03/26/07
Marketplace AM for March 26, 2007
Episode Description:
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Home for sale by YouTube
Realtors and sellers have discovered online video sites as a powerful new tool in a housing market that's increasingly friendly to buyers — and it's a trend that's saving everyone time.
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Private equity backlash
Are they just out to make a quick buck? A growing political backlash is taking form in Europe as deep-pocketed hedge funds and private equity groups continue to buy up companies and sell off their parts.
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Who controls the price of things?
The Supreme Court hears a case today that could change the rules of retail. It'll decide whether manufacturers or stores have the right to set the minimum price of products we buy.
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Oil's not getting cheaper anytime soon
The price of oil has shot up over $63 a barrel, the highest this year. And given the current political landscape and reduction in global inventories, we can probably expect prices above $60 for the foreseeable future.
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Chavez: 'China is the market of the future'
Venezuelan President Hugo Chavez is going out of his way to cut the U.S. out of the picture as he nationalizes his country's oil industry — all the way to China.
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Senate considers union bill
The Employee Free Choice Act is designed to make it easier for workers to form unions. It's already passed the House but faces the threat of a filibuster in the Senate.
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Sloan Sessions: Blackstone IPO
Newsweek's Allan Sloan says the private equity superstars at The Blackstone Group only stand to win when the company goes public, but the outcome isn't so clear for investors who want to buy in.
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