Marketplace Morning Report for Monday, July 01, 2008

Episode Description 
Marketplace Morning Report for Monday, July 01, 2008

It's not all speculation on oil

Oil prices have doubled in the last year because demand is growing and supplies are tight, according to the International Energy Agency. But a report out says there's little evidence that speculation is to blame. Amy Scott has more.
Posted In: Oil

ECB considers rate raise

Treasury Secretary Henry Paulson is in Europe this week, where the European Central Bank will decide whether to raise rates on Thursday. Scott Jagow talks to Stephen Beard about how raised rates might affect the Fed.
Posted In: Economy

Niche markets for bigger sales

Some retailers looking for an edge are starting to focus special products for niche markets. Nancy Marshall Genzer has more on exclusive lines, signature celebrity products and products geared towards yogis.
Posted In: Retail

Scooters pick up speed in the city

Many inner-city commuters are moving to scooters as a cost-effective alternative to big gas guzzlers. Andrea Mustain reports from New York City, where sales of scooters are up dramatically over the past year.
Posted In: Travel

Cell phone ear pieces a must for drivers

Cell phone while driving bans go into effect today in California and Washington state, and companies that manufacture cell phone ear pieces are thriving. Stacey Vanek-Smith tells us about her initial resistance to the technology.
Posted In: Travel

Oil makes U.S. military shift priorities

The U.S. military is a big customer for oil companies, and the price hike per barrel means a much higher bill this year. Jeremy Hobson reports how fuel could factor in and change the budget.
Posted In: Oil