Latest Stories

Latest Stories


Rich getting richer; poor not so much

Hilary Wicai | Jan 27, 2006
The gap between rich and poor grew significantly in the past two decades. According to a new study based on US Census income data, the rich are getting richer, and the poor and middles are falling further behind. Hillary Wicai reports.
Posted In: Economy

<em>Marketplace Money</em> Letters for January 27, 2006

| Jan 27, 2006
Time for us to peek into <em>Marketplace Money</em> letters bag. Don't miss the missives.

GM's losses

Alisa Roth | Jan 26, 2006
General Motors said today it lost $4.8 billion in the fourth quarter and $8.6 billion in all of 2005 -- $1 billion more than analysts expected. The losses come at a tough time for GM, already planning major cuts. Alisa Roth reports.

Agent Orange compensation

Helen Palmer | Jan 26, 2006
Today, a South Korean court ordered two US manufacturers of Agent Orange to pay $62 million in medical compensation to Korean veterans of the Vietnam War. Helen Palmer has more.
Posted In: Health

Chipotle IPO

Tess Vigeland | Jan 26, 2006
Shares of fast-food chain Chipotle doubled today after its IPO. But even though Chiptole's debuting on the markets, the company remains under the control of its corporate parent, McDonald's. Tess Vigeland finds out why the Golden Arches is cutting part of Chipotle loose.
Posted In: Wall Street

Hamas victory

Kai Ryssdal | Jan 26, 2006
The Islamic militant group Hamas has won a big victory in the Palestinian elections. Their win may endanger the billion dollars in annual aid that Palestinians receive from the donor nations. Kai speaks to former Middle East negotiator Dennis Ross about the election's implications.

Saudi Arabia's poor choices

| Jan 26, 2006
Saudi Arabia's looking for energy deals with China and India... including drilling for new supplies. But writer and commentator Vijay Vaitheeswaran says Abdullah's dancing with the wrong partners.

China protests

Jocelyn Ford | Jan 26, 2006
Last week, a series of protests in China over land confiscations turned deadly. Jocelyn Ford visited the town where the protests occurred, and reports on why they happened.

Please move

Amy Scott | Jan 26, 2006
In New York City, landlords and developers will to pay big money to convince you to vacate your rent-controlled apartment. It's worth it because it allows them to raise the rent, or build luxury condos. But as Amy Scott reports, the city may be paying a price.

Excise tax

Scott Jagow | Jan 26, 2006
Personal finance expert Chris Farrell and host Scott Jagow discuss the colorful origins of the federal excise tax, and why it might soon be repealed.
Posted In: Economy