Marketplace for Friday, June 28, 2013
Episode Teaser Image
Next week, the U.S. government officially changes the way it measure the economy. How does the GDP calculation work? And U.S. mortgage rates jump to their highest level since July 2011, following comments from Federal Reserve chairman Ben Bernanke.
Posted In: World War I, Britain
Britain is spending $75 million on next year's commemoration of the outbreak of World War I. Some historians insist that for the money to be well spent, the commemoration must get the tone right.
Posted In: hollywood, GDP, Gross Domestic Product (GDP)
The U.S. government is set to begin calculating GDP in a way that factors in the economic value of entertainment, such as Beyonce, Miley Cyrus, Selena Gomez and Angelina Jolie.