Marketplace®
Every story is an economic story
  • Sep 14, 2008

    A Short Sale Warning

    by Chris Farrell

    I'm doing some research into the trend in personal bankruptcies this morning, and I came on this blog,Bankruptcy Law Network: It's by bankruptcy…

  • Sep 13, 2008

    Coupons: Quit snipping, start clicking

    by Janet Babin

    Tough times make those coupons in the Sunday paper even more tempting. But even that familiar search for savings is transforming in the Internet age. Janet Babin reports.

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  • Sep 13, 2008

    Incidental costs at college add up

    by Tess Vigeland
    College students read on the quad.
    Getty Images

    After tuition and room and board, there's still the question of day-to-day expenses for your college student. Estimates are all over the map, so host Tess Vigeland takes a closer look at the cost of being in college.

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  • Sep 13, 2008

    Saving for your education… again

    by Marketplace Staff

    Thinking of changing careers? More employers are offering lifelong learning accounts. Think of it as a 401(k) plan for your future education. Katie Macpherson reports.

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  • Sep 13, 2008

    Day in the Work Life: Stress counselor

    by Judith Ritter

    On this week's A Day in the Work Life, we meet Jim Yancey, a counselor helping residents of the Gulf Coast cope with the stress of hurricane season.

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  • Sep 13, 2008

    Getting Personal

    by Chris Farrell and Tess Vigeland
    Getting Personal
    Marketplace

    In this edition of Getting Personal, Chris and Tess talk about filling a gap in health insurance, retirement savings options for non-citizens, a safe place for short-term investments and what to do with old savings.

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  • Sep 13, 2008

    Bracing your finances for a storm

    by Marketplace Staff

    We often hear about the damage big storms cause, but they can also wreak havoc on the bank accounts of families stuck in their path. David Martin Davies reports.

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  • Sep 13, 2008

    The silver lining? Lower mortgage rates

    by Tess Vigeland
    Acquiring a mortgage loan
    iStockPhoto.com

    As the government stepped in to save Fannie and Freddie, mortgage rates dropped under 6 percent. Host Tess Vigeland asks bankrate.com's Greg McBride if the more favorable rates will hold.

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  • Sep 13, 2008

    Straight Story: Guarding your nest egg

    by Chris Farrell

    In a volatile market, is Wall Street really the smartest place to keep your money? Economics editor Chris Farrell sets the story straight on the safest place to save for retirement.

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  • Sep 13, 2008

    No such thing as a sure thing

    by Tess Vigeland
    The recommendations established in the Basel II accords hope to ensure banks exposing themselves to greater risk hold greater capital to shield their depositors.
    iStockPhoto

    From Bear Stearns to Fannie and Freddie, we've seen a host of investments that were "too big to fail" topple over. Host Tess Vigeland asks economist Diane Swonk if there are any truly fail-safe investments.

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  • Sep 13, 2008

    Gov’t takeover may ease housing pains

    by Mitchell Hartman

    With the bailout of Fannie Mae and Freddie Mac, homebuyers and homeowners may have an better luck making a connection. Mitchell Hartman reports from Portland, Oregon.

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  • Sep 13, 2008

    Counterfeiters sour fine wine trade

    by Marketplace Staff

    Fine wine prices have shot up dramatically in recent years. But wine collectors aren't the only ones seeing dollar signs. So are wine counterfeiters. An estimated 5% of wines sold in secondary markets could be fakes. Krissy Clark reports.

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  • Sep 13, 2008

    Student loan fixes will generate heat

    by Marketplace Staff

    Presidential candidates Barack Obama and John McCain say they'll reform the federal government's $150 billion student financial aid program. Commentator Kim Clark says that's great, but it's going to come with political costs.

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  • Sep 13, 2008

    Class is in session, but funds are tardy

    by Marketplace Staff

    With unemployment up, community colleges' enrollments are rising too. Many schools are short on funds and are having trouble handling the spike, especially in California where politicians are late in approving the state budget. Julie Small reports.

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  • Sep 13, 2008

    This week: Big losses and bailouts

    by Kai Ryssdal and Amy Scott

    In a few days, Lehman Brothers will still be a going concern or it won't. It's a turn of events that didn't seem likely on Monday when the news was all about Fannie and Freddie. Amy Scott's been following developments this week. She talks with Kai Ryssdal.

