Marketplace for Friday, July 13, 2012
George Soros' son Jonathan has started a new super PAC, and this one is a little different -- an 'anti-super PAC' super PAC, if you will. Digg was one of the trailblazing pioneers in the social media world, and yet was sold yesterday for just half a million dollars. Some politicians are outraged that this year's U.S. Olympic team uniforms are made in China -- but maybe it's the only business decision possible for the team. Commentator Chris Farrell says the idea of the "Golden Years" retirement is a thing of the past, but that may not be a bad thing. And we have the weekly wrap on the latest JPMorgan news.