Marketplace for Tuesday, Feb. 3, 2009
With consumer credit-card debt climbing, banks are shifting marketing strategies to get their plastic in the hands of more financially stable customers. Stacey Vanek-Smith reports.
When it comes to spending money, some of us prefer the immediacy of cash, others the cushion of credit. That cushion is what credit card companies count on. But behavioral economist Dan Ariely tells Kai Ryssdal it skews our perception of spending.
Rico Gagliano explains what the term "goodwill" means in financial circles.
Kai Ryssdal reviews your comments on education, bar mitzvahs, mixed martial arts, our remarks about the Post Office, and an erroneous quote from "The Godfather."
A new report says that throughout last year, even as the credit crisis took hold, banks were still extending credit -- plenty of it. Ashley Milne-Tyte reports that, while the U.S. credit market has gotten smaller, you can't blame it all on the banks.
The Federal Reserve says it's going to keep extending its lifeline of cash to the banking system, indicating it's nowhere near weaning banks off emergency treatment. Bob Moon reports.