Jun 11, 2010

Marketplace for Friday, June 11, 2010

Segments From this episode

Mixed data in sentiment, retail sales

by Stacey Vanek Smith

Jun 11, 2010

A new survey finds that consumer sentiment -- that's how optimistic we feel about the economy -- was up more than economists expected, near a 2.5 year high. But the Commerce Department says retail sales fell a percent in May. What gives? Stacey Vanek-Smith reports.

A pedestrian carries a shopping bag as he walks through the Union Square shopping district in San Francisco, Calif.

Justin Sullivan/Getty Images

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Case spotlights sophisticated investors

by Jeremy Hobson

Jun 11, 2010

Merrill Lynch is being sued by wealthy investors, who lost millions of dollars after buying some complex pools of mortgages that went bad. The people who bought those pools were allowed to do so because they were considered sophisticated investors. Jeremy Hobson reports on why that term is so important.

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FDA seeks to regulate home gene tests

by Gregory Warner

Jun 11, 2010

Walgreen's got a lot of attention recently when it said it would start selling personal genetic kits in its stores. But after questions were raised about the safety and effectiveness of the kits, it said it wouldn't. Now the FDA is stepping in. Gregory Warner reports.

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Weekly Wrap: Financial regulation

by Marketplace Staff

Jun 11, 2010

Fortune Magazine's Leigh Gallagher and the Wall Street Journal's Sudeep Reddy talk with Kai Ryssdal about whether the economic unease will get the jobs bill passed in Congress and what will end up in the final financial reform bill.

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'Advice' from a hedge fund manager

by Marketplace Staff

Jun 11, 2010

Hedge funds had a great year in 2009, making up for many of their losses in 2008. That got a group of comedians thinking, if hedge funds still know how to make money, maybe hedge fund managers can dispense all kinds of financial advice. From the Upright Citizens Brigade Theater, the sketch group Hot Mess performs.

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Give parents the truth on financial aid

by Marketplace Staff

Jun 11, 2010

With tuition mounting every year and the economy barely coming off the skids, the stress of paying for college is taking its toll on parents. Commentator Kim Clark says government agencies and politicians aren't helping by marketing scholarships and financial aid that doesn't live up to its billing.

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A costly lesson in home ownership

by Curt Nickisch

Jun 11, 2010

That "American Dream" thing? It's got good staying power. The belief that owning a home is financially superior to renting is still strong. But thousands of homeowners are losing their homes. And that can be an eye-opening experience as to how chasing the American Dream can lead you deep down a rabbit hole. Curt Nickisch reports.

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Marketplace for Friday, June 11, 2010

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Music from the episode

Alright, Already Combustible Edison

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