Marketplace®
Every story is an economic story
  • Apr 7, 2007

    Straight Story: Cut!

    by Marketplace Staff

    This week, economics editor Chris Farrell yells "Cut" at the newest reel of credit card documentaries.

  • Apr 7, 2007

    Thanks for writing us!

    by Marketplace Staff

    We brought you the best of personal finance and you responded. Tess Vigeland hears feedback from our listeners.

  • Apr 7, 2007

    A beautiful garden for the right price

    by Marketplace Staff

    Want to make your garden bloom without breaking the bank? Tess Vigeland takes us on a tour of her own garden with Amy Stewart, author of "Flower Confidential."

  • Apr 7, 2007

    A very taxing family

    by Marketplace Staff

    It's a family business that only Uncle Sam could love. Ashley Milne-Tyte takes us to Queens, New York, where three generations of tax accountants prepare for April under the same roof.

  • Apr 7, 2007

    Mailbag for Friday, April 6, 2007

    by Marketplace Staff

    Our economics editor Chris Farrell answers your burning money questions. This week, advice on life insurance for newborns, prioritizing income when you decide to establish your own nonprofit business, and the secrets of retiring at age 51.

  • Apr 7, 2007

    Buzzword: H-1B visa

    by Marketplace Staff

    They come from foreign lands to put their sophisticated skills to work in the U.S. — unless there's not enough room.

  • Apr 7, 2007

    Day in the Work Life: Steeplewright

    by Marketplace Staff

    Don't take your places of worship for granted. This week, we profile a man whose job it is to make sure church steeples stay upright.

  • Apr 7, 2007

    So . . . how much are your colleagues making?

    by Marketplace Staff

    You know you're dying to find out. What kind of salary are your coworkers making? Tess Vigeland talks snooping strategies with Donna Rosato of Money Magazine.

  • Apr 7, 2007

    Why do I have to keep checking my checks?

    by Marketplace Staff

    It seems like you deposited that check ages ago and it still hasn't cleared. There's a reason. Tess finds out why with Jean Ann Fox of the Consumer Federation of America.

  • Apr 7, 2007

    Get interested in your savings

    by Marketplace Staff

    There are lots of banks who'd love the chance to sit on your cash. And that means you can find some pretty competitive rates. Lisa Napoli offers this primer on finding high-yield savings.

  • Apr 7, 2007

    End of the VOIP line for Vonage?

    by Lisa Napoli

    A federal judge says the pioneering company that connects cheap phone calls over the Internet can't sign up new customers while it appeals a ruling that it stole ideas from wireless giant Verizon.

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  • A traditionally black college, whose endowment has been cut in half over the past decade, could be saved by a $7 million sale of a Georgia O'Keeffe painting. But a judge has put the brakes on the deal.

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  • So-called consumer-directed health care plans are touted as an easy way to cut costs for employers. But the high deductible options hit female employees the hardest, because they have more health care needs.

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  • Apr 7, 2007

    The Week on Wall Street

    by Kai Ryssdal

    Kai Ryssdal discusses the week that was on Wall Street with stock broker and business analyst David Johnson.

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  • Apr 7, 2007

    Lying is essential to doing business

    by Marketplace Staff

    Financial Times columnist Lucy Kellaway is OK with lying on the job. In fact, she believes the corporate world can't function without little white lies to get through the day.

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  • Apr 7, 2007

    Poor first to feel global warming’s effects

    by Sam Eaton and Kai Ryssdal

    A U.N. report warns poor countries will be hit hardest with famine, fresh water shortages, and coastal flooding unless global warming is slowed. Solving the problem will require a huge infusion of cash from Western nations.

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  • The unemployment rate for black men in America over 20 years old stands at 9 percent. But some consider that figure a lowball estimate.

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  • The U.S. Office of Management and Budget now has an online database of more than 13,000 congressional earmarks from the 2005 budget — $19 billion worth of pork benefitting some big companies.

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  • Apr 6, 2007

    Battle of the sweeteners

    by Ashley Milne-Tyte

    Splenda has overtaken the sugar substitutes market, but little blue rival Equal says it's only done so with deceptive marketing claims. The case goes before a Philadelphia court Monday.

  • 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.

  • Apr 6, 2007

    Another big raise for CEOs

    by John Dimsdale

    CEO bonuses were up 13% last year. Some say efforts to link executive pay to performance are working, but critics argue that the rules of the game have been rigged to ensure a big payday.

