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Every story is an economic story
  • May 30, 2009

    Final week: 30-day financial makeover

    by Marketplace Staff

    A month ago, Gail George signed up to have us track her finances for 30 days. In her final week of tracking, we welcome credit counseler Gail Cunningham to analyze George's spending and advise on her next steps in starting a savings fund.

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  • May 30, 2009

    Buying a home

    by Chris Farrell

    Question: My wife and I are considering buying a house but don't really know where to begin. We've spent the past few years rebuilding our credit…

  • May 30, 2009

    Day in the Work Life: Magician

    by Judith Ritter

    Gary Flesher (aka Glenn Gary), a professional full-time magician, talks about what it's like to make a living through trickery.

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  • May 30, 2009

    Bracing for hurricane season

    by Dan Grech

    The cost of hurricane insurance has been sky high since Katrina ravaged the South in 2005. Some homeowners even have to forego insurance because it is unaffordable. Dan Grech reports from Miami about how people are coping.

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  • May 30, 2009

    It pays to live within your means

    by Marketplace Staff

    The birth of a new daughter motivates a family to be more proactive in handling their finances. Cathy Duchamp reports.

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  • May 30, 2009

    Every new beginning…

    by Scott Jagow

    Time once again for my weekly podcast, After the Bell, where I try to make sense of what happened in business and the economy. As I thought about…

  • May 30, 2009

    Are low, low mortgage rates over?

    by Scott Jagow

    Yesterday, I mentioned how the bond market was affecting the stock market. Well, of course, it also affects the housing market. This week,…

  • May 30, 2009

    Getting Personal

    by Chris Farrell and Tess Vigeland
    Getting Personal
    Marketplace

    Tess Vigeland and economics editor Chris Farrell answer listeners' pressing questions about starting a new business, social security stimulus checks and buying a home right before it goes into foreclosure.

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  • May 30, 2009

    Dave Ramsey talks debt-free living

    by Marketplace Staff

    Paying off debt can be very difficult, but it's not impossible. Tess Vigeland talks to Dave Ramsey, author of "Total Money Makeover," about how to get rid of debt forever.

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  • May 30, 2009

    Straight Story

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

    Tess Vigeland and economics editor Chris Farrell talk about whether it's risky to take a vacation in such a tumultuous economic climate.

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  • May 30, 2009

    Good credit not immune to cuts

    by Stacey Vanek Smith
    Avis Durgan and Jeff Stevenson
    Stacey Vanek-Smith

    Banks continue to cut credit lines, even for people with almost perfect credit histories. Stacey Vanek-Smith talks to one couple caught in their bank's blanket credit policy.

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  • May 29, 2009

    Home appraisal sites track decline

    by Tess Vigeland
    A foreclosed house for sale in Los Angeles.
    Robyn Beck, AFP/Getty Images

    Web sites that estimate housing value are all over the Internet, but what good do they do? Tess Vigeland talks to Nic Retsinas, director of Harvard's Joint Center for Housing Studies, about what role these sites play in the housing market.

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  • May 29, 2009

    How to get your goat

    by Scott Jagow

    Like all car companies, Mitsubishi is staying up nights trying to figure out how to actually sell cars. In New Zealand, Mitsubishi has come up…

  • May 29, 2009

    Social media gets the job done at work

    by Marketplace Staff

    In many workplaces, watching YouTube or browsing Facebook is a no-no. But some companies like IBM are starting to encourage employees to use social media while on the job. Devin Dwyer reports.

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  • May 29, 2009

    Weekly Wrap: GM’s bondholders, bonds

    by Marketplace Staff

    Reuters blogger Felix Salmon and freelance finance writer Heidi Moore talk with Kai Ryssdal about GM's bondholder offer and the interesting action in the bond market this week.

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  • Sen. Edward Kennedy is circulating a draft of his health care reform plan. Reporter Steve Henn talks with Kai Ryssdal about how much it will cost, what people are saying about it, and what comes next for the measure.

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  • May 29, 2009

    Malawi finds economic success

    by Gretchen Wilson

    Africa's reputation may bring to mind starving children or civil wars. Not political stability or economic growth. But one country is shaking off its old reputation. Gretchen Wilson reports.

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  • May 29, 2009

    Starbucks brews up rent reduction

    by Amy Scott

    Starbucks is trying to cut costs, negotiating with some landlords to reduce rent for its stores by as much as 25 percent. Amy Scott reports.

