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Every story is an economic story
  • Mar 28, 2009

    Millennium Bank a Ponzi scheme

    by Chris Farrell

    We had received many emails from listeners intrigued by high yields on CDs offered by Millennium Bank in the Caribbean. We didn't like it. It was…

  • Mar 28, 2009

    Memoir of a Socialist’s son

    by Marketplace Staff

    Tess Vigeland talks to author Said Sayrafiezadeh about his new memoir, "When Skateboards Will Be Free," about his experience growing up in a Socialist household in America.

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  • Mar 28, 2009

    Home buying tax credit

    by Chris Farrell

    Question: Is there an income cap for single first-time homebuyers to be eligible for the $8,000 tax credit? Is there a sliding scale of eligibility…

  • Mar 28, 2009

    Small talk: Food, college jobs, gold rush

    by Marketplace Contributor

    Marketplace's Brendan Newnam and Rico Gagliano chat with fellow staffers Stacey Vanek-Smith, Jeremy Hobson and Phyllis Owens about their favorite under-the-radar business stories from this week.

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  • Mar 28, 2009

    Tax woes for gay couples

    by Marketplace Staff

    Tax season is a headache for most people, but for gay couples, it can be even more complicated and expensive. Reporter Mina Kim visited a gay couple in San Francisco caught in tax season stress.

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  • Mar 28, 2009

    Day In The Work Life: Crop duster

    by Marketplace Staff

    On today's Day In The Work Life, we hear from Ray Dyson, 58, a professional aerial applicator, otherwise known as a "crop duster."

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  • Mar 28, 2009

    Look at the pretty flowers

    by Scott Jagow

    This week I was thinking — man, I spend a lot of time in front of screens. Then today, I see this on my computer screen: A new study says…

  • Mar 28, 2009

    Negotiating lower rent

    by Marketplace Staff

    In a soft market, landlords are more open to adjusting rent prices for the right tenant. Attorney Janet Portman explains the best ways to negotiate rent with your landlord.

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  • Mar 28, 2009

    Getting Personal

    by Chris Farrell

    Tess Vigeland and Economics editor Chris Farrell answer pressing questions from listeners about borrowing from a 401K, how to buy life insurance, and how life insurance companies are regulated by the state.

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  • Mar 28, 2009

    529 college funds dropping fast

    by Marketplace Staff

    Assets in 529 funds dropped 21% in the fourth quarter last year. Tess Vigeland talks with financial planner Bill Parish about what's happening to existing 529s and whether they are still a good way to save for college.

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  • Mar 28, 2009

    Quick fix credit scams

    by Marketplace Staff

    Scams offering to lower property taxes or save people from foreclosure are everywhere. But what about ads promising to get rid of bad credit? Sally Herships finds out why people are believing the ads and what happens when they do.

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  • Mar 28, 2009

    Straight Story

    by Chris Farrell

    Tess Vigeland and Economics editor Chris Farrell discuss how consumers can sort through conflicting financial advice about investing in the current market.

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  • Mar 28, 2009

    Sallie Mae changes payment rules

    by Marketplace Staff

    Sallie Mae announced that it's changing rules about when student loans need to start being paid back. Tess Vigeland talks to Mark Kantrowitz of FinAid.org about what it means for students entering and graduating from college.

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  • Iceland is feeling the fallout from its economy's collapse. Unemployment is near record highs and the real estate market is frozen. But innovative Icelanders are still finding ways to make ends meet. Stephen Beard reports.

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  • Mar 27, 2009

    A little insight into uranium

    by Marketplace Staff

    Thirty years ago the Three Mile Island Nuclear Station experienced the worst nuclear power accident in U.S. history. Tom Zoellner, author of "Uranium," talks with Kai Ryssdal about the issues surrounding that nuclear fuel.