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  • Sep 13, 2008

    China shows Costa Rica the money

    by Dan Grech

    China recently bought $300 million in bonds from Costa Rica in a "checkbook diplomacy" strategy to move the nation's allegiance from Taipai to Beijing, according to a newspaper report. Dan Grech has more.

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  • Sep 13, 2008

    Ike has Texas refineries in its sights

    by Kai Ryssdal

    Weather forecasters say Hurricane Ike is going to wallop the south Texas coast and its oil refineries early Saturday morning. To find out what that's going to mean for oil and gas prices, Kai Ryssdal talked with economist Ray Perryman.

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  • Sep 13, 2008

    Car makers want financial help, too

    by John Dimsdale

    Financial institutions aren't the only companies poking around Washington looking for help. Car makers want low-interest loan guarantees of $25 billion to retool factories to build hybrids and other fuel-efficient cars. John Dimsdale reports.

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  • Sep 13, 2008

    What’s Treasury planning for Lehman?

    by Jeremy Hobson

    Treasury Secretary Henry Paulson hasn't said anything in public yet about rescuing Lehman Brothers from its credit crisis calamity. We asked Jeremy Hobson to find out why not.

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  • Sep 13, 2008

    Buying a retirement home

    by Chris Farrell

    Question: My girlfriend and I are both in our mid 50s and thinking ahead to where we want to live when we retire. Here's a summary of our current…

  • Sep 12, 2008

    Lehman shares down on sale talk

    by Janet Babin

    Word today that U.S. Treasury Secretary Henry Paulson opposes using any federal money to resolve the crisis at Lehman Brothers, was followed with word that the bank itself is for sale. Janet Babin reports.

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  • Sep 12, 2008

    Socialism for Plutocrats?

    by Chris Farrell

    Nouriel Roubini, professor at New York University and well-known blogger, has been in the forefront of understanding the depth of the current…

  • Sep 12, 2008

    FDA: Beware of Chinese baby formula

    by Marketplace Staff

    The death of one baby in China and hospitalization of dozens of others has been linked to tainted baby formula. The formula isn't approved for sale here, but the FDA warns of illegal imports. Scott Tong has more.

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  • Sep 12, 2008

    Botox might help migraines

    by Lori Stassi

    Botox eases wrinkles, but can it also ease migraine headaches? Allergan says it can. The company that produces Botox reports that two large tests…

  • Sep 12, 2008

    Leaving a message gets creative

    by Marketplace Staff

    Ever wanted to go straight to voicemail when you called someone, without their phone ringing at all? Clever entrepreneurs are making that and other services available. Rebecca Sheir dials in.

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  • Sep 12, 2008

    Americans help Brits beg for bucks

    by Marketplace Staff

    Fundraising or even asking for money at all is just not something the Brits are comfortable with. From London, Christopher Werth reports that many organizations hire Americans to do the dirty work.

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  • Sep 12, 2008

    Is it worth going after natural gas?

    by Mitchell Hartman

    The Department of Energy today weighs the pros and cons of extracting natural gas from shale and coal seams. Oil companies say they can make it work financially, but what about the environment? Mitchell Hartman reports.

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  • Sep 12, 2008

    Ergonomics rules worry businesses

    by Rachel Dornhelm

    Most large businesses set ergonomics standards for themselves, but small and large businesses worry about the cost if federal standards are adopted. Rachel Dornhelm reports on a forum being held today.

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  • Sep 12, 2008

    Runways profit from weak dollar

    by Marketplace Staff

    New York's Fashion Week was bigger than ever. American designers are doing well in general because overseas customers are taking advantage of exchange rates and shopping here. Sally Herships reports.

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  • Marketplace Morning Report for September 12, 2008

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  • Marketplace Money for September 13-14, 2008

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  • With the jobless rate up over 6 percent, more people are receiving unemployment benefits and staying on unemployment. That means states are struggling more to pay the bill. Dan Grech reports.

