01/22/08
Marketplace for Tuesday, Jan. 22, 2008
Episode Description:
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Second Life's economy slows down, too
Second Life was supposed to be the next, great Internet space. But the virtual universe has been shrinking. It's even suffered some big, virtual bank defaults. Janet Babin reports.
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Letters: It's your turn
Kai Ryssdal reviews your letters about workplace culture, compensation for Iraqis, Mike Huckabee's tax plan, and what you're doing during the writers strike.
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The essential job of a leader
How do you learn to lead in the world of high-stakes corporate affairs? Author Warren Bennis says it all comes down to one thing: Good judgment. He talks with Kai Ryssdal about his new book.
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Blue Cross Blue Shield rolls out flat fee
Blue Cross Blue Shield of Massachusetts is trying a new way of paying hospitals and doctors. Instead of paying for every hospital visit and surgery, the insurance giant is offering a flat, annual fee per patient. Stacey Vanek-Smith reports.
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What's in your DNA?
A company called 23andMe is now offering a direct-to-consumer genetic testing service. For $999 it will give you a detailed analysis of your DNA. But might that be the very definition of too much information? Ashley Milne-Tyte reports.
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What will you get from Fed's rate cut?
Kevin Flanigan at Morgan Stanley tells Kai Ryssdal that the reduction in the federal funds rate means consumers can expect lower interest rates for mortgages and loans, but it may take several months.
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Fed slashes rate early to calm markets
Ben Bernanke and the Federal Reserve got up early this morning, had a look around and didn't like what they saw. The central bank cut its main interest rate three-quarters of a percent -- the biggest whack it's taken in 25 years. And another cut may be coming next week. Bob Moon reports.
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