04/18/08
Marketplace for Friday, April 18, 2008
Episode Description:
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For some, Passover means extra bread
In Israel there are traditional restrictions on the availability of bread during Passover. But this year, both the pious and the secular have reason to celebrate. Daniel Estrin reports.
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Impasse prolongs Zimbabwe's pain
Zimbabwean President Robert Mugabe is being blamed by his opposition and economists for the collapse of what was once southern Africa's breadbasket. And the nation's current political impasse is only prolonging its pain. Gretchen Wilson reports.
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Team's winning strategy loses its edge
The Oakland Athletics once rode an innovative strategy called sabermetrics to success in Major League Baseball. The team is now struggling, but commentator Dan Drezner says it's not because the strategy has failed. Rather, most of the other teams are using it too.
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Fannie Mae sets new loan boundaries
Mortgage applications are up and a new poll says a majority of Americans think now is a good time to buy a home. Still, many who take the plunge are finding themselves up against a new roadblock. Amy Scott reports.
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Bottles with 'BPA' coming off shelves
Wal-Mart says it's going to stop selling baby bottles made with a plastic called BPA, and the Canadian government plans to ban their sale. Meanwhile, glass bottle sales are taking off. Sarah Gardner reports.
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Slow economy changing migration tide
Mexican immigrants are sending smaller portions of their paychecks home because of tumbling wages and fewer jobs in America. Many are returning home, but they're finding the economic picture there isn't much better. Dan Grech reports.
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A $14 billion loss? Eh, no problem
Citibank, the nation's biggest bank, says it lost $14 billion in the first quarter. But its assurance that it was working to climb out of the hole was good enough for investors, who bumped up its stock 4%. Bob Moon reports.
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Week on Wall Street
Stockbroker and business analyst David Johnson chats with host Tess Vigeland about what happened on Wall Street this week and what may lie ahead.
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