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  • Sep 12, 2008

    Ag exports are too big for containers

    by Scott Tong

    Agricultural exports have been going strong but American farmers are frustrated because they could be exporting even more, if not for a bottleneck in shipping. Scott Tong reports.

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  • Sep 12, 2008

    Trade may not deter Russia from war

    by Marketplace Staff

    Commentator Dan Drezner says economic modernization is considered to be a good buffer against war for most countries. But in Russia's case, standard ways of thinking may not apply.

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  • Sep 12, 2008

    Why don’t athletes just stay retired?

    by Tess Vigeland
    Lance Armstrong, in yellow jersey, and German Jan Ullrich ride during the Tour de France in 2003.
    Joel Saget/AFP/Getty Images

    Lance Armstrong's out of retirement and training for next year's Tour de France. NFL Quarterback Brett Favre also ran a retirement reverse. Why can't they stay away? Business of sports commentator Diana Nyad discusses that question with Tess Vigeland.

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  • When the credit crunch hit about a year ago, Wall Street was just recovering from losing thousands of jobs to recession and the World Trade Center attacks in 2001. Amy Scott reports on how the rebuilding effort is doing amid the economic downturn.

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  • Sep 12, 2008

    McDonald’s targets Starbucks attitude

    by Rico Gagliano

    We've been hearing a lot lately about negative TV ads stirring up America's ongoing culture wars. Some new ones are about to come out, not from one political candidate attacking another, but from McDonald's attacking Starbucks. Rico Gagliano reports.

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  • Sep 12, 2008

    Tax-avoidance schemes draw scrutiny

    by Jeremy Hobson

    Several investment banks have been helping foreign clients evade millions of dollars in U.S. taxes, a Congressional report says. But the transactions have been around for years. Jeremy Hobson reports.

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  • Sep 12, 2008

    Banks join list of credit-crunch victims

    by Stacey Vanek Smith
    A Washington Mutual bank sign in La Canada, Calif.
    David McNew/Getty Images

    While everyone has been watching the mortgage-meltdown struggles of the major investment firms, another financial industry has been taking a huge hit. Stacey Vanek-Smith reports on difficulties ahead for big banks and S&Ls.

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  • Sep 12, 2008

    Under One Roof?

    by Chris Farrell

    Question: After the death of my father, my siblings and I discussed one of us living closer to mom. She lives in SoCal and the cost of living is…

  • Sep 12, 2008

    A Fed Rate Cut?

    by Chris Farrell

    The consensus expectation has been that the Fed will keep its benchmark interest rate steady for now, but that when it does move the central bank…

  • Sep 11, 2008

    Where is the stock market bottom?

    by Marketplace Staff

    Are we there yet? The U.S. financial sector took yet another beating this morning. And things are worse in Europe. You wonder how much more it can take. Bob Moon talks to stock trader Ted Weisberg of Seaport Securities.

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  • Now this is fab. USAopoly is hoping to capitalize on a new generation of Beatlemania (and the old one too) with a new Monopoly game — The Beatles…

  • Sep 11, 2008

    Report: Banks aid offshore tax dodge

    by Marketplace Staff

    The report from the Senate Permanent Subcommittee on Investigations says the U.S. loses $100 billion a year in tax revenue to tax havens arranged by Wall Street banks for foreign investors. Janet Babin has more.

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  • Sep 11, 2008

    Nigeria’s efforts at peace in oil sector

    by Gretchen Wilson

    Determined to quell militant violence in the oil-rich but impoverished Niger Delta, the Nigerian government has set up peace talks and established a ministry for the region. Gretchen Wilson explains.

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  • Sep 11, 2008

    Shedding light on fluorescents

    by Marketplace Staff

    Compact fluorescent bulbs, or CFL's, come in many different sizes and shapes, not just the squiggly one. But are they dangerous because they have mercury in them? Joellen Easton finds out.

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  • Sep 11, 2008

    NYC trying out double-decker buses

    by Ashley Milne-Tyte

    One of the blue double-deckers made in Belgium starts a trial run in the city today. It can carry more passengers and costs less to operate than the standard NYC buses. Ashley Milne-Tyte has more.

