07/14/06
Marketplace PM for July 14, 2006
Episode Description:
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Oil money fuels combatants
The battle between Israel and Hezbollah is pushing the price of oil even higher. That's more disposable income for Middle East oil sellers. Scott Tong looks into whether some of that money is paying for the violence in Lebanon and the Gaza Strip.
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Russians are happy G8 hosts
President Bush and other world leaders are in St. Petersburg, Russia, for the G8 Summit this weekend. It's the first time the conference has been held in the former Soviet country. And Russians are really looking forward to it. Stephen Beard reports.
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No joke . . . Trial lawyers consider name change
The Association of Trial Lawyers of America is considering changing its name to the American Association for Justice. Hillary Wicai looks at why some argue it's a good idea.
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Retail sales are driven by love, not real estate
There's been speculation that the cooling of the housing market could result in lower retail sales. Commentator and retail consultant Michael Silverstein isn't buying it.
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Week on Wall Street
Stockbroker David Johnson talks with host Kai Ryssdal about the week on Wall Street and what may be in store for the markets to come.
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NYC to allow union workers to live outside the city
New York City has worked out a contract with its biggest municipal union. The union members will get a pay raise, but their biggest bonus is that they'll no longer be required to live in the city. Ashley Milne-Tyte reports.
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Gay games x 2
Two Olympics a few days apart? The Gay Games starts tomorrow in Chicago and the World Out Games in Montreal begins later this month. John Caldwell of the Advocate talks with Kai Ryssdal about what's going on.
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The Dead Zone: Problem grows from farmers' fields
Fertilizer runoff from the fields of Corn Belt farmers is one of the root causes behind declining fisheries in the Gulf of Mexico. What can be done? Sam Eaton reports. <em>Second of two parts.</em>
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