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Halloween stores scare up a lot of cash

Oct 26, 2007
Fly-by-night costume shops land in empty storefronts about this time every year. They hawk their hats and their brooms. And by the time November rolls around they've disappeared. Caitlan Carroll reports the amount of cash they take with them is almost frightening.
Posted In: Retail

Supermarkets shop for upscale niche

Oct 26, 2007
Have you noticed that all the big grocery chains seem to be going upscale? Which is why the Dutch conglomerate that owns the Giant Food chain here in the states is renovting 100 of its stores. Steve Henn reports the facelifts are long overdue.
Posted In: Retail

Big banks' subprime fund not so super?

Oct 26, 2007
Former Treasury Secy. John Snow says he doubts that a so-called superfund set up by big banks to cushion the mortgage meltdown is going to work. Kai Ryssdal talked with Reuters columnist James Saft to find out why not.
Posted In: Housing, Wall Street

Countrywide shares jump on CEO's news

Oct 26, 2007
Despite Countrywide's $1.2 billion loss in the 3rd quarter, its CEO says the black ink is about to start flowing again. That word sent its shares soaring. Steve Tripoli reports on whether people bidding up those shares are drinking more than their share of the Kool-Aid.
Posted In: Housing, Wall Street

Goldman Sachs is promotion-happy

Oct 26, 2007
While most investment banks are struggling, Goldman Sachs is doing well enough to promote 299 employees to managing director. Amy Scott deciphers the true meaning behind the title.
Posted In: Wall Street

Oil back above $90 a barrel

Oct 26, 2007
Although it was below $87 a barrel this week, oil shot up to a record $92 a barrel this morning in Europe. Stephen Beard explores what's behind this latest spike.
Posted In: Economy

Dems' subprime report is debatable

Oct 25, 2007
Congressional Democrats have issued an economic report on the mortgage meltdown and called for the Bush administration to prevent 2 million foreclosures in the next two years. But not all economists agree with the fine print. Jill Barshay reports.
Posted In: Housing

Finding the sweet spot in giving

Oct 25, 2007
Reynold Levy, president of Lincoln Center for the Performing Arts, has shown mastery at tapping the resources of New York City to fund his nonprofit institution. He talks with host Kai Ryssdal in our Conversations From the Corner Office.
Posted In: New York

Congress tallies up subprime losses

Oct 25, 2007
Congress is projecting losses of over $100 billion in housing wealth from the subprime mortgage crisis, and not all of that comes from foreclosures. Jeremy Hobson reports a good chunk of loss comes from falling property values.
Posted In: Housing

Morning Commute: Shortest one ever

Oct 25, 2007
Right after Lisa Napoli was hired as a reporter for Marketplace, she went searching for apartments close by. The first one she saw -- and ended up keeping -- was across the street.
Posted In: Jobs, Travel

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