Marketplace®
Every story is an economic story
  • Marketplace Money host Tess Vigeland and MSN's Kathy Kristof answer listener questions. On tap this week: An unmarried couple splitting the finances, renting a condo to your children and helping a parent deal with his spotty finances.

  • What would you do if you walked into an A&W Root Beer — and they said they were out of root beer? Or, if you stopped by a KFC that was out of chicken? Well, we know one economist who recently experienced both. Host Tess Vigeland talks to Freakonomics correspondent Stephen Dubner about the economic theory behind bad customer service.

  • Oct 9, 2010

    Tax exempts for savings

    by Chris Farrell

    Question: I'm 58 and hope to partially retire in about 3 years and work part time as an ICU physician until I'm 66 at which time I'll draw a…

  • Tess Vigeland and Marketplace Money's senior producer Deborah Clark go through the mailbox, inbox, voicemail and Facebook page for listener responses to recent stories.

  • A foreclosure sign hangs in front of a home for sale.
    Joe Raedle/Getty Images

    The housing crisis just hit another obstacle with the halt of foreclosures in nearly of the nation. Tess Vigeland talks to Nic Retsinas, director of Harvard's Joint Center for Housing Studies, about details of what's happened in the housing economy and what's to come.

  • Every month, Microsoft puts out a set of patches to cover security flaws in its software. The one dropping this Tuesday is a whopper. Ars Technica…

  • Although some banks have just announced they're temporarily halting foreclosures, many homeowners are still in trouble and in need of answers. A non-profit group in L.A. tries to help.

  • Oct 9, 2010

    Don’t give in to those hidden fees

    by Chris Farrell

    Fees — many of them hidden — are everywhere these days. But that doesn't mean we have to give in to them. It pays to be a fee hawk, says commentator Chris Farrell, and it's time the government helps us out too.

  • Oct 9, 2010

    The changing attitude about prepaid debit cards

    by Stacey Vanek Smith
    Visa credit card in wallet
    David Paul Morris/Getty Images

    As trust in banks falters and Americans try to budget their costs, many are turning to prepaid debit cards, where they can put up the money upfront and watch what they spend. But are they really a better alternative to credit cards?

  • Housing market bar graph
    iStockPhoto

    It's no question that the housing bubble has created a huge effect on the housing economy today. But what would have happened to home prices if that bubble never happened? Robert Shiller of the S&P Case-Shiller index offers some insight.

  • Oct 9, 2010

    Playlist: Going backstage

    by Chau Tu

    Posted by Chau Tu…

  • Oct 9, 2010

    Freakonomics Radio: Where are the runs?

    by Marketplace Staff

    Kai Ryssdal talks to Stephen Dubner, co-author of "Freakonomics" and "Superfreakonomics" about why runs are on the decline in baseball. It's probably not what you expect.

  • Posted by Chau Tu…

  • Rico Gagliano and Brendan Newnam talk to Marketplace staffers about Costco's survivalist, or ultimate lazy grocery shopper, deal; clowns defending their image; and babies on the Internet, even while in utero.

  • Oct 8, 2010

    The French do get off their derrieres

    by Marketplace Staff

    Professor Robert Zaretsky tells Kai Ryssdal that the French are productive — in spite of all the strikes. It's just that Americans don't understand the French perspective on work and living.

  • Oct 8, 2010

    College educated more likely to marry

    by Janet Babin

    Marriage overall has declined, but a new study finds that people without college degrees are delaying marriage, whereas more of their bachelor's-holding counterparts are tying the knot, in a reversal of marriage trends.

  • Oct 8, 2010

    Weekly Wrap: The housing crisis

    by Marketplace Staff

    Kai Ryssdal talks to the Wall Street Journal's Sudeep Reddy and CNBC's John Carney about the latest on foreclosures and the housing market.

  • Oct 8, 2010

    Giving TV and movie props a second chance

    by Marketplace Staff

    It took a lot of stuff to create the world of a woman in search of herself in "Eat, Pray and Love" or the judging room of "America's Next Top Model." After wrap, many props are thrown away, but some entrepreneurs are saving props and re-selling them.

