Marketplace Money for July 3, 2004

Episode Description 
Marketplace Money for July 3, 2004

Driving rates down

Gas is just really expensive. But car owners are getting a break on something these days. Insurance is getting cheaper. Here to explain why is Robert Hartwig, the chief economist for the Insurance Information Institute.

Personal finance for graduates

About a million and a half college seniors got their diplomas this spring. Next comes the real world and a long, long list of things to do. Find a job...for one. Get a place to live...for another. But what about a trip back to the classroom? Several studies give college graduates an F when it comes to understanding personal finance. If it's just too early to think about course registration, we're happy to offer this crash course. Nancy Farghalli has it.

"Straight Story": Housing Bubble

It's time once again for our economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the Straight Story. Will an exploding housing bubble implode the economy? Chris is on the lookout.
Posted In: Housing, Investing

From the Money Matters Desk: A working report on negotiating salaries

You interviewed for a job and are waiting to hear from the hiring manager. The call comes…and you’re hired. Next: the dreaded salary discussion. Here to tell us how to come away with a starting wage that makes you reasonably happy is Sheila Heen, the co-author of the book Difficult Conversations: How to Discuss What Matters Most.
Posted In: Jobs

"Buzzword": Regulation FD

Life is hard enough without having to decipher everything. Each week, Sound Money will bring you a word or a phrase that has bubbled to the top of the news. For instance: Regulation FD. You hear it, you see it, but do you really know it?
Posted In: Investing

Mailbag for July 3, 2004

Chris Farrell answers more of your burning money questions. This week, he gives advice on conquering debt, using a tax credit for education, and picking the best portfolio allocation.
Posted In: Savings

A step forward... a step back... assessing the economy

The Federal Reserve Board raised interest rates. Gas prices are on the decline. And what about the unemployment rate? Kai takes the pulse of the economy. He interviews Chris Low, an economist with First Tennessee Bank.
Posted In: Economy, Jobs

This mortgage wants you

Fed Chairman Alan Greenspan did exactly what we all expected last week. He and his colleagues on the Federal Open Market Committee raised short-term rates by a quarter of a percentage point. Most analysts say home loans will be getting more expensive, so what mortgage is right for you? Jeff Tyler has the story.
Posted In: Economy, Investing

"Day in the Work Life": Pyrotechnic operator

Last year, Americans purchased 220 million pounds of fireworks. In California, the average Joe can't get much bang for his buck -- most fireworks are illegal. But with the fourth of July weekend upon us, we'll have many opportunities to bask in the red glare of rockets set off by professionals. On this edition of "A Day In the Work Life" -- our look at how folks trade their time for money -- we hang out with a Golden State pyrotechnic operator.
Posted In: Jobs