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

    Q & A

    by Chris Farrell

    The latest Star Tribune column….

  • Last Wednesday, we held at an educational seminar at Minnesota Public Radio for people who are in domestic partner relationships. The auditorium…

  • Oct 6, 2007

    A Strong Defense of SCHIP

    by Chris Farrell

    This is the best defense of why the President should have signed rather than vetoed the SCHIP legislation. It's posted on Greg Mankiw's blog. …

  • Oct 6, 2007

    The limits to what you should buy

    by Rico Gagliano

    The folks behind HD DVD say they're rolling out a feature on new discs where you'll be able to go online from your video player and buy products related to the movie. But some wonder where that could lead.

  • Oct 6, 2007

    How’s our driving?

    by Tess Vigeland
    E-mailing
    istockphoto

    We asked for it, you wrote in and told us how we were doing. Tess Vigeland goes over listener feedback and answers some questions about the show.

  • Oct 6, 2007

    Tell your credit report to chill

    by Tess Vigeland
    Hundred dollar bills chilling in snow
    iStockPhoto.com

    Major credit agency Trans Union announced recently that it would allow consumers to freeze their credit report. Is that cool? Tess Vigeland asks personal finance expert Liz Pulliam Weston.

  • Oct 6, 2007

    Good news for home buyers

    by Tess Vigeland
    House made of $50 bills.
    iStockPhoto

    National Association of Realtors reported that sales of existing homes fell 6.5 percent from July to August. That may be good news if you're looking to buy a home. Tess Vigeland talks to Elizabeth Razzi, author of "The Fearless Home Buyer."

  • Oct 6, 2007

    Finding the ‘missing class’

    by Tess Vigeland
    Cover symbol from book "The Missing Piece"
    Beacon Press

    General Motors employees are voting on a deal that got them back to work after a two-day strike, part of which involves big pay and benefit cuts. Tess talks about it with Katherine Newman, co-author of "The Missing Class."

  • Oct 6, 2007

    So animated, they’re virtually there

    by Marketplace Staff

    One of the many benefits of online shopping is the safe haven it provides away from pushy, overly polite salespeople. But Mike Rhee reports that thanks to some technology, we may slowly be kissing that convenience goodbye.

  • Oct 6, 2007

    Marketplace Money Mailbag

    by Chris Farrell and Tess Vigeland
    Mailbox
    istockphoto

    How fast can economics editor Chris Farrell go? Find out in this third installment of the Mailbag speed round. Chris also covers advising college freshmen on personal finance and dealing with Roth IRA income limits.

  • Oct 6, 2007

    Uncle Sam really wants to hire you

    by Steve Henn

    It may seem like job cuts are everywhere, but there's one employer whose staff is healthy and growing. Steve Henn delves into the pros and cons of working for the government.

  • Oct 6, 2007

    Are You a Quant?

    by Chris Farrell

    Andrew Lo is a finance economist and quant jock at MIT. I follow his work closely, and check in on his website every once in awhile to see what he…

  • Oct 6, 2007

    Straight Story: Moral investing

    by Chris Farrell and Tess Vigeland
    Economics editor Chris Farrell
    American Public Media

    Socially responsible investing is hot, hot, hot. And Chris Farrell says one of the best ways to invest responsibly is by putting your money into frontier markets.

  • Oct 6, 2007

    Buzzword: Big bath

    by Marketplace Staff

    Have you ever made bad news seem better by first making it seem worse? You should work for Wall Street.

  • Oct 6, 2007

    To: Audience; Subject: No e-mail Fridays

    by Rico Gagliano

    Today was the first of Intel's Zero E-Mail Fridays, when workers are supposed to take time to actually talk to each other — face-to-face. Other companies have similar policies. The Marketplace Players think it might take some workers a while to adapt.

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  • Oct 6, 2007

    So, economists, about the job numbers…

    by Steve Tripoli

    What's it mean for the economy that 110,000 jobs were created last month and unemployment ticked up to 4.7%? Steve Tripoli asked economists for some clarity in the Labor Department figures. But, well, they're economists.

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  • Oct 6, 2007

    GE’s big move to compact flourescents

    by Sarah Gardner

    General Electric is turning out the lights at seven of its incandescent light-bulb factories in the U.S., Brazil and Mexico. It's part of GE's campaign to get rid of slow-growing, low-margin businesses. Sarah Gardner reports.