  • Oct 8, 2010

    Can the Fed help fix the economy?

    by Stacey Vanek Smith
    U.S. bonds.
    iStockPhoto

    The Fed may jump in and try to help speed the recovery — some think the Fed's next move is to buy more bonds. Marketplace's Stacey Vanek Smith takes a look at what could happen if the Fed did just that.

  • If you take a closer look at the jobs added in September to keep the unemployment rate steady, many of the jobs are low-paying, temporary jobs — not exactly the jobs of a recovery.

  • The New Jersey governor's decision to pull funding from the New York-New Jersey commuter rail may give some temporary relief, but it also may have a negative long-term impact for both New Jersey and New York City.

  • Oct 8, 2010

    Playlist: More job losses in September

    by Daryl Paranada

    Posted by Daryl Paranada…

  • Gadget stories can sometimes be tedious but not when the gadget allows people to walk. Berkeley Bionics unveiled E-legs at an event yesterday. It's…

  • But it's a different Justin Bieber. A guy with the same name as the teen pop star says he has had his Facebook account deleted without warning or…

  • So we know Facebook set up this new thing where you can make groups and sort your friends into those groups. The idea is that you can keep your…

  • This morning, the Labor Department said federal, state and local governments cut more jobs than the private sector created. Non-farm employment…

  • Oct 8, 2010

    VIDEO: No glee in trade war

    by Bill Radke

    All the week's business news in a 60-second poem. This week: A less-than-sunny jobs report, Japan slashes its interest rate, a trade war may be brewing, foreclosures, and the Beatles have fewer hits than Glee.

  • Gold prices keep reaching new heights. One reason for the rise? The World Gold Council said that for the first time in decades, central banks — the Federal Reserves of the world — are buying more of the stuff overall than they're selling. Amy Scott reports.

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  • Marketplace Tech Report for October 08, 2010

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  • Oct 8, 2010

    U.S. Marines go green in Afghanistan

    by Molly Wood

    The war in Afghanistan has cost a lot of lives and money. In an effort to save both, Company I of the Third Battalion, Fifth Marines is conducting an experiment using renewable energy technology like solar panels and LED lights, and training Marines to operate it. The idea is to cut back on the the risk and expense of transporting fossil fuels across Afghanistan.

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  • Oct 8, 2010

    4th most populous country by 2050?

    by Stephan Richter

    By the year 2050, the world's three most populous countries will be India, China and the United States. Which country will be home to the world's fourth largest population by mid-century — Nigeria, Indonesia, Bangladesh or Pakistan? The Globalist's Stephan Richter quizzes Bill Radke.

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  • A new study from the Migration Policy Institute shows how the Great Recession is shaping immigration worldwide. Reporter Eve Troeh talks with Bill Radke about the study's findings and what's happening to immigrants already living in the U.S. and EU.

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  • Bond ratings agency Moody's is reviewing China's government bond rating for a possible upgrade. Rob Schmitz reports.

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  • Oct 8, 2010

    Russia seeks U.S. help in modernizing

    by Marketplace Staff

    The Russian economy has boomed over the past decade, but U.S. firms have been slow to take advantage. The White House says our trade with Russia is about the same as with Thailand, a country with an economy a fifth of the size of Russia's. But things may finally be on the move. Peter van Dyk reports.

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  • Oct 8, 2010

    FTC plans new green marketing rules

    by Marketplace Staff

    The FTC has proposed new guidelines to clarify confusion about what is and isn't eco-friendly. Sustainability reporter Adriene Hill talks with Steve Chiotakis about what the rules may change and what will happen to companies who overstates their products' environmental friendliness.

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  • Oct 8, 2010

    IMF to talk currency at annual meeting

    by Stacey Vanek Smith
    The International Monetary Fund seal at the IMF in Washington, D.C.
    Brendan Smialowski/AFP/Getty Images

    The annual meeting of the International Monetary Fund in Washington will soon take place. One of the big issues they're tackling: currency. Stacey Vanek-Smith reports.

  • Oct 8, 2010

    BlackBerry maker RIM, UAE reach deal

    by Rebecca Singer

    The threat of a BlackBerry ban in the United Arab Emirates has been hanging over the smartphone's maker since the summer. The UAE government said it had security concerns because the Blackberry couldn't be cracked. But it's now agreed a deal with Blackberry maker RIM.

