Marketplace for Monday, July 13, 2009
The recession seems to have put brakes on over-consumption, at least for now. But how can the economy grow if people don't spend money? Kai Ryssdal talks with Gus Speth, Yale's dean of environmental studies, about how to change our consumer society.
Infomercial producer John Barnes explains how and why his business is doing well despite the recession.
Posted In: Economy, Jobs, Retail
The American superstore just opened its doors in Northern India, under the name 'Best Price Modern Wholesale.' Its arrival signals the retail giant's effort to cash in on one of the world's fastest-emerging consumer markets. Raymond Thibodeaux reports.
Banks continue to bundle loans and sell them off as they work to figure out their toxic asset situation. Kai Ryssdal talks with Bob Moon about how Wall Street is up to its old tricks with a new concoction.
You may not have heard of CIT, but hundreds of thousands of businesses rely on the bank to provide crucial lending. What would happen if the bank bites the dust? Steve Henn reports.