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  • Oct 6, 2007

    Follow the rebounding CLO

    by Amy Scott

    There are some signs the credit squeeze might be starting to turn around. Deutsche Bank says the market for a type of security known as CLOs appears to be on the rebound. What's a CLO and why should you care? Amy Scott explains.

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  • Costa Ricans vote Sunday on whether to continue to participate in the Central American Free Trade Agreement with the United States. Opposition protesters have been in the streets for weeks. Dan Grech explains the issues with Kai Ryssdal.

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  • Oct 6, 2007

    Will work for beer

    by Marketplace Staff

    Beer's not only a party drink, it's a commodity, too. Kate Golden discovered as much when a guest left a case of Bud Light behind at a party she threw.

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  • Oct 6, 2007

    Week on Wall Street

    by Marketplace Staff

    Stockbroker and business analyst David Johnson talks with host Kai Ryssdal about what happened on Wall Street this week and what may lie ahead.

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  • Oct 6, 2007

    Funeral plan is a conversation starter

    by Marketplace Staff

    Commentator Doug Cordell and his 90-year-old mother are planning for her funeral. It's her idea. Yet, they don't get very far. Somehow their talks meander to other things. And for Cordell, that's OK.

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  • Oct 6, 2007

    Day in the Work Life: Smile, kids

    by Marketplace Staff

    Try as they might, school kids can't avoid school photos. We meet the man who helps parents embarrass their teenagers' dates when they inevitably visit the house.

  • Oct 5, 2007

    Unemployment spike’s not so bad

    by Amy Scott

    The Labor Department reported that the unemployment rate ticked up last month to 4.7 percent, the highest rate in more than a year. But Amy Scott reports why economists still think this report is pretty good.

  • Oct 5, 2007

    Does it come in beige?

    by Marketplace Staff

    When prospects in the housing market are dull, so is the furniture. Jessica Jones explains why neutral-colored couches are popular right now.

  • Oct 5, 2007

    On the road again . . . and again

    by Marketplace Staff

    With profits waning across the board for album sales, musicians — particularly the older ones — know that the money is on the road. Doug Krizner talks to Variety managing editor Stuart Levine about the decades-old artists still touring.

  • Oct 5, 2007

    New report monitors our privacy

    by Marketplace Staff

    The Electronic Privacy Information Center is releasing its progress report on the level of privacy in countries around the world. Jeremy Hobson looks into lingering concerns about who's watching over shoulders in the U.S.

  • The words "product party" usually conjure up images of old ladies selling Tupperware. But Alex Goldmark discovered there were some out there that managed to be fun — and profitable.

  • Oct 5, 2007

    China steps into Darfur conflict

    by Marketplace Staff

    China's contributions to some of Africa's least-democratic regimes has met criticism from the international peace community. Terry Fitzpatrick reports why the country's spending has hurt its reputation.

  • Oct 5, 2007

    Should have just bought the CD

    by Lisa Napoli

    A woman was fined $220,000 yesterday in the first trial against illegal online music sharing. Lisa Napoli looks into whether the verdict will have an effect on future piracy.

  • Marketplace Money for Friday, October 5, 2007

  • Oct 5, 2007

    Chinese aren’t cleaning their plates

    by Marketplace Staff

    The Asian economic miracle has created a generation of picky eaters. In Hong Kong, wasted food is a big problem. Scott Tong reports a few restaurants are taking aim at leftovers.

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  • The National Hockey League season has begun in earnest. But amid the baseball playoffs and the new NFL season heating up, you may have missed it. All of which goes to Diana Nyad's point about the position hockey's put itself in. She talked with Kai Ryssdal.

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  • Oct 5, 2007

    Should loggers see old forest for trees?

    by Jeremy Hobson

    The White House has plans to dramatically increase the amount of logging allowed on federal lands in the Pacific Northwest. Environmentalists are crying foul, but logging towns are seeing green. Jeremy Hobson reports.

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  • Oct 5, 2007

    Sputnik-era inspiration needs a boost

    by Marketplace Staff

    Fifty years ago today the Soviet Union launched Sputnik, taking the lead in the space race and spurring the creation of the American space program. Commentator and engineer Bill Hammack says the drive that competition put into young people is in need of a new frontier.

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  • Oct 5, 2007

    Bill Gates wants your health records

    by Lisa Napoli

    Microsoft is rolling out a new service it's calling HealthVault. A place online where you can store all your medical records for free. Various organizations say they're on board. But what's in it for Microsoft? Lisa Napoli reports.

