Marketplace for Wednesday, January 23, 2013
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Apple announces its first quarter earnings for 2013. We consider whether Congress really needs to pass a budget at all. The number of unionized workers decreased again last year. McDonald's reported a $1.4 billion profit today, for which it can thank its dollar menu. The global economy’s biggest names are converging in Davos, Switzerland, for a week to talk big ideas, but some argue the conference is meaningless. Freakonomics Radio's Steven Levitt has a novel idea for helping people make tough decisions. And in the last of our author series on 'hope,' Margaret Atwood says hope is what keeps us going.
Posted In: reserve currency
A report in the Wall Street Journal reveals that $1.7 trillion in "foreign" cash is being held in U.S. banks.
Posted In: fast food, McDonald's, Arby's
Cheap food draws customers, but also cuts into profits.
Posted In: women, military
Secretary of Defense Leon Panetta announced today that he was lifting a military ban on women in combat, opening up thousands of positions on the front lines.