09/28/07
Marketplace for Friday, September 28, 2007
Episode Description:
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Greenspan: '50-50' chance of recession
Former Fed chairman Alan Greenspan was famous for his hard-to-read comments on the economy -- but now that he's retired, he's warning that the U.S. economy could be headed for a slowdown. Stephen Beard reports on what European economists are predicting.
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Tess' trash challenge takes a bow
Marketplace will soon launch a special series looking at the American consumer economy -- why we keep buying as much stuff as we do, and whether or not its sustainable. Tess Vigeland took up the challenge early, and hauled around her own garbage for nearly two weeks.
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Service clubs get a Gen-X boost
Service clubs have a long and proud tradition in this country. But since the 1980s, the clubs have been struggling to survive, competing against families, careers, and a healthy dose of cynicism. Now a resurgence of sorts seems to be developing -- Amy Scott reports.
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When a cigar is more than a smoke
Rachel Louise Snyder gets a crash course in the secret world of the ultimate cigar aficianado, with a visit to Jimmy Ng's exclusive cigar lounge located somewhere in the Regent Hotel in Singapore. Getting into the club isn't a question of wealth -- you've got to know Jimmy...
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Are investors pumping up price of oil?
Oil hit yet another record high on the world market today, topping $83 a barrel. But experts say the price might be artificially inflated by investors flocking to oil as an investment hedge against a dollar in decline. Jill Barshay reports.
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Keeping an eye on drug testers
Even after years of research and development, the FDA only gives its stamp of approval for a drug or device after a tough set of clinical trials. But a new report finds only a tiny fraction of tests get FDA scrutiny. Helen Palmer reports.
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Week on Wall Street
Stockbroker and business analyst David Johnson talks with host Kai Ryssdal about what happened on Wall Street this week and what may lie ahead.
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