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  • Sep 11, 2008

    EU companies carry heavy debt

    by Marketplace Staff

    In the past decade, European companies have been on a borrowing spree that is now coming back to haunt them. Megan Williams reports that those companies are in worse shape than companies here.

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  • Sep 11, 2008

    Warehouse robots increase productivity

    by Marketplace Staff

    The little wheeled bots bring products to shipping clerks, who say they like the assistance. Online retailer Zappos.com is one of several companies using them to get orders out faster. Sally Herships reports.

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  • Sep 11, 2008

    New site rates products for safety, etc.

    by Rachel Dornhelm

    GoodGuide.com gives consumers a fast and easy way to find product ratings in numerous categories from reliable sources like government and academic databases. Rachel Dornhelm tries it out.

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  • Sep 11, 2008

    Post 9/11 moves from Wall Street

    by Jeremy Hobson

    Wall Street firms moved thousands of employees out of lower Manhattan after the 9/11 terrorist attacks on the World Trade Center. Jeremy Hobson reports that the relocations affected bottom lines — in a good way.

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  • Marketplace Morning Report for Sept. 11, 2008

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  • Sep 11, 2008

    Lehman plan may only delay takeover

    by Stacey Vanek Smith
    Lehman Brothers headquarters in New York City.
    Mario Tama/Getty Images

    Troubled investment bank Lehman Brothers says it lost almost $4 billion last quarter but it has plans to bounce back. What are its chances of recovering without a white knight? Stacey Vanek-Smith reports.

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  • Sep 11, 2008

    Economy slows fashion’s creations

    by Kai Ryssdal

    New York City's Fashion Week is designers' big chance to show off their stuff and hope it sells — no sure thing in a troubled economy. Kai Ryssdal talks with Kate Betts of Time Style and Design to get her take on the business of fashion this year.

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  • Sep 11, 2008

    Millionaire invests in changing attitudes

    by Jeremy Hobson

    We've all heard money can't buy you love or happiness. But if you have enough of it, you might have a chance at changing people's hearts and minds. That's what software millionaire Tim Gill is trying to do. Jeremy Hobson reports.

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  • Sep 11, 2008

    Best hurricane insurance? High ground

    by Marketplace Staff

    Hurricane Gustav, Hurricane Hanna, Hurricane Ike … Commentator Robert Reich says now would be a good time to look at how we insure homeowners in disaster-prone places.

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  • Sep 11, 2008

    Boeing gets another chance at tanker

    by Marketplace Staff

    The Pentagon is again delaying its request for proposals to build a new refueling tanker plane. That's good news for Boeing in its competition with Airbus and Northrup Grumman for the $40 billion contract. Mitchell Hartman reports.

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  • The federal government's takeover of Fannie Mae and Freddie Mac has led to a drop in mortgage rates, making it a lot more attractive to buy a house or refinance the one you have. Dan Grech reports.

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  • Sep 11, 2008

    Buffett puts up banking caution sign

    by Nancy Marshall-Genzer

    A subsidiary of Warren Buffett's Berkshire Hathaway group is going to stop insuring bank deposits over $100,000. Does this mean Buffett is worried about future bank failures? Nancy Marshall Genzer reports.

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  • Sep 11, 2008

    Paying a price to stand up to the Mob

    by Megan Williams

    In southern Italy most small businesses pay protection money to the Mob. But a movement to fight back is gaining ground. For the first time, a restaurant owner has reported the extortion to the police and named names. Megan Williams has the story.

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  • Sep 11, 2008

    Which Debt to Pay Down?

    by Chris Farrell

    Question: My parents gave me a check to help with debt reduction. I am somewhat overwhelmed with the possible uses for this check. I have a loan…

  • Sep 11, 2008

    Just Say No

    by Chris Farrell

    After announcing the largest loss in its 160 year history, no one will be suprised if Lehman Brothers turns to Treasury and the Fed for a bailout….

  • Sep 10, 2008

    Presidential Futures Market

    by Chris Farrell

    The Democratic and Republican conventions are over. The barricades are down and the party faithful are fired up. Pollster.com now puts it as a …

  • Sep 10, 2008

    The Health Care Squeeze

    by Chris Farrell

    We all know that rising gasoline prices have put a crimp in household budgets, But the Economic Policy Institute has a nice item today comparing…

  • Sep 10, 2008

    Lehman plans to unload assets

    by Janet Babin

    Fire sale at Lehman Brothers. The struggling bank will spin off its commercial mortgages as part of a plan to keep itself afloat. Lehman has lost nearly $4 billion in the fourth quarter. Janet Babin has more.

