Marketplace for Thursday, February 28, 2008
Posted In: Jobs
Payday loans that allow workers to borrow money in advance of their paycheck have often been criticized for having high interest rates. But new reports say the loans can actually benefit some consumers who have few other options. Janet Babin reports.
The Trade Adjustment Assistance program gives assistance to people who've lost their jobs because of international trade deals. Commentator Glenn Hubbard says the program does nothing to address the most critical reasons for job loss.
Posted In: Immigration, Jobs
Hillary Clinton and Barak Obama have been focusing on their opposition to NAFTA, the North American Free Trade Agreement. But will voters in Ohio, where thousands of manufacturing jobs have been lost, be persuaded? Mhari Saito reports.
Posted In: Economy, Investing, Taxes
New problems in the municipal bond market are resulting in cities and municipalities paying record-high interest rates. And with cities making less from property taxes, some have no choice but to declare bankruptcy. Jill Barshay reports.