Marketplace AM for May 25, 2006

Episode Description 

Beyond forecasting

We always hear about analyst predictions before the release of economic data. But who are these analysts and why do their predictions matter? Amy Scott reports.
Posted In: Economy

New GDP figures

The revised GDP figures this morning should help dial down the anxiety on Wall Street. The new number: 5.3%. Now the question is, can the economy keep up this pace? Marketplace business editor Cheryl Glaser reports.
Posted In: Economy

Immigration showdown

The Senate will likely pass its version of the immigration bill today.And that sets up a battle with the House. The two versions are so different, this could be a long, ugly fight. Hillary Wicai has a preview.
Posted In: Washington

Fox and Schwarzenegger talk trade

California Gov. Arnold Schwarzenegger hosts Mexico's Vicente Fox today in Sacramento and trade between the two neighbors will top the agenda. Dan Grech reports.
Posted In: Canada

Delphi drama

Delphi wants a bankruptcy judge to void its contracts with the United Auto Workers. The UAW is threatening to strike if that happens and GM wants more time to get this resolved before the dominoes would start falling. Alisa Roth reports.

China Mobile widens cell net

China's biggest cell phone company has reportedly acquired a European telecomm giant that controls cell spectrum in much of developing world. Janet Babin reports.
Posted In: Canada

Cell phones fueling teen angst?

A new medical study shows kids in Asia who use their cell phones excessively are anxious and depressed. But as Lisa Napoli reports, cell use, and perhaps the blues, are going no where but up.

More Americans going solo

A census report out today shows more than a quarter of the nation lives alone. Jane Lindholm looks at the economic implications.

California wine delivers knockout Cabernet

In the wine industry, the heavyweight bout is California vs. France. Yesterday in London, the two squared off in a tasting rematch that put Napa Valley on the map. And guess what? It's still there. Stephen Beard reports.

Hollywood challenges 'network DVR'

Cablevision is about to launch a new service where the cable company records shows for you — kind of like TiVo without the box. But Hollywood studios and TV networks filed a lawsuit yesterday to stop it. Scott Tong reports.
Posted In: Science

Drowning in debt

Personal finance expert Chris Farrell and host Scott Jagow discuss a new report suggesting debt is a growing problem for the middle class. The Center for American Progress says debt now makes up 108% of incomes.

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