01/16/12
Marketplace for Monday, January 16, 2012
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Episode Description:
Despite S&P's credit downgrade of several European countries, markets reacted with a collective... meh. We tell you why. Plus, we look at minority unemployment and see how the Occupy movement is weathering the winter. And if you've gone shopping recently, did you end up purchasing more than you wanted to? A behavior science professor explains why that happens.
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Zappos hacked
The online shoe giant has notified some of its 24 million customers that its site has been hacked.
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What the S&P downgrades mean for Europe
Europe correspondent Stephen Beard discusses why the European markets remained pretty steady despite the credit downgrades of several European countries, and why we ought to worry about the Greek debt talks collapsing.
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Unemployment rate higher in minority communities
Dig deeper into the unemployment numbers and you'll find some groups are not seeing improvement in their work lives.
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Businesses eyeing payroll tax cut extension
Businesses want to attach tax credits to the payroll tax extension bill.
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Occupy Wall Street continues
Police sweeps have closed Occupy Wall Street camps in a growing number of major cities. But the Occupy movement is still active.
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How much should I spend? Well, show me a number first.
Behavioral economist Nick Epley at the University of Chicago tells us what "price anchoring" is -- and how numbers influence our judgment.
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To pay for school, one undergrad makes a fateful decision.
Commentator Alejandra Bautista-Landin reflects on the decision that changed her life and where she's come since.
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In Kenya, U.S. aid groups focus their efforts
Kenya has received international aid for years, but life remains bleak for many. Donors are getting smarter about how to channel their giving.
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