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  • The FDIC says it will stop weak banks from luring customers with interest rates that exceed the going market rate. As Janet Babin reports, it could save a lot of money in the long run.

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  • May 29, 2009

    Are we at the bottom yet?

    by Kai Ryssdal

    Trying to figure out if we've reached the bottom seems to be every pundit's new favorite game. Kai Ryssdal reviews where we stand in the housing, manufacturing, and banking industries.

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  • May 29, 2009

    Less bad GDP is good

    by Steve Chiotakis

    How anticlimactic is the revised GDP number? Not that much, says Sam Stovall, Chief Investment Strategist at S&P Equity Research in New York. He talks to Steve Chiotakis.

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  • May 29, 2009

    What’s the word?

    by Scott Jagow

    In one word, how are you feeling about the economy today? I ask because the New York Times has a new feature which allows you to enter one word…

  • This could be a financial boon to a number of retirees. Many older people on Social Security have been forced by the bear market to go back to work…

  • May 29, 2009

    Morning Reading

    by Scott Jagow

    Let's start with a small piece of good news. The economy's performance in the first quarter wasn't as bad as first estimated. GDP fell at a 5.7%…

  • A meeting in Berlin today will determine which company Germany prefers for GM Europe. But Fiat says it's getting fed up with Gemrany's unreasonable financial demands. Stephen Beard reports that may help the other guy may win.

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  • A new multibillion-dollar nuclear facility fusion could bring us closer to the reality of carbon-free energy. But some say even if we bring the technology closer, it may already be too late. Sam Eaton reports.

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  • May 29, 2009

    China can handle product placement

    by Scott Tong

    Ugly Wudi premiered in China last fall to huge ratings — and even bigger product placement. But experts say Western marketers aren't committing a faux pas as far as Chinese viewers are concerned. Scott Tong reports.

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  • May 29, 2009

    Germany needs more than exports

    by Marketplace Staff

    Last year, Germany shipped out $1.3 trillion worth of goods, which is more than China. So the collapse in international demand has hit its export industry hard. Brett Neely explores how poor sales have affected the country.

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  • May 29, 2009

    For gold diggers, prospects are slim

    by Rico Gagliano

    Gold prospecting has become a popular thing to do in Southern California, even if just for fun. But even though the yields are meager, the process of mining for them is illegal in some areas. Rico Gagliano reports.

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  • May 29, 2009

    U.S. lags in protecting vital cyber info

    by John Dimsdale

    President Obama announces a new government plan today to identify cyber threats and protect vital information from hackers, like military secrets and operating the U.S. electricity grid. John Dimsdale reports explores why we're particularly vulnerable.

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  • May 29, 2009

    Chrysler plan will likely meet appeals

    by Marketplace Staff

    Chrysler is back in court after a marathon session last night. But some creditors and dealers are objecting strongly to the reorganization plan, and appeals look evident. Tamara Keith reports.

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  • Marketplace Morning Report for Friday, May 29, 2009

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  • Marketplace for Friday, May 29, 2009

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  • May 29, 2009

    Health Savings Accounts

    by Chris Farrell

    Question: I'm in the market for an HSA. Any suggestions on how to shop around and find the best provider? There are so many, it gets confusing….

  • May 29, 2009

    On stocks and bonds (and oil)

    by Scott Jagow

    If you're wondering what's driving the stock market right now, all you have to do is look at the bond market. Yesterday, stocks took a dive…

  • May 29, 2009

    It’s in the cards

    by Scott Jagow

    I found a fun new site where people are posting their old business cards — the ones they could've thrown away when they lost their job. Instead,…

  • May 29, 2009

    Investment bankers: CIA wants you

    by Steve Henn

    The CIA is recruiting investment bankers and other Wall Street types. If they can pass a few hurdles, the financial whizzes will work on tracking economic threats to national security. Steve Henn reports.

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  • May 29, 2009

    Loss may swish away Kobe-LeBron ads

    by Marketplace Staff

    If the Cleveland Cavaliers are bounced out of the NBA playoffs, Nike and Glaceau VitaminWater are out of luck. The brands have been hyping a Kobe Bryant-LeBron James match-up. Joel Rose reports on why advertisers love a good rivalry.

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  • May 29, 2009

    Celeb tweets help push Anvil to success

    by Marketplace Staff

    Claude Brodesser Akner, L.A. bureau chief for Advertising Age, talks with Kai Ryssdal about how heavy metal band Anvil managed to rock its way to the top through a documentary and support from a cable channel, celebrities and Twitter.