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  • Mar 27, 2009

    Weekly Wrap: A look at Geithner’s plans

    by Marketplace Staff

    Treasury Secretary Timothy Geithner announced bank and regulatory plans this week. Kai Ryssdal reviews those plans with Portfolio.com's Felix Salmon and Fortune magazine's Leigh Gallagher.

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  • Mar 27, 2009

    Is 3-day paper delivery good news?

    by Marketplace Staff

    The Detroit Free Press is cutting its delivery services to Thursdays, Fridays and Sundays — the most lucrative advertising days. Is this a good business model? Dan Grech reports.

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  • Mar 27, 2009

    Lobbyists fight stimulus talk ban

    by John Dimsdale

    The White House is forbidding registered lobbyists from talking to executive branch officials who decide how to spend stimulus funds. Lobbyists say this violates their rights and are planning a challenge. John Dimsdale reports.

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  • Mar 27, 2009

    Stock and bond markets disconnect

    by Marketplace Staff

    While the stock markets have seen a rally for much of the week, bond markets didn't share the same optimism. Ashley Milne-Tyte explains why.

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  • Mar 27, 2009

    CEOs bank on meeting to reshape image

    by Marketplace Staff

    Executives of some of the nation's biggest banks met with President Obama to find some common ground as he continued to push forward with his economic recovery plan. What was discussed? Jeremy Hobson reports.

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  • Mar 27, 2009

    Let ’em in or keep ’em out?

    by Scott Jagow

    There are few issues more sensitive than immigration, especially when millions of Americans are out of work. The Wall Street Journal points out…

  • Mar 27, 2009

    Worst period for consumer may be over

    by Marketplace Staff

    U.S. consumer spending rose for a second straight month in February, though things don't seem as rosy when adjusted for inflation. Still, some analysts say consumers may be past the steepest declines. Tamara Keith reports.

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  • Mar 27, 2009

    Nuclear power a less toxic subject

    by Marketplace Staff

    There's been a huge shift in how nuclear power is perceived, which some experts attribute to a renewed focus on safety. Danielle Karson reports issues like disposal are currently among the nuclear industry's most pressing concerns.

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  • Mar 27, 2009

    Swiss bankers aren’t going anywhere

    by Christopher Werth

    Top Swiss banking executives are being banned from traveling outside of the country in an effort to avoid potential detainment by authorities. Christopher Werth reports how the precedent was started.

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  • In a stunning yet not entirely unexpected move, Royal Dutch Shell PLC recently announced it will withdraw its support from any future investment in…

  • Mar 27, 2009

    Morning Reading

    by Scott Jagow

    Stocks are down this morning, presumably because short-term investors are cashing in on the recent rally. At least one positive economic indicator…

  • Mar 27, 2009

    Solving Afghanistan’s drug problem

    by Dan Grech

    China, Russia and the U.N. are meeting on what to do about heroin production in Afghanistan, which is helping fund Taliban insurgents. The West is being criticized for its lack of handling of the drug trade. Dan Grech reports.

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  • Mar 27, 2009

    This market is more bear than bull

    by Marketplace Staff

    Few analysts will declare the latest market rally as the start of something bigger. Tamara Keith reports why several negative indicators make it more bear market rally than bull.

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  • Hoping to heat up its economy again after the fall of its biggest banks, Iceland is embarking on a new innovation: data farming. Stephen Beard explores why this idea works and is actually kind of cool.

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  • Mar 27, 2009

    Film industry shoots beyond California

    by Jeremy Hobson

    States are luring the movie and TV industry out of California with tax credits. The move has created thousands of jobs in New York, Connecticut and even Michigan. Jeremy Hobson reports.

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  • Mar 27, 2009

    Tensions flaring on corporate excesses

    by Amanda Aronczyk

    The president meets with bank executives and trade groups today to talk regulation, commercial loans and financial bailouts. Amanda Aronczyk reports on mounting tensions between Wall Street culture and the worried masses.

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  • Huge labor protests have swept France this week as a backlash to the Sarkozy government's treatment of the economic crisis. Bob Moon talks to Anita Elash in Paris about a string of worker demonstrations, including a recent French boss-napping.