  • Apr 6, 2007

    Music biz’ll never be the same

    by Marketplace Staff

    Digital downloads are forever changing the way we find and listen to music — and that's changing the way the whole industry works, says Daily Variety's Mike Speier.

  • Two of the world's biggest labor unions are talking about merging. If Britain's Unite and United Steel Workers in the U.S. and Canada join forces it would create an international behemoth of a workers union.

  • Apr 6, 2007

    Global warning

    by Marketplace Staff

    The latest UN report on climate change puts forth the bleakest outlook yet, saying warming will cause more damage than previously forecast — and sooner.

  • Apr 6, 2007

    Opportunity in Knock

    by Rico Gagliano

    The tiny town of Knock, Ireland has become a popular Catholic pilgrimage since residents say they saw an apparition of Virgin Mary in 1879. And a million and a half visitors each year equal a million and a half consumers.

  • Apr 6, 2007

    Chavez gets biofuel backlash

    by Dan Grech

    Venezuela's Hugo Chavez has reversed his pro-ethanol stance on the heels of an announced ethanol partnership between the U.S. and Brazil. Probably realized his political influence would be eroded by widespread adoption of the biofuel.

  • Marketplace Money for April 6, 2007

  • Apr 6, 2007

    One-Stop Online Aid For Investors

    by Chris Farrell

    From the Alliance for Investor Education. There's a new website that offers investors easy-to-use information on where to check out financial…

  • After militant violence had forced a shutdown, Royal Dutch Shell is resuming oil production in the Niger River Delta. Bob Moon examines the effect the news had on the market.

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  • Apr 6, 2007

    The pounds just poured off me . . .

    by Stacey Vanek Smith
    Sliced lemons
    Courtesy of "Lose Weight, Have More Energy & Be Happier in 10 Days" by Peter Glickman

    Get a glass of lemon juice, throw in a little maple syrup and a few dashes of cayenne pepper and you've got the latest weight-loss craze. Stacey Vanek Smith examines the dieting industry — and tries the cleansing fast herself.

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  • Apr 6, 2007

    A drop in the bucket isn’t enough

    by Marketplace Staff

    The bottled water industry makes $10 billion per year in sales. Commentator Benjamin Barber says that money is better off in the hands of Third World countries that don't have the convenience of a sink.

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  • The Chinese economy is growing faster than government officials expected. For the sixth time in less than a year, regulators have told Chinese banks they need to hang on to more reserves.

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  • Apr 6, 2007

    So long, Tony

    by Kai Ryssdal

    This Sunday night starts the last nine episodes of HBO's "The Sopranos." What's HBO going to do now? Kai Ryssdal talks about new programming with TV critic Aaron Barnhart.

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  • A national Internet database being launched on Monday will help retailers defend their products against in-store theft. Jeff Tyler looks at the hidden costs consumers pay for shoplifters.

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  • Apr 6, 2007

    Subprime geography

    by Steve Tripoli

    Subprime lending casts a wide net. Steve Tripoli takes us through different types of subprime loans and the areas where lenders set up shop — and not just the poor communities are targeted.

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  • Apr 6, 2007

    Long Live the G-25?

    by Chris Farrell

    In the 1980s and 1990s, the world economy was dominated by the G-7 (the major industrial nations), and large capitalization stocks flourished….

  • Apr 5, 2007

    Long-Term Care Insurance, Again

    by Chris Farrell

    Some more thoughts on long term care insurance….

  • Apr 5, 2007

    Pet food PR comes late to the table

    by Ashley Milne-Tyte

    Iams and Eukanuba this week became the first brands to finally start doing some damage control after that massive pet food recall. They placed ads in 59 newspapers and launched an outreach campaign to retailers. But what took so long?

  • Apr 5, 2007

    Prediction: Home prices fall 20%

    by Scott Jagow

    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.

  • Apr 5, 2007

    All-natural bug repellant swats DEET

    by Janet Babin

    A compound produced naturally by tomato plants might be just what you need to keep insects away this summer. It doesn't have that bug spray smell and it's safe for kids, which could make it a best-seller.

  • Violent uprisings forced Shell to shutter half its operations in the Niger Delta last year, but now the oil company says it'll resume full production there within six months. Some think it's an overly optimistic plan.