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  • May 29, 2009

    Diagnosis for Mass. health care: Pricey

    by Janet Babin

    Since Massachusetts reformed its health care system in 2006, it's achieved almost universal insurance coverage. But a new study says the overhaul is being undermined by rising costs and other issues. Janet Babin reports.

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  • May 29, 2009

    Why Time Warner-AOL merger failed

    by Bob Moon

    Time Warner and AOL are calling it quits, ending a disastrous partnership. Bob Moon reports on why this media marriage didn't work out.

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  • May 29, 2009

    What Chrysler needs after bankruptcy

    by Amy Scott

    Just a month after it filed for bankruptcy, Chrysler is wrapping up the proceedings — much sooner than most observers anticipated. But now comes the hard part. Amy Scott reports.

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  • May 28, 2009

    Why GM gave bondholders better deal

    by Marketplace Staff

    Analyst and management professor Peter Cohan talks with Bill Radke about why GM offered its bondholders a new deal and if a quick bankruptcy will help more people keep their jobs.

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  • May 28, 2009

    A look at GM’s new bondholder offer

    by Marketplace Staff

    Plunkett Cooney bankruptcy attorney Doug Bernstein talks with Bill Radke about the new offer GM made to its bondholders.

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  • May 28, 2009

    Why bondholders took GM’s new offer

    by Marketplace Staff

    Doug Foreman, director of equities at Highmark Capital, talks with Steve Chiotakis about how GM's new bondholder offer might change the game and why bondholders took the automaker's offer.

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  • May 28, 2009

    Spy versus Tie

    by Scott Jagow

    Guess where the CIA is making its latest recruitment push? Wall Street. The New York Post says says the agency has started advertising on…

  • May 28, 2009

    Will you Bing it?

    by Scott Jagow

    Microsoft gave us the name of its new search engine today. Bing. It'll be up and running by next Wednesday at bing.com. Don't bother clicking. …

  • May 28, 2009

    Weighing the risk of investing in states

    by Sarah Gardner

    There are fears the state of California could default on its debts. But would investors from other places be interested in the debt, given all the risk? Sarah Gardner says yes, and explains why.

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  • May 28, 2009

    GM bondholders change their mind

    by Scott Jagow

    Yesterday, they said no way, we're not taking a 10% stake. Today, bondholders are apparently okay with 10%, plus a little sweetner. GM has struck…

  • May 28, 2009

    Morning Reading

    by Scott Jagow

    I found it amusing, in more ways than one, that the soccer team with UNICEF on its jersey trounced the one with AIG on its jersey (FC Barcelona…

  • Before the talks began, GM revealed it needed an extra $400 million in cash to keep Opel going, which outraged German officials. Bill Radke asks European correspondent Stephen Beard why and what this boils down to for the companies involved.

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  • May 28, 2009

    Public plans pressure private pricing

    by Marketplace Staff

    In the push for health care reform, the details for how a public plan would work are still a bit hazy. But one line of reasoning says the government could save billions by undercutting prices. Steve Henn reports.

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  • Global electricity use is expected to fall this year for the first time since World War II. The plus side: less energy means less CO2 in the atmosphere. But Sam Eaton reports why the recession may pave the way for a dirtier future.

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  • May 28, 2009

    Bottom, bottom, where is the bottom?

    by Chris Farrell

    We have many economic barometers to help us figure out what's going on with the economy, but data points in different directions. Steve Chiotakis puts it all into perspective with economics correspondent Chris Farrell.

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  • May 28, 2009

    Investors yield to inflation concerns

    by Jeremy Hobson

    The Treasury Department is looking to sell $26 billion in government bonds today. It's the third Treasury auction this week. Jeremy Hobson reports inflation and the federal deficit are big concerns amidst investors.

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  • May 28, 2009

    Visteon bankruptcy wasn’t unexpected

    by Marketplace Staff

    Auto parts maker Visteon has $4.5 billion assets, but is $5.3 billion in debt. Ford will back Visteon through its bankruptcy filing. Tamara Keith talks to Steve Chiotakis about what the company will see in the coming months.

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  • Marketplace Morning Report for Thursday, May 28, 2009

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  • Marketplace for Thursday, May 28, 2009

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  • May 28, 2009

    A college savings plan?

    by Chris Farrell

    Question: We are in our 30's with three kids ages 7 and under. We live simply and have been able to get by on our income around $24,000 per year,…

  • May 28, 2009

    Girlfriends have an economic plan

    by Scott Jagow

    A group called The Nation's Girlfriends unveiled its own economic recovery plan before Congress today. They say it could save the country $220…

  • May 27, 2009

    How U.S. became a bailout nation

    by Marketplace Staff

    Author Barry Ritholtz talks with Kai Ryssdal about his new book "Bailout Nation" and why he believes the U.S. is giving out too much money to support failing businesses.

