Posted by Ryan Faughnder
For Marketplace, Wed., July 13, 2011
Federal Reserve Chairman Ben Bernanke gave his semi-annual testimony to a House panel this morning. How likely is the Fed to enact more stimulus? Bernanke tells Congress during today’s testimony that if needed, the Fed will act again to try to give the economy a jolt. Meanwhile the legislative battle over the national debt continues, but many of lawmakers’ questions to Ben Bernanke appeared to have less to do with matters like stimulus and the debt ceiling, and more to do with representatives’ political agendas.
As China gets richer, its people get pickier. In the third installment of “The Five Year Plan” we take a look at how companies fight to hire and keep employees. Host Kai Ryssdal retraces his steps to the site of Marketplace’s 2006 broadcast from the city of Chongqing, a major city in the country’s southwest region.
Amid the massive hacking scandal at the Sunday tabloid News of the World, News Corp. abandons plans to get full ownership of the profitable British network BSkyB. Can Rupert Murdoch bounce back?
And why is gaming giant Electronic Arts paying big to go small with mobile games? The company is forking over more than $1 billion for PopCap, which is known for its addictive, easy-to-learn games like Plants vs. Zombies. We look at how EA may be hedging for the uncertain future of gaming.
And commentator Robert Reich calls for stronger leadership in Washington to solve the jobs crisis.
Here’s the music we played: