12/30/08
Marketplace for Tuesday, Dec. 30, 2008
Episode Description:
Marketplace for Tuesday, Dec. 30, 2008
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1
What the GMAC bailout means for GM
GMAC, the financial arm of General Motors, received a $6 billion bailout from the Treasury Department. Now General Motors is offering 5-year, no-interest loans to prospective car buyers with low credit scores in hopes of boosting sales. But as Bob Moon reports, the government bailout could cause trouble for General Motors down the road.
0
A volatile market for home heating oil
Prices for home heating oil looked like they were only going to continue rising this past summer, so many customers locked in winter contracts. Now, heating oil's dropped to less than $2.50. Kai Ryssdal speaks with oil retailer Peter Bourne about how his customers are feeling and how his business is doing.
1
Who's paying for those holiday sales?
Lots of stores offered deep discounts on merchandise to lure shoppers this holiday season. But who will pay the price for those door-busting sales -- retailers or the companies who made the merchandise? Janet Babin reports.
0
Stock buybacks cause setbacks
Companies may have thought buying back their own stock was a good idea a few years ago. But as Mitchell Hartman reports, those companies that used borrowed money to finance those buybacks are in trouble now.
2
Circuit breakers: Not just for electricity
The New York Stock Exchange will announce the new numbers for its emergency circuit breakers Wednesday. So, what's a circuit breaker exactly? Jeremy Hobson explains in the latest Decoder.
1
Dissecting the auto industry pileup
You may have heard that the automobile industry got into a bit of trouble this year. Kai Ryssdal speaks with Alisa Roth about what went on in Detroit and what's yet to come.
34
Ethanol could kill your small engine
By 2022, the government says the U.S. must produce 36 billion gallons of renewable fuel. But the ethanol mandate could be disastrous for your lawnmowers, boats, and small engines. Peter O'Dowd reports.
1
Home prices continue to drop
The latest housing statistics are out, and they're pretty dismal. The Standard & Poor's Case-Shiller housing index dropped 18 percent in October from a year ago, a record fall. It's the 27th month in a row the housing index has posted losses. Sarah Gardner reports.
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