03/18/08
Marketplace for Tuesday, March 18, 2008
Episode Description:
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A penny hoarded is two earned
As the price of copper is goes up, so does the value of old pennies -- those coins minted before 1982 that still have actual copper in them. Now some people are banking on pennies to pay off big. Mary Rose Abraham reports on the new craze of penny hoarding.
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Call it a recession if you feel like it
Nearly three-quarters of Americans believe the economy is in recession, according to a new USA Today-Gallup poll. Commentator and economist Tyler Cowen says it might make us feel better, but it's best to leave the real definitions to the economists.
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Germany mulls CO2 cuts or going dark
Between phasing out nuclear power and a pledge to cut carbon dioxide by 40 percent, Europe's industrial leader could be headed towards an energy crisis. Brett Neely reports how Germany is hoping new technology could clean up its dirty coal plants.
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High Court weighs anti-union fund fight
The U.S. Supreme Court will hear arguments on whether California employers can spend state money on anti-union activities. It's a battle between free speech and taxpayer rights, but with a twist. John Dimsdale reports.
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Will Fed solve crisis, or make it worse?
Though the stock market has been deeply troubled by the subprime mortgage crisis, it has yet to crash. Many attribute the relative health of the markets to actions made by the Fed to keep the cash flowing. Ashley Milne-Tyte reports on what the Fed may do next.
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Fed's delicate economic balancing act
Between bailing out investment banks and making loans to securities dealers, Fed Chief Ben Bernanke and company have been busy lately. The big cut in short-term interest rates boosted the markets, but inflation still looms. Kai Ryssdal has the story.
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Troubled times for individual investors
From mom and pop investors to day traders, everyone is affected by the chaotic market. Kai Ryssdal speaks to Daniel Scotto's of Whitehall Investment Advisors about what an individual investor can do while the market normalizes.
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