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  • Oct 5, 2007

    Magazines rack up a new problem

    by Jill Barshay

    Magazine publishers are having the same problems as newspapers as readers and advertisers desert them for the Internet. Now some big names like Vogue and Time might not even make it to newstands next week. Jill Barshay reports.

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  • Climate change has forced Congress to take a fresh look at an international agreement it's ignored for a decade — a treaty called the Law of the Sea. Sam Eaton reports.

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  • Oct 5, 2007

    Money talks at Korean summit

    by Alisa Roth

    At the summit of the two Koreas, almost everything the two sides agreed on was about money. South Korea has plenty of it. North Korea doesn't. Alisa Roth reports on their efforts to expand commerce across their historically contentious border.

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  • Wall Street's layoff count is up to 130,000, which is four times higher than last year. And Amy Scott reports that the ax is likely to fall even further beyond banking jobs.

  • Oct 4, 2007

    A new way to look at borrower risk

    by Sam Eaton

    A group of banks and nonprofits launches a new program today that will make credit available to riskier borrowers without as much risk to the lenders. Sam Eaton explains how it works.

  • Oct 4, 2007

    Shouldn’t have bought the Skype

    by Marketplace Staff

    Online auction site eBay admitted that buying Internet telephony company Skype was not a good investment. Doug Krizner talks to technology reporter Dawn Chmielewski about why they're so surprised about low profits for a free service.

  • Since purchasing U.S. Trust, Bank of America has been trying to shake its blue-collar image and appeal to weathy clientele. A new series of ads targets the self-made millionaire still remember where they came from. Amy Scott reports.

  • Oct 4, 2007

    Report cards in for Iraqi spending

    by Jeremy Hobson

    The House is reviewing Pentagon spending on reconstruction efforts in Iraq and Afghanistan. About a third of the $45 billion spent to rebuild Iraq was used for security. Jeremy Hobson reports.

  • Oct 4, 2007

    Keep that iPod in locked mode

    by Chris Farrell

    A new report out says iPod-related crimes are on the rise. Scott Jagow talks to economics correspondent Chris Farrell about the evolving technology market and how we could curb "iCrime" in the future.

  • Oct 4, 2007

    Music sharing lawsuit goes to court

    by Jill Barshay

    The record industry is finally going to trial after thousands of lawsuits against people who share music online illegally. The results of the trial could affect future lawsuits, as Jill Barshay reports.

  • It seems Barclays is set to admit defeat in the battle for Dutch bank ABN AMRO, in light of a cash offer by rival Royal Bank of Scotland. Stephen Beard reports on a possible resolution.

  • Oct 4, 2007

    Argentina’s inflation raises questions, too

    by Marketplace Staff

    Rising prices will be a big issue for the next leader of Argentina. Government figures are expected to peg the annual inflation rate at 8%, but many economists say the actual rate is much higher. Rachel Hopkin reports.

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  • Oct 4, 2007

    Let’s scrap employer-based health care

    by Marketplace Staff

    General Motors just unloaded billions of dollars in health-care obligations. Commentator Robert Reich thinks G.M.'s a fine example for the rest of the country.

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  • Oct 4, 2007

    Road construction paved with problems

    by Marketplace Staff

    Inefficiencies in the way the road construction industry operates costs the nation billions of dollars. Monica Brady-Myerov reports.

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  • Oct 4, 2007

    Toy of the day: iPod Touch

    by Kai Ryssdal

    The latest, hot item from Apple is the iPod Touch — basically an iPhone with a few things left out. Kevin Pereira from G-4 television talks with Kai Ryssdal about its cool features and high price — for now.

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  • A new class-action lawsuit alleges Target is breaking state and federal laws because its website isn't accessible to the blind. Sarah Gardner reports.

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  • The growing role of private security forces in war zones has exposed a legal gray area that shields them from U.S. or Iraqi laws. But a new House bill would hold them accountable. John Dimsdale reports.

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  • Oct 4, 2007

    Polishing a tarnished, subprime image

    by Steve Tripoli

    Countrywide, the nation's biggest mortgage company, is gearing up for a major public relations campaign to improve its subprime-debacle image. Steve Tripoli reports that Countrywide needs to be careful how it deploys the PR playbook.

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  • Goverment workers are routinely abusing the rules of first and business-class when they buy their plane tickets, according to a congressional report out this morning. Amy Scott reports these findings aren't terribly new.