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  • Sep 10, 2008

    What prompted OPEC’s production cut?

    by Marketplace Staff

    OPEC ministers surprised many oil experts who expected the cartel would keep production levels the same. Host Scott Jagow asks a reporter from the Financial Times why OPEC decided to cut them.

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  • My mother always said she had eyes in the back of her head. Now, a New Zealand airline wants to put temporary tattoos on the back of the heads of…

  • Sep 10, 2008

    East Europe attracting U.S. companies

    by John Dimsdale

    Azerbaijan, Albania and Belarus are among countries rated high for regulatory reforms that are favorable to American corporations looking to get away from U.S. rules. John Dimsdale reports.

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  • Sep 10, 2008

    OPEC opts to cut production

    by Megan Williams

    The oil cartel meeting in Vienna ended with a surprise decision to lower output now that prices are falling. Not everyone sees the decision as a permanent one. Megan Williams has more.

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  • Sep 10, 2008

    Trouble with that virtual fence

    by Steve Henn

    Problems have plagued the project to install video cameras, sensors, radar and night vision equipment to create a virtual fence that would discourage Mexicans from crossing the border into the U.S. illegally. Steve Henn reports.

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  • Sep 10, 2008

    Alabama county facing bankruptcy

    by Marketplace Staff

    Jefferson County, Alabama, has already missed several bond payments for a sewer project. No one really wants the county to go down, though. Tanya Ott reports on the situation.

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  • Scammers prey on desperate homeowners who have missed mortgage payments, offering to help save the home from foreclosure. Alisa Roth reports on how the fraud works and talks to a homeowner victim.

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  • Sep 10, 2008

    Should government help car makers?

    by Marketplace Staff

    Car makers are looking for government-sponsored loans so they can retool their assembly lines for fuel-efficient cars. Just don't call what they want a bailout. Commentator Will Wilkinson has more.

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  • Marketplace Morning Report for Sept. 10, 2008

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  • Sep 10, 2008

    Bureaucracy slows Ukraine’s TB fight

    by Marketplace Staff

    Ukraine used to be known as the breadbasket of the Soviet Union. Now it holds another distinction: Home to one of the world's largest pools of tuberculosis. Frank Browning reports on publicly and privately funded efforts to deal with the disease.

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  • Sep 10, 2008

    Our sharp listeners get to the point

    by Kai Ryssdal

    Kai Ryssdal reviews letters from our listeners about acupuncture, Social Security's disability benefits, David Frum's take on immigration policy, and the correct way to pronounce "nuclear."

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  • Sep 10, 2008

    ’39 Clues’ goes after Harry’s audience

    by Ashley Milne-Tyte

    A new children's book series called "The 39 Clues" is being marketed with a website, a movie deal and $100,000 in prize money for readers. But after Harry Potter can it still cast a spell over kids? Ashley Milne-Tyte reports.

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  • Sep 10, 2008

    Target hopes bodegas hit PR bullseye

    by Jeremy Hobson

    Target is opening four stores in Manhattan the size of designer boutiques — and then closing them in a few days. It's part of a publicity campaign the company hopes will drive customers to its big stores and website. Jeremy Hobson reports.

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  • Sep 10, 2008

    Public transportation ridership picks up

    by Nancy Marshall-Genzer

    A mass transit group says public transportation ridership was up 5% this spring over a year ago, due to $4-a-gallon gas. Meanwhile, a Senate committee is considering new transit funding. Nancy Marshall Genzer reports.

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  • Sep 10, 2008

    Is Lehman Bros. next up for a bailout?

    by Marketplace Staff

    If the global financial system keeps going the way it has been, Lehman Brothers is going to need help. Shares fell almost 45% today as investors worried that the Wall Street investment bank doesn't have enough money in the bank. Stacey Vanek Smith reports.

