06/06/08
Marketplace for Friday, June 6, 2008
Episode Description:
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1
Horse racing's running on slower track
Attention will be on the Belmont Stakes on Saturday as Big Brown tries to capture the Triple Crown. But thoroughbred racing's not what it used to be. Attendance is down and the money wagered has dropped $1 billion in five years. Kai Ryssdal reports.
1
Bush trip will offer thought for food
President Bush leaves Monday for what will probably be his last major trip to Europe. He's expected to get a polite reception at a big U.S.-European summit meeting, where a bitter trade dispute between the two sides might actually be settled. Stephen Beard reports.
1
A more effective stimulus: job creation
History tells us employment tends to lag in the economic cycle. Jobs return once demand for products and services goes up. But commentator and economist Mark Thoma says factors like technology are throwing a wrench into the jobs equation.
1
Moving from 4 walls to 4 wheels
As the foreclosure rate continues to climb, social workers across the country are starting to notice a new phenomenon: People moving out of their homes and into RVs and cars. Jennifer Collins reports.
2
DNC will play by Obama's rules
Barack Obama is making the Democratic National Committee live by his campaign's rules -- no money from lobbyists or political action committees. Jeremy Hobson reports on how this decision might affect what happens in November.
0
Climb in joblessness hits 22-year high
More than 49,000 jobs were lost in May, according to the latest government report. That pushed the unemployment rate up half a point to 5.5% -- the biggest increase since 1986. Ashley Milne-Tyte reports.
1
Oil prices jump as dollar tumbles
Crude topped $139 a barrel at its high today after a Morgan Stanley analyst said he expects it to hit $150 by July 4. Meanwhile, the dollar fell on news the E.U. central bank might hike interest rates. All that got speculators going. John Dimsdale reports.
1
Week on Wall Street
Stockbroker and business analyst David Johnson chats with host Kai Ryssdal about what happened on Wall Street this week and what may lie ahead.
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