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  • Marketplace for Friday, March 27, 2009

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  • Marketplace Morning Report for Friday, March 27, 2009

  • Mar 27, 2009

    Debt is the devil

    by Scott Jagow

    If there's one thing I've learned in my financial life, it's that I hate debt. I used to find debt annoying, you know, like getting a ticket for…

  • Mar 27, 2009

    Retirement vs. student loans

    by Chris Farrell

    Question: Hi Chris, my question relates to two subjects: a student-loan for graduate studies and funding my retirement. I am 27 years-old and am…

  • Mar 27, 2009

    Too big to… succeed?

    by Scott Jagow

    Today's big story is Treasury Secretary Tim Geithner's proposal to Congress for regulating the financial system. You can read summaries of his…

  • Mar 27, 2009

    Sioux Falls jobs drop as defaults soar

    by Stacey Vanek Smith
    Dacotah Bank in downtown Sioux Falls, S.D.
    Stacey Vanek-Smith / Marketplace

    After Sioux Falls got rid of its credit card interest rate limits, financial giants moved in and brought thousands of jobs to the city. But with defaults soaring, the job market has tanked. Stacey Vanek-Smith reports.

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  • Mar 27, 2009

    Why home ownership is U.S. obsession

    by Marketplace Staff

    Kai Ryssdal speaks with Columbia Professor Edmund Phelps about the reason why so many Americans want to own their own homes.

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  • Iceland's economy crashed last year after its three largest banks collapsed. Stephen Beard reports on how the country is coping with the fallout.

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  • Mar 27, 2009

    U.S. food tracing system is moldy

    by Janet Babin

    A new Health and Human Services report reveals disturbing gaps in the government's ability to trace food sources. Janet Babin reports.

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  • Mar 27, 2009

    Fed as super-regulator a super bad idea

    by Marketplace Staff

    Congress is seeking to create legislation to regulate the broken financial system. Commentator Susan Lee says one idea to make the Federal Reserve a super-regulator isn't very super at all.

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  • Mar 27, 2009

    Industry unhappy with regulatory plans

    by Jeremy Hobson

    The financial industry knows regulatory changes are coming soon, but that doesn't mean they have to like it. Jeremy Hobson reports on the industry's reaction.

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  • Mar 27, 2009

    New regulations match modern finance

    by John Dimsdale

    Treasury Secretary Timothy Geithner says as financial instruments have gotten more complex, government regulators haven't kept up. That's why he's asking Congress for more authority to regulate the system. John Dimsdale reports.

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  • Mar 26, 2009

    Fiscal stimulus managers?

    by Chris Farrell

    The quality of management matters. One of the disturbing aspects of the Iraqi rebuilding projects was incompetent management. Far too many of the…

  • Mar 26, 2009

    Arts take the stage before lawmakers

    by Marketplace Staff

    The arts industry is appealing to Capitol Hill for more funding as thousands of arts groups face bankruptcy. Art professionals are hoping to get the government to understand the need for the arts, especially now. Danielle Karson reports.

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  • Mar 26, 2009

    Gordon Brown may be backing down

    by Christopher Werth

    British Prime Minister Gordon Brown has been a cheerleader of stimulus spending for other European leaders. But Brown might be heeding warnings from Europe's central banks about rising government debt. Christopher Werth reports.

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  • Mar 26, 2009

    Monopoly needs an update

    by Scott Jagow

    Yeah, yeah, Monopoly is digital now, with debit cards and electronic banking. There are new tokens, like a flat-screen TV. There's even a Here…

  • Mar 26, 2009

    Family dynamics changing for women

    by Caitlan Reeg

    A new survey of American families finds fewer of today's parents are confined by traditional gender roles, roughly one-quarter of women make more than their spouses, and children aren't viewed as obstacles careers. Caitlan Carroll reports.

