Marketplace PM for August 17, 2007
Posted In: Economy, Housing, Investing, Wall Street
The Fed today cut the discount rate -- what banks pay to borrow from the Fed -- by half a percentage point. Banks use it only when they're in a bind. Like the one they've been in the past couple of weeks. Jill Barshay reports.
Skype, one of the most popular companies offering phone service over the Internet, suffered a pretty unpopular glitch the last couple of days. Lisa Napoli reports.
There's money to be made in the effort to halt global warming. One burgeoning business is the buying and selling of "carbon offsets" to American industry and consumers. What are these offset projects and how good are their claims? Claire Schoen reports.