that disparity is just one reason why farm policy doesn't really change.

A Disagreement About Entitlements

Chris Farrell | Oct 24, 2007
I love it when something I say sparks a reaction among listeners. Last week, Marketplace Morning Report host Scott Jagow and I talked about the...

A bad quarter for Merrill Lynch

Jeremy Hobson | Oct 24, 2007
Merrill Lynch turned in its first quarterly loss in six years, and the write-downs are a few billion dollars larger than expected. Jeremy Hobson reports big bets on mortgage-related securities are partially to blame.
Posted In: Wall Street

Pasta producers noodling with prices?

| Oct 24, 2007
The price of pasta has been at a record high, thanks to the soaring cost of wheat. But Megan Williams reports there may be some internal colluding amongst pasta producers at the root of the rise.

Working through a rough economy

Dan Grech | Oct 24, 2007
While the U.S. economy struggles to maintain its composure after the mortgage crisis, some companies find they can use it to their benefit. Dan Grech looks at a fast-growing company on the other side of the debacle.
Posted In: Jobs