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Marketplace PM for January 25, 2006

Episode Description 

Realtors in a housing slowdown

The country's largest real estate trade group says sales of previously owned homes dropped last month by 5.7% -- the third straight monthly decline. We've been wondering about how this will affect real estate agents, so Tess Vigeland went house-hunting with some of them.

Greenspan's legacy

Alan Greenspan steps down next week after more than 18 years running the Federal Reserve. It's been quite a run. Depending on who you ask, he either gets credit or blame for today's economy. Commentator Robert Reich suggests it's a little bit of both.
Posted In: Economy

A broken patent system?

The patent system is enormously important to the American economy. And there are some, such as Adam Jaffe, who say it's spinning out of control these days. Jaffe's written a book called "Innovation and Its Discontents," and he talks to Kai.

Managing the household in New Delhi

In India, being a homemaker doesn't just require elbow grease. Running a home there takes some serious managerial skills. Miranda Kennedy spent a day with the lady of one household in New Delhi.

Lobbying hearings

Congress continues its headlong rush to change the rules for lobbying. Democrat or Republican, House or Senate, everyone's got lobby reform as a top priority this year. Some proposals were considered in a Senate hearing today. John Dimsdale reports.

Google in China

There's a new version of Google out today: Google.cn. It's designed to avoid China's tight Internet controls... by blocking sites the Chinese government forbids. Some say Google's taking things too far. Alisa Roth has more.

Ford's ethanol hybrid

Ford has unveiled its new ethanol-based hybrid. The company, which just cut 30,000 jobs to avoid destruction, now wants to prove how innovative it can be. From the Innovations Desk at North Carolina Public Radio, Janet Babin reports.