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  • Sep 10, 2008

    Is Fannie or Freddie in your portfolio?

    by Kai Ryssdal and Tess Vigeland
    Is Fannie or Freddie in your portfolio?
    Getty Images / Marketplace

    Do your retirement funds have any Fannie Mae or Freddie Mac stock in them? If so, you may want to check how much you've lost. Kai Ryssdal did, and he talks with Marketplace Money host Tess Vigeland about the financial hit you might not be aware of.

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  • Sep 10, 2008

    Emergency savings?

    by Chris Farrell

    Question: I'm a 28 year old full-time graduate student, married, and proud parent of one son. I receive stipend from school which is not much and…

  • Sep 9, 2008

    Subways and buses are packed

    by Janet Babin

    The high price of gasoline has inspired more and more drivers to take public transportation. So much so that a transit industry group says buses, trains and subways are reaching their limits. Janet Babin reports

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  • UAL stocks tanked — and we mean tanked — when a headline that flashed across trading screens erroneously reported that the carrier was filing for…

  • Sep 9, 2008

    Measuring productivity on the computer

    by Marketplace Staff

    IBM researchers are looking at emails, calendars and social networking data from thousands of workers, The aim, commentator Stephen Baker says, is to find a formula to calculate how much work gets done.

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  • Sep 9, 2008

    College newspapers taking a hit too

    by Stacey Vanek Smith
    Logo for UC Berkeley student newspaper, The Daily Californian
    http://www.dailycal.org/

    The dramatic drop in newspaper ad revenue hasn't just affected city and local papers. As Stacey Vanek Smith reports, college newspapers, such as UC Berkeley's Daily Californian, are hurting too.

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  • Sep 9, 2008

    Car makers want government loans too

    by John Dimsdale

    The latest in line for financial help from the feds are the auto makers. They're in Washington to ask for government-backed loans to retool their factories for fuel-efficient cars. John Dimsdale reports.

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  • Sep 9, 2008

    Blogs are abuzz on Apple release today

    by Rachel Dornhelm

    Speculation is that Steve Jobs will announce several changes to iPods in a broadcast today. Some will also be looking for clues to the health of the reclusive CEO. Rachel Dornhelm has the story.

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  • Sep 9, 2008

    Why does movie popcorn cost so much?

    by Marketplace Staff

    A theater chain in Britain has banned popcorn on Tuesdays. The company says some people just hate the smell, the noise — and the price. Scott Jagow talks to the author of "Why Popcorn Costs So Much at the Movies."

  • Marketplace Morning Report for September 9, 2008

  • Sep 9, 2008

    TB’s return comes with high costs

    by Marketplace Staff

    You might think tuberculosis hasn't been a problem since your grandparents' era, but the illness is making a worldwide comeback. Its costs of treatment and lost productivity are estimated at almost $3 billion a year. Frank Browning reports.

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  • Sep 9, 2008

    A look at candidates’ leadership styles

    by Marketplace Staff

    The presidential candidates' stands on the issues are what most of us will look at as we vote this fall. But what about John McCain's and Barack Obama's skills as a chief executive officer? Kevin Cashman from Korn/Ferry International sizes them up.

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  • Sep 9, 2008

    U.S. cancels nuke deal to punish Russia

    by Marketplace Staff

    The White House has pulled a nuclear cooperation deal with Russia back from Congress. The cancellation means Russia will lose billions in potential profits. Some American companies aren't too happy, either. Nancy Marshall Genzer reports.

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  • Sep 9, 2008

    OPEC members say oil price is too low

    by Ashley Milne-Tyte

    A couple members of OPEC — which will be meeting in Vienna on Tuesday — say they think there's too much oil on the market, pushing prices too low. Ashley Milne-Tyte reports.

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  • Sep 9, 2008

    Should home ownership be the dream?

    by Marketplace Staff

    Does that sense that every American ought to own a home get us and our financial institutions into trouble? Commentator Gregory Ip says we need to answer that question before we decide what to do with Fannie and Freddie.

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  • There's more we don't know about what's going to happen in the mortgage finance market than we do know. To get some perspective on the bailout of Fannie Mae and Freddie Mac, Kai talks with Karen Shaw Petrou at Federal Financial Analytics.

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