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  • Mar 26, 2009

    Morning Reading

    by Scott Jagow

    In case you hadn't noticed, we're in a recession. The economy shriveled up in the fourth quarter, falling at an annual rate of 6.3 percent,…

  • Mar 26, 2009

    The risky part of FHA insurance

    by Steve Henn

    The Federal Housing Administration has captured a huge chunk of the mortgage market in the last two years. Today, FHA insurance guarantees 1 in every 3 U.S. mortgages. Steve Henn reports explores the risks involved with such rapid growth.

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  • Treasury Secretary Tim Geithner is talking to Congress about new regulations aimed at financial risk-takers. Tamara Keith has the latest from Geithner, who is putting emphasis on regulation adaptability.

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  • Mar 26, 2009

    For homeless, a house with a roof

    by Marketplace Staff

    Limited shelter is a severe problem for California's homeless, whose numbers have doubled since last year. But a new portable home is at least providing a decent roof. Rob Schmitz sees how the EDAR works.

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  • Mar 26, 2009

    President considers all online questions

    by John Dimsdale

    President Obama will hold a virtual press conference on the economy later this morning, with the questions coming from the public. John Dimsdale explores how the online forum is giving the public new access to people in power.

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  • Marketplace for Thursday, March 26, 2009

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  • Marketplace Morning Report for Thursday, March 26, 2009

  • Mar 26, 2009

    Tackling the budget

    by Scott Jagow

    The fight is on over the President's $3.6 trillion dollar budget for next fiscal year. Today, Congressional Democrats unveiled budget blueprints…

  • Mar 26, 2009

    Sioux Falls: The town credit built

    by Stacey Vanek Smith
    In downtown Sioux Falls, S.D., there are several banks, including First Dakota National Bank, left, and Wells Fargo.
    Stacey Vanek-Smith / Marketplace

    South Dakota a financial powerhouse? It's not what immediately comes to mind. But you can thank this unlikely finance hub for your sky-high credit card interest rates. Stacey Vanek-Smith explains.

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  • Mar 26, 2009

    Looking to put stimulus funds to work

    by Marketplace Staff

    The government's stimulus funds will soon be trickling down to people on the street. Dustin Woodman, program manager of a conservation group, talks with Kai Ryssdal about how the money will help his community.

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  • Mar 26, 2009

    Afraid of layoffs, they ready biz plans

    by Mitchell Hartman

    With job losses piling up, some workers are taking preemptive measures to ensure they will be able to land on their feet should a pink slip come. Mitchell Hartman reports.

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  • Mar 26, 2009

    Transparency’s a must to gain our trust

    by Marketplace Staff

    For years many people were in the dark about what was hiding behind the "wall" in Wall Street. Commentator Robert Reich says for Wall Street to earn the public's trust, it's got to become a lot more transparent.

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  • Mar 26, 2009

    Macy’s to tie executive pay to stocks

    by Amanda Aronczyk

    Macy's says it will reward its executives based on how well the company's stock performs compared to other retailers over the next three years. Amanda Aronczyk reports.

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  • Drug runners along the U.S.-Mexico border are using stored-value cards to smuggle billions of dollars of cash into the United States. A Senate committee is investigating what can be done to stop them. Dan Grech reports.

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  • Mar 26, 2009

    The difficulty with economic forecasting

    by Marketplace Staff

    The UCLA Anderson Forecast is predicting a gloomy economic future. Edward Leamer, the forecast's director, talks with Kai Ryssdal about why it's hard to forecast the economy without historical data to compare.

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  • Mar 26, 2009

    Doom and gloom earplugs

    by Scott Jagow

    I've spent the last hour or so in an all-staff Marketplace editorial meeting. The topic for discussion was — are we striking the proper tone with…

  • Mar 25, 2009

    In defense of the toxic asset plan

    by Renita Jablonski

    Some on Wall Street are genuinely optimistic about the government's plan to buy toxic assets and get them off of bank balance sheets. Renita Jablonski talks to L.A. Times business columnist David Lazarus.

