Aug 21, 2008

Marketplace Morning Report for Thursday, August 21, 2008

Segments From this episode

The issue is wages, not inflation

by Chris Farrell

Aug 21, 2008

This week, wholesale inflation is jumping at the fastest pace in 27 years. But economics editor Chris Farrell says the focus shouldn't be on inflation, but on the decline in wages. He speaks with Bob Moon.

LISTEN

EMBED

Where campaign funds can't be tapped

by Steve Henn

Aug 21, 2008

Politicians have been using campaign accounts as personal legal defense funds for years. But Steve Henn reports in Senator David Vitter's prostitution case, the Federal Election Commission is starting to draw a line.

LISTEN

EMBED

What's a sea turtle worth to you?

by Janet Babin

Aug 21, 2008

An environmental group wanted to see whether scuba divers would be willing to pay to help protect populations of ocean wildlife. A majority of divers surveyed said they would. Janet Babin reports.

LISTEN

EMBED

More airlines going down this year

by Stephen Beard

Aug 21, 2008

Twenty-six airlines globally went out of business or into bankruptcy protection in the first half of this year. And the International Air Transport Association anticipates more airlines going down. Stephen Beard reports.

LISTEN

EMBED

Love the clothes, but hate the price

by Nancy Marshall-Genzer

Aug 21, 2008

Luxury stores like Saks Fifth Avenue are losing sales as shoppers cut back. Nancy Marshall Genzer reports that hipsters are still attached to their brands, but Ross and TJ Maxx offer significant discounts.

LISTEN

EMBED

A world of opportunity for South Africa

by Gretchen Wilson

Aug 21, 2008

South Africa is busy building up its infrastructure in preparation for the 2010 World Cup. The tournament will pump about $3 billion into the economy and create about 200,000 jobs. Gretchen Wilson has more.

LISTEN

EMBED

A more activist approach from the Fed

by Dan Grech

Aug 21, 2008

The Federal Reserve's annual symposium is getting underway today in Jackson Hole, Wyoming, and the landscape looks a lot different from last year. Dan Grech explores the Fed's role as a lender of last resort to banks.