Marketplace Money for Friday March 6--Sunday March 8, 2009
Posted In: Food
Hot dog sales were up 2 percent in 2008, despite the economic downturn in almost every industry. So what makes the American favorite such a recession-proof meal? Chicago Public Radio's Adriene Hill finds out why from the epicentre of hot dog culture.
The average American has more than $9,000 in credit card debt and often fail to realize that the interest rates change often. Marketplace's Mitchell Hartman reports on how to decipher the fine print and hot to get a handle on debt.
Tess Vigeland and economics editor Chris Farrell give advice to listeners about prioritizing and paying down debt, and where the average person can save on bills.
Posted In: Housing, Investing
Obama's mortgage rescue plan calls for relief for Freddie Mae and Freddie Mac customers. It also calls for changes to loan companies, which should offer everyone some relief. Tess Vigeland asks Nic Retisnas of Harvard's Center for Housing Studies to break down the details and beneficiaries of Obama's housing plan.
Posted In: Jobs
The federal unemployment rate shot up to a 25-year high of 8.1 percent this year. With millions of people out of work, unemployment offices have been overwhelmed with people seeking benefits. Jeff Tyler reports on how the safety net is being stretched to its limit.
Hoping that the housing market was going to be the last bubble to burst? Economics editor Chris Farrell warns that the Treasury Market is next and offers advice on how to weather the storm.
Posted In: Investing, Retirement, Savings
The financial crisis is causing investors to rethink everything they know about investing. Tess Vigeland talks to Jason Zweig, the author of "Your Money & Your Brain," and Richard Peterson, author of Inside the "Investor's Brain," about what we're learning from the fallout.