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  • May 27, 2009

    Sotomayor not a justice for these times

    by Marketplace Staff

    The road for Supreme Court nominee Sonia Sotomayor to become a justice is just beginning. Commentator David Frum says she's not a justice for these times. And she's not the only one.

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  • May 27, 2009

    Interest groups battle over Sotomayor

    by Steve Henn

    Supreme Court nomination battles often give rise to big advertising and lots of cable chatter. As Steve Henn reports, that may be because some institutions have a big interest in egging on the fight.

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  • May 27, 2009

    High-end retailers ‘pop up’ then go bye

    by Marketplace Staff

    Pop-up stores open up quickly and only for a few months. Target uses them regularly, and now high-end retailers like Hermes are getting in on the game. Sally Herships reports on this new trend.

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  • British Prime Minister Gordon Brown is promising to punish lawmakers in his party for questionable parliamentary expenses. The controversy has erupted into a major political crisis, and may bring big reforms. Stephen Beard reports.

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  • Bank of America and Citigroup are mulling raising the base pay for investment bankers in response to lost income over bonus limitations. Bob Moon reports.

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  • May 27, 2009

    What government stake in GM means

    by Marketplace Staff

    Micki Maynard from the New York Times speaks with Kai Ryssdal about the latest potential plan for troubled automaker GM, which has the Treasury Department owning 70% of the company if it declares bankruptcy.

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  • May 27, 2009

    Why bondholders have so much power

    by Amy Scott

    First it was Chrysler, and now it looks like GM is headed to bankruptcy. In both situations bondholders have had significant power deciding the fate of the company. Why? Amy Scott reports.

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  • May 27, 2009

    The other Detroit

    by Scott Jagow

    Not everything about business in Detroit is as bleak as GM and Chrysler. I just read about a program launched in inner city Detroit this year that…

  • May 27, 2009

    Does this mean bankruptcy for GM?

    by Bill Radke

    Bill Radke talks to Doug Bernstein, bankruptcy attorney with Plunkett Cooney in Bloomfield Hills, Mich., about GM bondholders rejecting the offer to exchange debt for GM stock.

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  • May 27, 2009

    Small banks vs big ones

    by Scott Jagow

    We got an update today on the health of the banking system. The FDIC said overall, US banks made $7.6 billion in profit for the first quarter,…

  • May 27, 2009

    Markets react to GM

    by Steve Chiotakis

    Steve Chiotakis talks to Bill Stone, Chief Investment Strategist at PNC Wealth Management in Philadelphia, about the market's reaction to GM's news this morning.

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  • May 27, 2009

    Hotel won’t resort to lower prices

    by Marketplace Staff

    The management at the Four Seasons Aviara in San Diego is in a dispute with the resort's owners over improving business. Owners don't want to lower prices at the risk of diluting the brand. Joel Rose reports.

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  • May 27, 2009

    What’s that? A VAT?

    by Scott Jagow

    One of the more controversial political grenades has always been a national sales tax. But in these extreme economic times, nothing is off the…

  • May 27, 2009

    How the government will help GM

    by Dan Grech

    Steve Chiotakis talks to Dan Grech about what happened — or what didn't happen — with the deal between GM and bondholders, and what the government will do as a major hands-off stakeholder in the company.

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  • May 27, 2009

    Mickey D’s in pressure cooker over eggs

    by Sarah Gardner

    Activists are egging on McDonald's to buy its eggs from cage-free suppliers. As the largest egg-buyer in the country, the company is lagging behind other fast food chains that have begun purchasing cage-free eggs. Sarah Gardner reports.

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  • May 27, 2009

    GM boggles the mind

    by Scott Jagow

    It's hard to comprehend what's happening with this car company. I don't know what's going on behind closed doors, but to the public, the outcome…

  • May 27, 2009

    Morning Reading

    by Scott Jagow

    It looks almost impossible for GM to avoid bankruptcy, now that bondholders have rejected a government offer that would keep the company on life…

  • Oil minister Ali Naimi says that global demand for crude is picking up, but analysts say we're not seeing much higher consumption, just higher storage. Stephen Beard reports prices could drop if world oil storage runs out.

