World - Most Commented

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Fixing the system

Feb 21, 2005
Social Security is like the weather these days: Everybody's talking about it, but nobody's actually doing anything about it. Investment advisor and regular Marketplace commentator Gabriel Wisdom says it's time for Congress to step up to the plate and do something about the retirement system.

Presidents and the economy - a bad match?

Feb 21, 2005
It's Presidents Day, so let's talk about presidents -- and the economy. Presidential elections are often decided by the nation's economic situation. But it's also an old axiom that presidents don't have much control over the economy. So are presidents just economic bystanders? Historian Richard Shenkman says not always. He says presidents can really screw up the economy -- by making bad decisions.

Beware the inverted curve

Feb 18, 2005
A report today shows wholesale prices going up 3/10 of a percent. This is not good news for a couple of reasons. First, if wholesale prices go up, consumer prices can't be far behind. Second, well...it has to do with interest rates. Investment advisor Gabriel Wisdom says we need to understand what the 'inverted-yield-curve' is.We were reluctant to go into this, but...well, We're gonna have to use language some Marketplace listeners may find offensive.

Toy Fair

Feb 18, 2005
The American International Toy Fair opens in New York this weekend. It's a chance for toymakers to hawk their wares for next winter's holiday buying spree. If you're shopping for the seven to twelve year old set...the toybox looks a little thin on dolls and slinkys. Marketplace's Alisa Roth reports.

Birnbaum: secrecy

Feb 18, 2005
President Bush signed landmark legislation today to curb multi-million dollar class action lawsuits. Next up: proposals to revamp Social Security, restrict medical malpractice lawsuits, and overhaul taxes. Plan to follow who's proposing what and why? Commentator Jeffrey Birnbaum wishes you the best of luck.

Ski condition

Feb 18, 2005
This the biggest ski weekend of the year. Thank all those heavy storms that got the season off to a good start. But a few ski resort operators are bracing themselves for the worst. Sarah Efron reports on predictions of a lot less snow to go around.

In search of the next Ginsu

Feb 18, 2005
Think of it as QVC's version of "American Idol": This week the TV shopping network held open auditions for new products to be offered on-air, coast-to-coast. Reporter Robin Urevich attended one of the audition events earlier this week in Los Angeles.

Latin American boom cycle: Brazil

Feb 18, 2005
Latin America is seeing its best economic growth in 20 years. Brazil's economy grew by 5 percent last year... its best rate in a decade. Marketplace Americas Desk reporter Dan Grech takes us to Sao Paulo to find out what's giving the country's economy its kick.

Class action business

Feb 17, 2005
Before the weekend, a tort reform bill is expected to get President Bush's signature. It's considered a victory for the White House and for business interests. That's because the new law would shift most complex class action lawsuits to federal court and away from state courts, which are considered to be more friendly to plaintiffs. Some are more friendly than others. For instance, take Alabama. From WBHM in Birmingham, Tanya Ott reports.

Scott Sullivan testimony

Feb 17, 2005
It's not easy being a bean counter. Not even if you're a superstar bean counter. That's the point Scott Sullivan's trying to make on the witness stand. Sullivan is former chief financial officer of WorldCom. He's testifying in the trial of his former boss. Bernie Ebbers is accused of orchestrating an $11 billion dollar accounting fraud which led to Worldcom's collapse. Sullivan says there was intense pressure to meet Wall Street's projections. And he says Ebbers told him to make the numbers live up to those expectations. Commentator and writer David Callahan says the testimony raises as many questions as it answers.

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