Marketplace for Thursday, July 16, 2009
As New Jersey reels from recession, Gov. Jon Corzine's connection to Wall Street is proving to be a toxic asset in his re-election campaign. Jeremy Hobson reports.
Kai Ryssdal talks with CNBC financial correspondent David Faber about his insights into the cause and effects of the recession, and his new book, "And Then the Roof Caved In," about the beginning of the financial crisis.
UPS and FedEx are in a battle over unions. UPS lobbied for FedEx teamsters to have the right to organize, a move FedEx is resisting. Dan Grech reports.
CIT received $2 billion from the Fed last fall, but it won't be getting seconds from Washington. What does that mean for the small businesses that depend on loans from the company? Steve Henn reports.