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  • May 27, 2009

    Mini luxuries can mean big payoff

    by Jennifer Collins

    Luxury brands are finding it profitable to think small for products ranging from cigars to perfume bottles. Jennifer Collins reviews some of last year's successful launches and why they sold so well.

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  • May 27, 2009

    Olympics could be a win for Chicago

    by Steve Chiotakis

    If Chicago gets to host the 2016 summer games, President Obama would step in to help. Natalie Moore reports, and Steve Chiotakis talks to professor Stefan Szymanski from the Cass School of Business in London.

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  • May 27, 2009

    Will search engine Bing success?

    by Bob Moon

    "Google" has evolved from a company name to a verb synonymous with search engine success. To enjoy a little of that success, Microsoft is spending $100 million ad dollars on "Bing," its new search name. Bob Moon reports.

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  • May 27, 2009

    Bondholders to GM: No deal

    by Dan Grech

    General Motors formally ended its debt for equity swap plan that was supposed to clear a good chunk of $27 billion in debt, leaving it a step closer to bankruptcy. Steve Chiotakis talks to Michigan Radio's Tracy Samilton.

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  • Marketplace Morning Report for Wednesday, May 27, 2009

  • Marketplace for Wednesday, May 27, 2009

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  • May 27, 2009

    Buy a home soon?

    by Chris Farrell

    Question: My girlfriend and I want to buy a house soon. My credit is great, I have no debts, but I have been unemployed living on my savings since…

  • May 27, 2009

    Zero interest… for years

    by Scott Jagow

    Those Fed meetings we used to watch so closely because of interest rate decisions may be pretty uneventful for a long time. A top Federal Reserve…

  • May 26, 2009

    A green trade war over climate change

    by John Dimsdale

    Congress is debating a climate change bill to limit greenhouse gas emissions. But it would impose extra costs on U.S. companies foreign competitors may not have to bear. John Dimsdale reports on a potential green trade war.

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  • May 26, 2009

    Chinese seeking foreign brands is good

    by Marketplace Staff

    Chinese companies have been taking advantage of low valuations by buying up natural resources. Now Chinese investors are buying a minority stake in the Cleveland Cavaliers, and commentator Shaun Rein says that's a good thing.

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  • May 26, 2009

    A way to make drugs for poor countries

    by Marketplace Staff

    A public-private venture with funding from the Bill and Melinda Gates Foundation is being used to test a potential malaria vaccine. The collaboration may provide a viable business model for developing drugs for poor countries. Megan Williams reports.

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  • The German government will hold a meeting to decide which bidder will acquire Opel, the troubled German subsidiary of General Motors. Stephen Beard reports.

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  • May 26, 2009

    Swine flu yields bad news for farmers

    by Janet Babin

    Farmers in the Southeast are worried they won't have enough help from seasonal migrant workers due to fallout from the swine flu. Janet Babin reports.

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  • May 26, 2009

    Is the bottom near for housing market?

    by Marketplace Staff

    Home prices continue to drop. Analysts say without major economic recovery the market will continue plummeting. Tamara Keith reports on whether the bottom is even in sight.

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  • May 26, 2009

    Banks use rules to their advantage

    by Marketplace Staff

    Deciding how to regulate the financial system may be difficult thanks to complications like the purchase accounting rule, which makes bank earnings look sweeter than they otherwise would. Jeremy Hobson reports.

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  • May 26, 2009

    Why is consumer confidence up?

    by Amy Scott

    The Conference Board reports that last month consumer confidence hit its highest levels since September. New York bureau chief Amy Scott talks with Kai Ryssdal about why consumers are so optimistic.

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  • May 26, 2009

    Scientology on trial in France

    by Scott Jagow

    The US considers Scientology a religion and gives it tax-exempt status. France considers Scientology a dangerous, money-grubbing sect that preys…

  • May 26, 2009

    A new judge of the marketplace?

    by Marketplace Staff

    What could Sonia Sotomayor's Supreme Court nomination mean to businesses, labor and investors? Bill Radke talks to law professor Donald Langevoort.

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  • May 26, 2009

    Loan modifications for homeowners

    by Dan Grech

    The Obama administration has been looking to loan modifications to help some homeowners stay in their homes if they run into trouble. But a new report suggests they aren't stopping defaults. Dan Grech reports.

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  • May 26, 2009

    If you’re happy and you know it…

    by Scott Jagow

    The number of the day is consumer confidence. The Conference Board says its Consumer Confidence Index shot up 14 points in May to 54.9. It was 40…