Marketplace for Tuesday, February 26, 2008
Google has partnered with five Asian telecommunications firms to build a 6,000 mile undersea broadband cable connecting the U.S. with Japan. Jeff Tyler reports on what the Internet giant could be planning.
Posted In: Books, Washington
This year President Bush proposed a federal budget of more than $3 trillion. Kai Ryssdal talks to Scott Bittle, author of "Where Does the Money Go?," about how taking a closer look at the spending of federal dollars could help avoid future deficits.
Posted In: Investing
The United States has joined the European Union in pushing for more transparency and accountability in sovereign wealth funds, which manage state savings for the purposes of investment. John Dimsdale reports on what the U.S. and E.U. are concerned about.
Posted In: Economy, Housing, Jobs, Retail
There was a big jump in wholesale prices in January showing inflation is rising faster than it has since 1981. Yet home prices are on a steep decline. Jill Barshay reports on what the conflicting figures say about the economy.