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Marketplace for August 24, 2011

Episode Description 
Marketplace for August 24, 2011

Steve Jobs announces resignation from Apple

Steve Jobs has announced his resignation as CEO of Apple. What's behind the move, and what will be his legacy?

Steve Jobs steps down as CEO of Apple

Jobs will take over as Chairman while Tim Cook steps into chief executive role

High price of oil spurs demand for petroleum engineers

Students flock to college programs in the field with six-figure starting salaries as incentive
Posted In: Oil

Sprint gets a bite at the Apple

A report in the <em>Wall Street Journal</em> says the carrier will get the iPhone in October

Unfreezing Libyan assets

Billions of dollars of Libyan assets have been frozen around the world. And it could take a long time before the Libyan people get all of their money back.

Low interest rates hurt some, help others

The Federal Reserve's low interest rate policy has cut savings income for many Americans. Is it generating the intended economic benefits?
Posted In: Economy

Reich: The Fed can't do it all

On Friday, you'll be hearing a lot about Jackson Hole, Wyo. That's the site of the annual Federal Reserve retreat. So, what's on tap for this year?

Companies spending less on the future

At first glance, the latest report on spending on durable goods looks encouraging, but a decline in one category -- companies investing in equipment -- suggests a lack of confidence in future growth
Posted In: Economy

Letters: The economy now, and what we should do

Going over listeners' responses to past broadcasts. This week: going over our series The Breakdown and your ideas on how to get the economy moving.

China's auto boom

With nearly 17 million cars sold in China last year, the country has overtaken the U.S. as the world's biggest car-buying market. How will this change China?
Posted In: China

Music from this show

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Lying Around
Magic Bullets
I Love That Party With The Monkey Kitty (Album)
The Spinanes
Helena Beat
Foster The People
Dig A Little Deeper (Album Version)
Peter Bjorn And John
Metropolis (Dodge City Anthem) (Instrumental) [Explicit]
Nicolay