  • Oct 3, 2007

    No progress in Mexico’s drug war

    by Dan Grech

    The Bush Administration is set to give Mexico nearly a billion dollars to fight drugs. But Dan Grech reports critics are skeptical of the effectiveness of the aid package.

  • Oct 3, 2007

    Soweto workers get a sweet ride

    by Gretchen Wilson

    For many residents of Soweto on the outskirts of Johannesburg, the work place is in the city. And thanks to the Soweto Business Express, the commute is plush with middle-class comforts new to local train culture. Gretchen Wilson has the story.

  • Oct 3, 2007

    Label beats designer in fashion

    by Jill Barshay

    Fashion designer Valentino, whose brand was bought earlier this ear by a private equity firm, is presenting his last ready-to-wear show in Paris. Jill Barshay reports that the namesake has come to succeed the person.

  • American private equity firm JC Flowers has raised £15 billion to buy British mortgage lender Northern Rock, which recently borrowed several billion dollars from the Bank of England to get out of trouble. Stephen Beard reports.

  • Oct 3, 2007

    $500 just for being born

    by Sarah Gardner

    The idea of giving a savings account to every newborn is making the rounds in Congress and has high-profile support. The goal is to give kids a head start on assets. Sarah Gardner reports.

  • Oct 3, 2007

    Measures to counter fake products

    by Lisa Napoli

    Counterfeit products continue to be a massive problem in the U.S. A conference is meeting today in Washington to come up with a plan to tackle the issue. Lisa Napoli has more.

  • Oct 3, 2007

    Looking outside the income tax system

    by Marketplace Staff

    Tax relief is difficult to sell as helpful to lower-income Americans, who pay little to no income tax. Commentator David Frum offers these solutions outside of the income tax system.

  • Oct 3, 2007

    Contractors and soldiers

    by Marketplace Staff

    The U.S. government says there are about 190,000 private contractors in Iraq, supporting 163,000 U.S. troops. Andrew Haeg has the story of two of them — one civilian, one military.

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  • Oct 3, 2007

    States move to close drug data mining

    by Helen Palmer

    Information about which drugs doctors prescribe for you often ends up in the hands of big drug companies, which use it to market their products. But some states are passing laws to ban the practice. Helen Palmer reports.

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  • Kai Ryssdal airs listeners' thoughts and opinions on our coverage of the General Motors strike, mystery shoppers, music file-sharing and more.

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  • Oct 3, 2007

    Private services fill troop shortage

    by Kai Ryssdal

    In the Iraq war, the spotlight is on the large-scale privatization of what used to be military functions. Kai Ryssdal talked with Steve Schooner, a George Washington University professor who has studied the role of private contractors.

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  • Oct 3, 2007

    Oil prices expected to climb again

    by Alisa Roth

    Oil prices finished just above $80 a barrel today. But some speculate prices could be well higher by the new year. Alisa Roth reports.

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  • Oct 3, 2007

    Defense bill free of major conflicts

    by John Dimsdale

    Senators are considering a defense spending bill that, at nearly $460 billion, won't pay a dime for operations in Iraq and Afghanistan. Democratic leaders have postponed that debate until later this year. John Dimsdale reports.

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  • Erik Prince, CEO of the private-security firm Blackwater, defended his company's performance in Iraq before the House Oversight Committee today. Kai Ryssdal has more.

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  • Oct 2, 2007

    Nasdaq thinks globally, buys regionally

    by Marketplace Staff

    This morning, the Nasdaq announced that it was buying the Boston Stock Exchange, one of the oldest regional exchanges. But after purchasing so many international exchanges this month, why Boston? Amy Scott explains.

  • Oct 2, 2007

    Learning money one panel at a time

    by Marketplace Staff

    Young people aren't famous for being wise about money. But the Federal Reserve of New York is trying to get them money smart early on with a series of educational comics covering a wide scope of financial topics. Jaime Bedrin has the story.

  • Saving readers $400 in annual fees, The Financial Times of London will allow visitors access to free content online. Stephen Beard reports this may be a pre-emptive strike against Rupert Murdoch.

  • Oct 2, 2007

    Brazil opening up the oil field

    by Dan Grech

    Brazil is gearing up to become a major player in the oil market. State-run oil firm Petrobras will start selling exploration licenses to foreign firms next month. Dan Grech reports.

