06/06/07
Marketplace PM for June 6, 2007
Episode Description:
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U.S. workers aren't producing as expected
Worker productivity grew at just 1 percent in the first quarter, about half of earlier government estimates. Not much of a difference? We called analyst Greg McBride to clear things up.
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Budget battle looms
Democrats are pressing ahead with spending bills that challenge President Bush to make good on his threat to veto ones that bust his budget. John Dimsdale reports on the likelihood of an ugly confrontation ahead.
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Making it easier for the poor to spend
Wal-Mart plans to unveil a pre-paid Visa card aimed at the 80 million U.S. residents who don't have bank accounts. Steve Tripoli reports that the nation's largest retailer may have something to teach competitors about servicing the poor.
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NYC sees money in gay marriage
New York City's comptroller says the Big Apple would net $142 million during the first three years of legalized gay marriage, mainly from the uptick in visitors attending the nuptials. Ashley Milne-Tyte reports.
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Immigration reform could hit us in the stomach
Employers in labor-intensive industries like agriculture are watching as Congress debates immigration reform. Changes in immigration laws could affect the food chain. Megan Larson reports.
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Legalizing immigrants would make things worse
Commentator David Frum says legalizing millions of would-be immigrants has some poor side effects . . . literally.
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Dunkin' Donuts finds holes in immigration program
The donut chain is suing franchisees across the country for not abiding by a federal pilot program on immigration reform that the company joined last year. Steve Henn reports.
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Tata says hello to Mexico's cheap labor
Even India's largest computer-services provider, Tata Consultancy, is looking for cheaper labor than it can get at home. It's opened a new plant in Mexico. Dan Grech reports.
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Hatchery orders up 5-minute eggs
A monthly money event in New York City matches dot-com dreamers with venture capitalists. The catch is would-be entrepreneurs have only five minutes to seal the deal. Sally Herships reports.
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