Marketplace AM for April 26, 2006

Episode Description 

Bank of Wal-Mart

It's now up to the FDIC to decide whether Wal-Mart can go into the banking business. Commentator Robert Reich asks, what's wrong with a Bank of Wal-Mart anyway?

Paying for college

May 1 is the deadline to accept most college offers and with that yes comes a big financial bill. As Nancy Farghalli reports, the competition to help families pay is heating up.

Bush takes on high gas prices

President Bush proposes to bring down the growing cost of gasoline by diverting oil tapped for reserves and streamlining the approval process for new refineries. Sarah Gardner looks at whether these steps will offer relief at the pump this summer.

SBA shake-up

The oft-criticized head of the Small Business Administration Hector Baretto has stepped down. Rachel Dornhelm looks at the challenges his likely successor, Steven Preston, will face.

Tax Freedom Day

For the average American taxpayer, wages earned between the start of the year and today will all go toward paying off his tax bill. This year's Tax Freedom Day falls three days later than last year's. Are we paying more taxes? Hillary Wicai has the answer.

Foreign clout

Lawmakers are set to begin discussing ways to tighten scrutiny of business deals involving foreign companies in the wake of the Dubai Ports World imbroglio. But as Steve Tripoli reports, some businesses are saying not so fast.

WTC progress?

After weeks of balking, developer Larry Silverstein has agreed to plans to rebuild the World Trade Center site. Now it's up to the site's owners to jump on board. Alex Cohen reports.
Posted In: New York

Digital divide is narrowing

The Economist and IBM said in their e-readiness report released today that for the first time ever, some parts of China and India are on par with developed nations. From New Delhi, Miranda Kennedy reports.

EU cracks down on counterfeiters

The European Union is releasing a draft law today that would impose stiff fines and prison terms for those hawking things like fake Louis Vuitton bags. From Berlin, Kyle James reports.
Posted In: Canada

Microsoft gets in the game

Microsoft has bought an advertising agency that has a modern day twist. Think ad placement in your video games. Scott Tong explains.

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