Marketplace AM for December 18, 2006

Episode Description 

Sloan Sessions: Define recession

Host Scott Jagow asked Newsweek Wall Street editor Allan Sloan to predict whether we're headed for recession in '07, but it turns out that all depends whose definition you're using.
Posted In: Wall Street

Immigrants flock to Spain

Many Spanish-speaking Latin Americans looking for a better life are choosing skip the U.S. — and emigrate to Spain instead. Jerome Socolovsky has the story from Madrid.
Posted In: Canada, Immigration

Shopping spree on Wall Street

Everyone's in a buying mood this holiday season. Private equity firms have been on a record buying spree this year and they showed no sign of slowing over the weekend.
Posted In: Wall Street

FedEx gets help from the top

Shoppers are rushing to get those last-minute gifts delivered and thanks to the Internet, a record number of packages will be shipped this week. At FedEx, everyone's pitching in to meet demand. Tanya Ott explains.
Posted In: Jobs, Retail

Cigarette prices going up

Philip Morris is raising the price of its cigarettes by 10 cents a pack starting today. Steve Tripoli tells us how this one got passed on to consumers.
Posted In: Retail

Hints of rethinking the Cuba embargo

Congress is showing signs of a willingness to take a fresh look at the 44-year U.S. trade embargo with Cuba. And with Fidel's health failing, Cuban American exiles are open to policy change too, Dan Grech reports.

Driving down the price of drugs

Private companies aren't the only ones putting pressure on drugmakers to lower prescription prices. This morning the Bush administration will offer its own proposal. Dan Grech reports.
Posted In: Health, Washington

A week before Christmas, a miser was born

Stacey Vanek-Smith takes us back to this week in 1843 to find out how Scrooge got his start — and became an instant publishing phenomenon.
Posted In: Entertainment

U.S. company gets China nuclear deal

Westinghouse was awarded the right to build four nuclear reactors in China. It's an interesting decision on the heels of the American trade delegation's visit — and a huge blow to France and Russia.
Posted In: Canada

Iran, Venezuela attack the dollar

The Iranian and Venezuelan governments have cut their dollar holdings, but don't expect other central banks to follow suit. Stephen Beard explains.
Posted In: Canada

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