What have you always wondered about the economy? Tell Us
Mid-day Update

PODCAST: Gas keeps rising, Annie’s goes public

Mary Dooe Mar 28, 2012
HTML EMBED:
COPY
AAA reports the average price of a gallon of gas in the U.S. topped $3.90 a gallon this morning. It's been going up every day for more than 2 weeks. Justin Sullivan/Getty Images
Mid-day Update

PODCAST: Gas keeps rising, Annie’s goes public

Mary Dooe Mar 28, 2012
AAA reports the average price of a gallon of gas in the U.S. topped $3.90 a gallon this morning. It's been going up every day for more than 2 weeks. Justin Sullivan/Getty Images
HTML EMBED:
COPY

AAA reports the average price of a gallon of gas in the U.S. topped $3.90 a gallon this morning. It’s been going up every day for more than 2 weeks.

Investors are getting ready to go down the rabbit hole with Annie’s. The Organic Food Maker — which features a bunny mascot — raised $95 million in its initial public offering. The stock begins trading today under the symbol BNNY.

Apple is refunding iPad 4G customers in Australia — turns out 4G doesn’t work on the iPad there.

The nation’s manufacturers ordered more long-lasting stuff — or durable goods — last month, up 2.2 percent according to the Commerce Department.

Magic Johnson is the proud new owner of the Los Angeles Dodgers. The Former Lakers star heads a group of investors that bought the Dodgers for $2 billion. If the sale goes through it would be a record price for a sports team the last one was set in 2009 When The Chicago Cubs sold for $845 million. Now, just for comparison’s sake, here’s what else you could buy for $2 billion these days: season tickets to see the Dodgers for the next 308,000 years. Or about 444 million dodger dogs — and I’ll bet if you buy that many you can have as many ketchup packets as you want.

How would you like to walk a mile in Marie Antoinette’s shoes? Well, somebody can. Last night, a pair of white silk mules believed to have been owned by the French Queen sold at auction in France for nearly $55,000. The shoes were decorated with the tricolor flag symbol of the French Revolution. It’s estimated Marie-Antoinette owned about 500 pairs of shoes.

News and information you need, from a source you trust.

In a world where it’s easier to find disinformation than real information, trustworthy journalism is critical to our democracy and our everyday lives. And you rely on Marketplace to be that objective, credible source, each and every day.

This vital work isn’t possible without you. Marketplace is sustained by our community of Investors—listeners, readers, and donors like you who believe that a free press is essential – and worth supporting.

Stand up for independent news—become a Marketplace Investor today with a donation in any amount.