Marketplace AM for August 22, 2005
How much does the famous McDonald's hamburger cost in countries around the world? The Big Mac Index shows Latin America is a cheaper place to live than the US. But Claudio Loser with the Inter American Dialogue looked at it another way: how long does it take to earn enough to buy a Big Mac?
It's back to the school today at many universities, where young men and women will be filling classrooms. Except maybe in the computer science department — where there just aren't that many women. Sam Eaton reports.
Yale University's chief investment advisor David Swensen has made the school $8 billion in twenty-plus years, with an average annual return of 16 percent. Lisa Napoli asks him: What's your secret?