02/05/09
Marketplace for Thursday, Feb. 5, 2009
Episode Description:
Marketplace for Thursday, Feb. 5, 2009
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2
Mr. Clean goes from kitchen to car wash
Mr. Clean is getting a second job. Procter & Gamble is planning to expand its Mr. Clean Car Wash franchise nationwide. But is it that a good idea in this recession? Mitchell Hartman reports.
1
Sen. Conrad: Stimulus is mixed bag
North Dakota's Democratic Sen. Kent Conrad says he's not satisfied with the current proposals in the stimulus package. Bob Moon talks with the Senate Budget Committee chairman about what he thinks it's missing.
6
Did China cause the U.S. recession?
There is a lot of blame to go around for the U.S. recession. Some people are pointing their fingers at China. Bob Moon speaks with Marketplace reporter Scott Tong about why.
0
Subsidies give textiles a thread of hope
The U.S. textile industry was on the brink of collapse a few years ago when Chinese imports were flooding the market. But subsidies in the current Farm Bill have put the industry a cut above foreign competitors. Leoneda Inge reports.
2
Low sales lead to a lift in liquidation
Consumer spending is down, leaving stores with a lot of unsold inventory. So retailers are unloading those items to companies that specialize in liquidating merchandise, and business for inventory cleaners is booming. Joel Rose reports.
26
Cut mortgage rates to build economy
President Obama's stimulus package is full of lots of proposals to boost our economy. Commentator R. Glenn Hubbard says one cost-effective and easy way to lead us to recovery is lowering mortgage rates.
5
Is the Dow a good market indicator?
The Dow Jones Industrial Average includes a number of companies whose stocks haven't exactly been stable -- Bank of America and General Motors to name a couple. With all that volatility, is it really an accurate representation of the overall market? Jeremy Hobson reports.
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