  • Apr 5, 2007

    Group health insurance dying

    by Jeff Tyler

    It's getting harder for small businesses to find affordable group coverage, a frustrating dilemma for people with pre-existing conditions — especially since even some insurers that are cutting contracts support universal coverage.

  • Wal-Mart's been accused of spying on private citizens, vendors and shareholders alike. So far no one's saying those practices broke laws, but a U.S. attorney has been looking into it.

  • Apr 5, 2007

    Make-your-own Google Map

    by Scott Jagow

    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.

  • Apr 5, 2007

    Newest Discovery: eco-friendly TV

    by Ashley Milne-Tyte

    Cable's Discovery is set to launch a new channel next year focused entirely on eco-friendly living. It's betting on consumers'— and advertisers'— continued interest in everything green.

  • Apr 4, 2007

    A Good Rant

    by Chris Farrell

    While working my way through various stories this morning, I came on this piece written by Steve Hamm of Business Week. It's on his blog….

  • Apr 4, 2007

    American nerdcore

    by Marketplace Staff

    Music's Internet age and a wave of geek pride have led to . . . nerds rapping. About computers and video games and sci-fi. Some are even touring and making enough cash to live off. No joke yo.

  • Apr 4, 2007

    Middle-class housing crunch

    by Steve Henn

    Housing costs have risen so high in some cities that entire regions are out of reach for most first-time home buyers. And in those areas, it's becoming a slow drain for the economy as a whole.

  • The first transatlantic stock exchange launches in Paris today following the merger between the New York Stock Exchange and Euronext. It could be just the beginning of a movement toward a global stock market.

  • Apr 4, 2007

    Ford looking to Flex for a save

    by Alisa Roth

    March sales figures were down nearly 10 percent for the automaker. Analysts say it was a cutback in fleet and truck sales that did it, but Ford's hoping its new Flex crossover vehicle will rev up revenues.

  • Apr 4, 2007

    United, BMI to open skies together

    by Marketplace Staff

    Good news for consumers: BMI and United Airlines are seeking approval to form an alliance that will provide a seamless experience for passengers traveling between the U.S. and Europe when the open skies treaty takes effect.

  • Most Congress members are enjoying spring recess this week, but 10 Senate leaders are working through the break to try to come to a compromise on immigration reform.

  • Apr 4, 2007

    Rental market meltdown around the corner?

    by Ashley Milne-Tyte

    So far the rental market hasn't really been affected by the subprime mortgage crisis. But as more struggling homeowners are forced to return to the rental market, it's bound to impact prices and availability.

  • Apr 4, 2007

    Political consultants be gone

    by Marketplace Staff

    Former Speaker of the House Newt Gingrich says presidential hopefuls — and the American public — would be better served if candidates sent their consultants packing, waited a year and then spoke their minds.

  • Apr 4, 2007

    Who to call if you’re in a fix abroad

    by Marketplace Staff

    If you're doing business in a dangerous foreign country, it helps to know someone who can open some doors. In this installment of "Working," our profile of workers around the globe, we put our trust in a fixer.

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  • Apr 4, 2007

    Google set to conquer space

    by Amy Scott

    In a deal today with satellite provider EchoStar, Google announced it will be auctioning off ad space on the DISH Network — with prices based largely on what people actually watch.

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  • The state-owned Russian airline may snap up a big chunk of the Italian airline's stock. Alitalia has been losing money for six of seven years, losing half a billion dollars in taxpayers' cash just last year.

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  • President Bush scolded Democrats in a White House press conference today for passing funding bills that called for deadlines on troop withdrawl from Iraq. He vowed to veto any bill that imposed timelines.

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  • Apr 4, 2007

    Easy come, easy downgrade

    by Bob Moon

    Moody's ranks financial institutions based on risk. Recently, it changed its methodology and upgraded some 150 banks based on likelihood of government bailouts. Met with ridicule, Moody's is now reversing course and dozens of banks face downgrades.

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  • One influential data company is factoring climate change into its prediction that the coming hurricane season will be a rough one. And it's having a big effect on on hurricane insurance rates.

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  • The U.S. immigration office had a one-day window open to receive H1B visas for skilled foreign workers. The rush — and subsequent 65,000 application limit — has high-tech companies flustered.

