Marketplace for Friday, Sept. 12, 2008
Presidential candidates Barack Obama and John McCain say they'll reform the federal government's $150 billion student financial aid program. Commentator Kim Clark says that's great, but it's going to come with political costs.
Posted In: Economy, Education, Jobs
With unemployment up, community colleges' enrollments are rising too. Many schools are short on funds and are having trouble handling the spike, especially in California where politicians are late in approving the state budget. Julie Small reports.
Posted In: Economy, Wall Street
In a few days, Lehman Brothers will still be a going concern or it won't. It's a turn of events that didn't seem likely on Monday when the news was all about Fannie and Freddie. Amy Scott's been following developments this week. She talks with Kai Ryssdal.
China recently bought $300 million in bonds from Costa Rica in a "checkbook diplomacy" strategy to move the nation's allegiance from Taipai to Beijing, according to a newspaper report. Dan Grech has more.
Posted In: Auto, Economy
Financial institutions aren't the only companies poking around Washington looking for help. Car makers want low-interest loan guarantees of $25 billion to retool factories to build hybrids and other fuel-efficient cars. John Dimsdale reports.