Marketplace for Thursday, May 8, 2008
In our continuing series, "Food Fight," we look at the profitable side of the global food crisis. Sarah Gardner reports on the big agribusiness firms that are breaking earnings records as everything from grains to soybeans skyrockets.
Posted In: Economy, Taxes
Tax-rebate checks go out Friday as part of the $150 billion economic stimulus effort. And retailers are eager for a cut of your cash. We went looking for some of the more unusual ways people are planning to spend their rebates. Kai Ryssdal reports.
Commentator and investment strategist Andy Rothman says economic development pushed by Beijing will be great for Chinese workers and the environment, but now all of us will have to pay part of the cost.
India's government has decided it's had enough with rising food prices. It has suspended futures trading for some key commodites there, including soybean oil, chickpeas and potatoes. Sam Eaton reports.
Posted In: Economy, Housing
Mortgage rates in some markets came down today, with banks offering certain jumbo loans at a little above 6% -- a lot cheaper than last week. Banks are loosening up on lending again because Fannie Mae and Freddie Mac have a new strategy. Jill Barshay reports.