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  • Apr 3, 2007

    University presidents, take notes

    by Marketplace Staff

    Physics professor Lawrence Krauss lectures that universities aren't really businesses, and that university presidents who act as high-powered CEOs and run them like they are risk faculty revolts.

  • Apr 3, 2007

    Pet food scare spreads to humans

    by Bob Moon

    There's been no confirmation that the tainted wheat gluten found in Del Monte's pet food caused any cats or dogs to die — or that it's even a risk to humans. But that hasn't stopped some people from worrying.

  • Apr 3, 2007

    More type O to go around

    by Janet Babin

    Researchers have made a breakthrough discovery that could help alleviate blood bank shortages and take a lot of pressure off type O blood donors. They've found a way to change type A, B and AB blood into universal type O.

  • Apr 3, 2007

    Pfizer inherits $35 million fine

    by Ashley Milne-Tyte

    The drug company has agreed to pay $34.7 million to settle an investigation into improper promotion of Genotropin, even though it took place before Pfizer bought the company that made the growth hormone.

  • A day after Apple and EMI announced a deal to provide music downloads minus copy protection, Apple's been accused of breaking E.U. competition law for selling music at different prices in different countries.

  • Eight universities will reimburse students over $3 million to settle charges that they accepted kickbacks to steer them toward "preferred lenders." Citibank is paying up too, but many other schools and lenders are still under investigation.

  • Apr 3, 2007

    Subprime’s domino effect

    by Steve Tripoli

    A new report predicts the housing market will suffer greater fallout yet from the collapse of the subprime mortgage market. UCLA's Anderson Forecast says some non-subprime mortgages now appear unstable.

  • Apr 3, 2007

    Another Case for Index Funds

    by Chris Farrell

    On Sunday, I cleaned my office and I came upon an interview with Robert Wilson by Brett Fromson of the Street.com. (It's several years old.) Robert…

  • The Tribune Company is comprised of 11 newspapers, 23 TV stations — and 20,000 employees. Jeff Tyler has the story on why the financing under new owner Sam Zell is making some workers nervous.

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  • Apr 3, 2007

    Keep the music going and the artists paid

    by Marketplace Staff

    How can the record companies stay alive when American consumers trade over a billion music tracks freely online every month? Commentator Celia Hirschman offers a win-win solution for labels, artists and fans.

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  • Apr 3, 2007

    Supreme Court: CO2 a pollutant

    by John Dimsdale

    The Supreme Court ruled today that the EPA has the right to limit auto-emissions of carbon dioxide. As Steve Henn reports, this puts more pressure on the Bush Administration to act.

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  • Before there was Goldman Sachs or Morgan Stanley, there was Lazard Freres. Kai Ryssdal talks to author William Cohan on his book about the financial firm's legacy on Wall Street.

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  • Apr 3, 2007

    It’s a digital hit in China

    by Scott Tong

    The TV show Prison Break is the hottest series in China, thanks to the millions of fans who download the show illegally. Scott Tong reports on the power of digital word-of-mouth in the world's biggest consumer market.

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  • Ads for the drug Celebrex return tonight after a two-year absence, but the focus will be on the aspirin's potential dangers rather than its benefits. Helen Palmer reports on the product's marketing makeover.

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  • Apr 3, 2007

    The real cowboys of computer programming

    by Marketplace Staff

    You can't go horseback riding at the Big Nerd Ranch, but you can rope in some killer software-coding skills.

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  • Apr 2, 2007

    Changing times, changing kibbutzim

    by Shia Levitt

    As more and more young people opt to leave Israel's kibbutzim, those remaining have been forced to seek out new types of financial security to ensure they'll be taken care of in old age.

  • 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.

  • Apr 2, 2007

    Ohio helps homeowners avoid foreclosure

    by Steve Tripoli

    Faced with broad fallout from a weak economy and a widespread foreclosure crisis, Ohio is putting up state-backed bonds to provide a pool of refinancing money to help some struggling homeowners.

  • Apple had previously called on the big three record labels to remove digital rights management restrictions on their downloadable music — and this morning EMI announced that it's willing to play along.

  • Skilled foreign workers can apply for H-1B visas starting today, but they won't last long. Critics say the quota needs to be raised, but efforts to revamp the system keep getting caught up in the larger immigration debate.

  • Apr 2, 2007

    Bird flu vaccine for chicken feed?

    by Scott Jagow

    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.