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Marketplace for Thursday, May 31, 2012
May 31, 2012

Marketplace for Thursday, May 31, 2012

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Long-term unemployment has been above 40 percent since 2010, and nearly half-a-million people have run out of extended unemployment benefits this year because of Congressional budget-cutting. What happens next? Gallup's latest data reveals that more Americans believe home prices will rise than will go down. The Federal Reserve will be celebrating its centennial with a digital archive. Retailer JCPenney may have to rethink its 'no sales' strategy. New York City Mayor Michael Bloomberg is proposing a plan to ban all super-sized sugary drinks. And Kai Ryssdal talks to U.C. Berkeley professor Enrico Moretti about the importance of geography in the creation of jobs.

Segments From this episode

JCPenney adds sales, after dropping them

May 31, 2012
JCPenney unveiled a new pricing strategy in January that largely scrapped sales. One bad quarter later, discounts are creeping back in.

When unemployment runs out -- what's next?

May 31, 2012
More long-term unemployed workers turn to food stamps and other government programs.

What's up, Europe? Ireland votes on EU treaty

May 31, 2012
It's a gray day in Dublin, as the Irish vote on the European Union's fiscal stability treaty. Will a yes vote really solve Ireland's problems?

Nearing 100, Federal Reserve crowdsources its centennial

May 31, 2012
The Federal Reserve is almost 100, and it wants your help in compiling an inventory of its history.

Why geography matters in fixing U.S. unemployment

May 31, 2012
Location, location, location. Economist Enrico Moretti says in his new book that it's more important than ever to move to areas with highly educated workers in order to find employment.

GM to sponsor English football club Manchester United

May 31, 2012
It's another out-of-the-box marketing move from the carmaker.

A majority of Americans believe home prices will rise

May 31, 2012
Gallup's Frank Newport reveals the data on what Americans think about home prices and the housing market.

How a New York ban on sugary drinks may affect business

May 31, 2012
New York Mayor Bloomberg wants to ban larger-sized soft drinks for health reasons. But a lot of businesses aren't really happy with that plan.

Long-term unemployment has been above 40 percent since 2010, and nearly half-a-million people have run out of extended unemployment benefits this year because of Congressional budget-cutting. What happens next? Gallup’s latest data reveals that more Americans believe home prices will rise than will go down. The Federal Reserve will be celebrating its centennial with a digital archive. Retailer JCPenney may have to rethink its ‘no sales’ strategy. New York City Mayor Michael Bloomberg is proposing a plan to ban all super-sized sugary drinks. And Kai Ryssdal talks to U.C. Berkeley professor Enrico Moretti about the importance of geography in the creation of jobs.

Music from the episode

Brain Freeze Sackcloth Fashion