Marketplace for Monday, November 24, 2007
Posted In: Immigration, Jobs
France's largely immigrant suburbs have long faced high unemployment, in some areas at double the national average. But large companies have now begun recruiting from these neighborhoods because it's good for business. Anita Elash report.
Ryan Brecht, an economist who forecasts economic data for the U.S., tells how he's looking past the numbers and thinking about the people hurt by lost jobs and higher prices.
Posted In: Economy
In the federal government's bailout of Citigroup, the bank gets another $20 billion of fresh capital, and taxpayers are on the hook for most of the losses from Citi's toxic assets. Kai Ryssdal talks with John Carney of Clusterstock.com about the details.
Retailers are facing grim predictions for meager Christmas-sales growth. Macy's CEO Terry Lundgren talks about how one of the biggest retail chains is dealing with the downturn.