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ChoicePoint's bad choice?

Feb 21, 2005
You may remember hearing last week about a significant cyber-security breach at a company called ChoicePoint. ChoicePoint is a clearinghouse of 19 billion public records on people across the country... including credit ratings, drivers license and social security numbers. At first the problem appeared limited to consumers here in California -- then we found out no, Californians only knew about it first because of a state law requiring they be notified. Today the company said the security breach - which happened in October - affected residents in all 50 states, the District of Columbia and three U.S. territories. Marketplace's Lisa Napoli reports.

Cybersecurity far, far away ...

Feb 21, 2005
It's unsettling enough to know that your personal information can be stolen from a company here in the U.S. But more and more companies are processing that same data at I-T centers in other countries. Call it information-outsourcing... it's especially big-business in countries like India. And the security concerns grow once all that stuff leaves U.S. shores. Miranda Kennedy reports on the tough job of making sure information doesn't get highjacked on the road from Boston to Bangalore.

Radio Shack ... is back?

Feb 21, 2005
Consumer electronics chains in particular could use some extra business from the current Presidents' Day sales. Last week Circuit City announced it's closing 19 superstores. And old school retailer RadioShack cut its profit forecast. But like its former spokewoman and newly desperate housewife Teri Hatcher... RadioShack is working on a comeback. Marketplace's Cheryl Glaser reports.

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.

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