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  • Mar 25, 2009

    Pay up or your car won’t start

    by Scott Jagow

    Great story in the Wall Street Journal this morning about how used-car dealers are installing remote disabling devices inside vehicles. You get…

  • Mar 25, 2009

    Borrow to boost credit score?

    by Chris Farrell

    Question: Hi Chris: Thanks to you and Tess for your informative show. It's appointment radio for me on weekends. :)…

  • Mar 25, 2009

    Europe: U.S. spending ‘a way to hell’

    by Marketplace Staff

    European leaders are responding to President Obama's budget by brushing off Washington's pleas to match the U.S.'s level of stimulus spending. Christopher Werth reports U.K. ties may not help the U.S. now either.

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  • Mar 25, 2009

    New ways to curb old tech waste

    by Caitlan Reeg

    A House committee is looking at old electronics waste, which the EPA says is growing two to three times faster than any other kind. As Caitlan Carroll reports, this is largely because no one knows what to do with it.

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  • Mar 25, 2009

    Low-income student loan debts

    by Chris Farrell

    After our joint Marketplace/American Radio Works trip to Muncie to report on poverty, I suspected that the average cumulative student loan debt…

  • Mar 25, 2009

    Higher fees are good news for banks

    by Marketplace Staff

    Mortgage Bankers Association predicts refinancings will more than double this year to the tune of nearly $2 trillion, and that means plenty of processing fees. Amanda Aronczyk tells you how to tell you're getting a good deal.

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  • Mar 25, 2009

    Morning Reading

    by Scott Jagow

    Stocks are up, home sales are up, factory orders are up — there's a trifecta of maybe-I-can-get-out-of-bed news this morning. But let's wait…

  • Mar 25, 2009

    AIG exec resigns with a bang

    by Scott Jagow

    If you'd like to "meet" one of the AIG executives caught up in the bonus firestorm, you should read this resignation letter obtained by the New…

  • Mar 25, 2009

    Obama spending may be a hard sell

    by Marketplace Staff

    Budget committees in the House and Senate are working through President Obama's proposed spending plan to make sure things balance out. The president may struggle to reign in some Democrats to his side. Tamara Keith reports.

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  • Mar 25, 2009

    U.S., Mexico in simmering trade war

    by Dan Grech

    Secretary of State Hillary Clinton is visiting Mexico today on the heels of the country's decision to impose tariffs on 90 U.S. products. Dan Grech reports what prompted the move and why Secretary Clinton can't resolve the dispute.

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  • Mar 25, 2009

    Dear Mr. Liddy: I quit

    by Marketplace Staff

    AIG top executive Jake DeSantis wrote a biting letter of resignation to company CEO Edward Liddy. Read what he had to say.

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  • Mar 25, 2009

    Japanese exports fall by almost half

    by Scott Tong

    Japanese exports are down about 49 percent year over year, leaving the country's economy worse off than the U.S. in many ways. Marketplace's Scott Tong tells Bob Moon what or who is at fault for the market's freefall.

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  • Mar 25, 2009

    Too many cigarette butts to kick

    by Marketplace Staff

    Today is the 14th annual Kick Butts Day, and students across the country will highlight the health hazards of smoking. But they have a lot of work to do if they want to combat $13 billion in tobacco advertising. Danielle Karson reports.

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  • Mar 25, 2009

    Don’t provoke a cap-and-trade war

    by Marketplace Staff

    As Congress susses out details of a new climate bill, Energy Secretary Steve Chu is threatening trade sanctions on countries that don't comply with carbon regulation. Commentator Will Wilkinson says we can't fight other countries to enforce our will.

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  • Marketplace Morning Report for Wednesday, March 25, 2009

  • Marketplace for Wednesday, March 25, 2009

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  • Mar 25, 2009

    Obama makes case for spending plan

    by John Dimsdale

    In a prime-time press conference, President Obama defends the cost of his proposed budget, saying trillions of dollars in deficit spending will be required to grow the economy.

