Marketplace®

Daily business news and economic stories

Scott Jagow

Latest from Scott Jagow

  • Some economists are concerned that conditions are ripe for stagflation and they're drawing parallels to the stagflation economy of the '70s. But Chris Farrell says put your disco shoes away, it's not gonna happen.

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  • Popular consensus says we can expect to see slowing profit growth when earnings come out this week, but Allan Sloan says the fact that everyone expects it probably means the slowdown has already been factored into the market.

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  • Apr 10, 2007

    China’s mad

    Yesterday, the U.S. said it was filing complaints against China over its failure to reduce piracy. Today China's biting back, saying the complaints would seriously damage the trade relationship between the nations.

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  • Twelve years after a previous attempt to acquire the automaker, billionaire Kirk Kerkorian has bid $4.5 billion for Chrysler. But if anyone's going to stand in his way, it could be the auto workers union.

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  • Chris Farrell foresees a spring housing season with home prices headed back to 2003 levels, a market correction that's bound to lure the Federal Reserve into lowering interest rates.

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  • Google has introduced a new feature called My Maps that lets you save locations and directions — with photos and video — and then share them with your friends or the world.

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  • Newsweek's Allan Sloan says General Motors' plan to fund its worker pensions is performing so well, you might even argue it's subsidizing the rest of the company.

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  • Britain's largest drug company, GlaxoSmithKline, reportedly will meet with the WHO Friday to discuss ways to provide developing countries with low-cost vaccines against the H5N1 avian flu virus. Indonesia made sure of it.

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  • College basketball coaches are already among the highest-paid employees at universities — but taking a team to the Sweet 16 and beyond can propel them into a whole new salary league.

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  • Chris Farrell says if we want to clean up subprime lending, we need more than regulatory reform. He argues that we need to open up the banking industry to competition and, flaws and all, Wal-Mart is the company to do it.

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