Marketplace for Wednesday, July 2, 2008

Episode Description 

Welcome to debt!

With consumer confidence at an all-time low, it's time to get used to the status quo. Host Bob Moon talks to author Barbara Ehrenreich about preparing for the realities of the current economy.
Posted In: Economy

Congress's summer job: The economy

The economic stimulus was just a drop in the bucket. If Congress really wants to get the economy back on its feet, commentator Robert Reich has some summer homework for them.

Banks brace for Basel II

Financial regulators are proposing stricter capital guidelines for banks to prevent risky investments from causing another meltdown. Amy Scott reports.
Posted In: Economy

An economy gone to the dogs

People aren't the only ones hurt by the weak economy. As finances get tighter, animal shelters are filling up with the pets that owners can't afford to take care. Jeremy Hobson reports.
Posted In: Economy

Wal-Mart looks local to save on shipping

The mega-retailer is set to become the nation's largest buyer of locally grown produce with a promise to purchase $400 million worth of crops from local farmers. Sam Eaton reports.
Posted In: Food, Retail

Microsoft still searching for Yahoo

Apparently, Microsoft's not used to rejection. Despite being rebuffed, the computer giant is still looking for a way to get a piece of Yahoo's search market. Stacey Vanek-Smith reports.
Posted In: Internet, Mergers and Acquisitions

The end of the beginning

With billions more in writedowns expected from Merrill Lynch and other financial firms, analysts are beginning to agree we may have a long way to go before we're clear of the shadow of the credit crisis. Ashley Milne-Tyte reports.
Posted In: Economy

Music from this show

Click below to purchase songs from this show through our Amazon affiliate.

The Best of OMD
The Power Out
Transistor Radio