Marketplace for June 29, 2011

Episode Description 
Marketplace for June 29, 2011

Fed places new restriction on swipe fees

Banks were previously able to collect $15 billion a year from swipe fees. Now, the Federal Reserve is capping that, but it doesn't necessarily mean the end of debit cards.
Posted In: Banks

Gas prices drop despite predictions otherwise

Reporter Scott Tong discusses the latest on gas prices and what we can expect in the near future.
Posted In: Oil

Letters: Carry-on luggage and commodity speculation

Going over listeners' responses to past broadcasts. This week: union workers and pensions, carry-on luggage and commodity speculation.

Google launches Google+

The search giant takes another crack at a social network, and Facebook.
Posted In: Internet

Bank of America settles over mortgage securities

Bank of America settled with investors for $8.5 billion over claims that it sold them bad loans. What does that mean for holders of 401ks?
Posted In: Housing

Stimulus help to states comes to a close

Federal efforts to help states shore up their budgets in the tough economy end on June 30, leaving states to close spending gaps on their own. Many programs face deep cuts to accommodate mandatory Medicaid spending.
Posted In: Health

'It's the demand side, stupid'

How can the U.S. tackle its unemployment problem? Work on demand.

Music from this show

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Harmonia
Cass McCombs
Intimate (Album Version)
Crystal Castles
Baby's Arms
Kurt Vile
Even Judas Gave Jesus A Kiss
(!!! Chk Chik Chick)
(I'm 5 Senses) None Of Them Common
Joan of Arc