Marketplace AM for May 22, 2006

Episode Description 

Sloan Sessions: Higher interest rates

Newsweek Wall Street editor Allan Sloan discusses the likely economic impact of higher interest rates with host Scott Jagow.
Posted In: Economy, Wall Street

Nagin's task: Reinvent city's economy

New Orleans Mayor Ray Nagin has little time to savor his reelection victory before turning to the task of reinventing the city's battered economy. Sam Eaton reports.

Wal-Mart leaving South Korea

The world's largest retailer has been expanding by leaps and bounds overseas, but today Wal-Mart announced it's leaving South Korea. Jocelyn Ford has more on what went wrong.
Posted In: Canada

Safavian trial begins

Former White House staffer and Jack Abramoff confidant David Safavian is set to go on trial today on charges of lying about his ties to Abramoff and obstructing federal investigators. Eric Niiler reports.
Posted In: Washington

MasterCard IPO

The charge card is expected to go public this week in an effort to raise cash to pay legal bills and give industry leader Visa a run for its money. Alisa Roth reports.
Posted In: Wall Street

World Health Assembly

Health officials from across the globe gather in Geneva today for a week-long meeting to decide how the World Health Organization should spend its biannual $3 billion budget. Helen Palmer reports.
Posted In: Health

Happen to catch that Webisode?

It's a phrase we're likely to hear a lot more of. As viewers embrace downloadable programming, advertisers are working to make sure they aren't left behind. Janet Babin reports.

Move over Blackberry?

The Motorola Q phone could be released this week, and it's likely to have the makers of the Blackberry a little nervous. Lisa Napoli reports.
Posted In: Science

Inmate increase takes toll

A study released by the Department of Justice yesterday indicates the nation's prison population increased by more than 56,000 in the 12 months ending June 30, 2005. Alex Cohen takes a look at how the increase has affected state and local budgets.

Bribery scandal unfolds

The FBI says Louisiana Congressman William Jefferson was caught on tape taking a wad of money from an informant. And most of it was later found in his freezer. Scott Tong reports from Washington.
Posted In: Washington

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