  • Oct 2, 2007

    Chevron not immune to sanctions

    by John Dimsdale

    Chevron was largely exempt from former U.S. sanctions on Myanmar, but now the White House is considering forcing the oil giant to cut its ties with the country. Profits are a major revenue source for the military junta. John Dimsdale reports.

  • Oct 2, 2007

    Credit score versus insurance rates

    by Steve Tripoli

    Congress is taking up the issue of whether a person's credit score should determine their insurance rate. Consumer groups find the practice discriminatory. Steve Tripoli has more.

  • Oct 2, 2007

    Subprime hits the Armani set

    by Sarah Gardner

    High-end retailers are holding off some of their orders on the approach of the holiday season, according to one report. Sarah Gardner reports they may be starting to feel the crunch.

  • Oct 2, 2007

    Las Vegas loves Asians

    by Marketplace Staff

    Las Vegas knows that 4 out of 5 of its high rollers come from Asia. And the casinos are increasingly more prepared to serve the specific needs of their best customers. Lenora Chu has the story.

  • Oct 2, 2007

    Will Court remain business-friendly?

    by John Dimsdale

    In the past year, business interests have fared very well in the decisions handed down by the U.S. Supreme Court. Will that business-friendly record continue? John Dimsdale reports several cases will be putting that question to the test.

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  • Oct 2, 2007

    Learning how capitalism works

    by Rico Gagliano

    With South Korea becoming a rich, democratic nation, as many as 10,000 people from North Korea have risked crossing the border. Adapting to a capitalist society may be less dangerous but it's no less difficult. Rico Gagliano reports.

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  • For the first time since the credit crisis began, the Dow Jones Industrial Average surged past the 14,000-point mark to a new closing high. Bob Moon talked with market strategist Art Hogan about what the stock market is thinking.

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  • CD music sales continue to decline. But the popular alternative British group Radiohead is trying something new. They're making a key change in their sales strategy. Lisa Napoli reports.

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  • Oct 2, 2007

    Idea for Starbucks: Teens on Beans

    by Marketplace Staff

    Starbucks is now a "family destination," or so the company says. It might soon be brewing up menu items targeted directly to kids and teens. Commentator Tim Bedore worries that insufferable adolescents might overrun his coffeehouse.

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  • Oct 2, 2007

    Money, Values and Your Children

    by Chris Farrell

    I'll be participating in a panel on Kids, Values and Money tomorrow. If you're in town, I hope to see you. I haven't quite figured out how to get…

  • Oct 2, 2007

    Subway’s kosher outlets are on a roll

    by Stacey Vanek Smith
    The glatt kosher Subway shop in Los Angeles' Pico District.
    Stacey Vanek-Smith

    The Subway chain is trying to sandwich in some new growth to its 21,000 locations. Stacey Vanek-Smith takes a look at a kosher Subway that has opened right here in Los Angeles.

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  • Oct 2, 2007

    Nokia gets on the maps

    by Jill Barshay

    Finnish cellular giant Nokia, the world's largest maker of mobile phones, is apparently navigating its way into the future with the purchase of Navteq, the digital mapping company. Jill Barshay reports.

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  • Oct 1, 2007

    Mandel on R&D

    by Chris Farrell

    Mike Mandel at Business Week has a very important post on new numbers from the Bureau of Economic Analysis on his blog….

  • Oct 1, 2007

    Clive Crook on Unions

    by Chris Farrell

    Good piece by Clive Crook in the Financial Times on the future of American unions. Here's the money quote:…

  • Oct 1, 2007

    Bad news from Citigroup, too

    by Amy Scott

    Citigroup reported that third-quarter profits will probably drop 60 percent. Amy Scott explains what got them there, and reports that the worst might not be over.

  • Reports out say private equity firms Cerberus and JC Flowers are considering taking over some of the assets of London's Northern Rock, which recently faced trouble from the subprime mortgage crisis. Stephen Beard reports.

  • Oct 1, 2007

    More Q & A

    by Chris Farrell

    From the Sunday Star Tribune:…

  • In response to the events in Myanmar last week, the U.S. imposed new economic sanctions. But critics say they're not strong enough — particularly regarding the country's lucrative gem trade. Amy Scott reports.

  • Oct 1, 2007

    Conservation inspired by debt

    by Dan Grech

    This week, Congress will consider forgiving the debt of developing countries in exchange for safeguarding their natural resources. Dan Grech reports that these "debt-for-nature" swaps have worked well before.