  • Mar 25, 2009

    Collateral calls

    by Paddy Hirsch
    Whiteboard Collateral calls
    Marketplace

    Millions of Americans are wondering why AIG has paid so much taxpayer money to other banks. One reason is because AIG has had to honor "collateral calls" — demands made by banks on the insurance contracts it's written. Senior Editor Paddy Hirsch explains,

  • Mar 25, 2009

    New powers for Tim and Ben?

    by Scott Jagow

    At the congressional hearing on AIG today, Treasury Secretary Tim Geithner and Fed Chairman Ben Bernanke both called for their institutions to have…

  • Mar 25, 2009

    Crumpled clothes foretell financial woes

    by Marketplace Staff

    Financial types aren't the only ones taking a measure of the bad economy. Dry cleaners have predictive tools of their own. Beth Teitell reports on the Crumple Index.

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  • Mar 25, 2009

    Letters: No slowdown in your opinions

    by Marketplace Staff

    Kai Ryssdal reviews your comments about AIG's infamous bonuses, the securitization industry, and suggested names for this recession.

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  • Mar 25, 2009

    New office crisis: Boomers won’t leave!

    by Marketplace Staff

    Many baby boomers who were planning to retire soon will have to hold off, due to the plummeting values of their retirement funds. Commentator Dan Drezner says this may make things worse for Generation X in the office.

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  • Mar 25, 2009

    Entrepreneur wires electronics in China

    by Marketplace Staff

    In a recession, it's hard for businesses to know how much stuff to keep on their shelves. So many big consumer electronics companies are turning to a global supply master to manage their inventory, in China. Scott Tong reports.

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  • Mar 25, 2009

    Is China’s global currency plan viable?

    by Jeremy Hobson

    China's central bank wants to replace the dollar as the global reserve currency with a new currency controlled by the International Monetary Fund. Would this proposal work? Jeremy Hobson reports.

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  • Mar 25, 2009

    Bank plan will work if the price is right

    by Ashley Milne-Tyte

    The Treasury Department's plan to rid banks of bad assets will shed light on the banks' balance sheets, but it could leave weak lenders in a precarious position. Ashley Milne-Tyte reports.

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  • Mar 25, 2009

    Housing slowdown is slowing down

    by Mitchell Hartman

    Housing values are falling, again. But from December to January, the housing market rose by 1.7%. So is the housing market up or down? Mitchell Hartman reports.

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  • Mar 25, 2009

    Can sweeping power clean this mess?

    by John Dimsdale

    At a House hearing, Treasury Secretary Timothy Geithner called for sweeping authority and more regulations to keep financial institutions in check. Kai Ryssdal speaks with Washington Bureau Chief John Dimsdale about Geithner's plans.

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  • Mar 25, 2009

    The Big Bad Web

    by Scott Jagow

    Today, China's Foreign ministry said it is not afraid of the Internet, even though Google says for some reason, people in China haven't been able…

  • Mar 24, 2009

    Geithner calls for sweeping authority

    by Marketplace Staff

    At a House committee hearing, Treasury Secretary Timothy Geithner called for expanded authority to take over financial institutions considered at risk of destabilizing the economy. Tamara Keith reports.

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  • Mar 24, 2009

    The financial WMD’s

    by Scott Jagow

    Last week, I asked What's on your mind?, in hopes of finding out what's perplexing you, what questions aren't being answered, what issues aren't…

  • Mar 24, 2009

    What inflation?

    by Chris Farrell

    James Montier is an economist and global strategist, and very smart. In a recent newsletter on inflation and deflation he looked at TIPS, Treasury…

  • Mar 24, 2009

    Workers could join unions more easily

    by Janet Babin

    A bill before Congress called The Employee Free Choice Act would make it easier for workers to join unions. Most businesses oppose this bill, but three major retailers are working on a compromise. Janet Babin reports.

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