  • Marketplace for Friday, October 8, 2010

  • Marketplace Money for October 8, 2010

  • Marketplace Morning Report for Friday, October 8, 2010

  • Oct 8, 2010

    A mortgage in retirement?

    by Chris Farrell

    Question: When we decided to downsize, we put our 9 rooms 4 bedrooms home up for sale in June. It sold in just a couple of days. This was…

  • Oct 8, 2010

    U.S. sheds 95,000 jobs in September

    by Jill Schlesinger

    The Labor Department said the U.S. economy lost 95,000 jobs last month. How bad is this report? Jill Schlesinger, editor-at-large at CBS MoneyWatch, talks with Steve Chiotakis about the latest figures and what we can do to juice the economy.

  • Oct 8, 2010

    So My Cell Phone’s Not a Killer?

    by Megan Larson

    Do you remember the post we ran in May about how cell phones are likely responsible for mass honey bee death? Well, our phones have been pardoned….

  • Oct 8, 2010

    Is that game worth watching?

    by Kai Ryssdal

    This final note today. A true story: I was on my way home last night, listening to my public radio station, when the local All Things Considered…

  • On tomorrow's show, we talk to the good folks at the indispensable Know Your Meme site about the phenomenon of Smiling Cigar Guy. …

  • (This article first appeared in Good Luck With That magazine*)…

  • Oct 8, 2010

    Yahoo tinkers with search

    by John Moe

    The search war would seem to have been won by Google long ago but the battles range on nevertheless. In Yahoo's case, there is still plenty of…

  • This election season, many businesses are donating through outside interest groups. Why not donate directly to their chosen candidate or cause? Marketplace's Nancy Marshall Genzer reports.

  • Commentator Susan Athey says a big job gold mine that's being passed over is search engine optimization for businesses.

  • Oct 8, 2010

    For you, my friend, a special price

    by Rob Schmitz

    It's an accepted fact that as a foreigner in another country, you may get taken advantage of. The "foreigner price" may a price you can take or you can always walk away. Not always the case with businesses operating in foreign countries.

  • Health and anti-hunger advocates are divided over New York Mayor Michael Bloomberg's proposal to prevent food stamps from being used on sodas and other sugary drinks

  • Many companies are sitting on piles of cash. They aren't hiring, so what are they doing with that money? Buying up their own stocks.

  • And hence doesn't have the right to issue foreclosure notices. The MERS system, which stores mortgage data electronically, is being scrutinized by home owners who are wondering why their foreclosure notices are invalid.

  • Posted by Chau Tu…

  • Fort McMurray, Alberta may be the only town that breathed a sigh of relief when the recession came. Fort McMurray is a modern day boomtown that's struggling to keep up with near 10 percent a year growth and the flood of money from the nearby oil sands.

  • Yesterday, word came out that Facebook had been granted a patent that essentially made them out to be the inventors of "Systems and methods for…

  • Oct 7, 2010

    Playlist: Firms not spending to hire

    by Daryl Paranada

    Posted by Daryl Paranada…

  • Oct 7, 2010

    A look at jobless claims, currencies

    by Marketplace Staff

    Claims for unemployment benefits fell last week by 11,000. Economist Diane Swonk of Mesirow Financial talks with Bill Radke how good that number is and whether she is concerned about countries competing to stimulate their own economies.

  • U.S. companies have more cash on hand than they have in a while. They're using it for buying each other, buying their own stock… everything, it…

  • Marketplace Tech Report for October 07, 2010

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  • Oct 7, 2010

    Google and Apple want your TV

    by Molly Wood

    Big tech companies are not satisfied to just be on your computer or phone. They want to go where you really spend time — on your TV. We take a look at the emerging Google TV technology as well as the recently released Apple TV. We also give you an update on new Facebook features and talk about how people are cheating their way through an English hedge maze.

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  • U.S. companies have more money on hand than they have had in a while. But, they're not using it to give you a job. Why? Reporter Eve Troeh talks the details with Bill Radke.

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  • Oct 7, 2010

    Late gov’t payments hurt nonprofits

    by Nancy Marshall-Genzer

    States are leaning on nonprofits more and more in this economy for all kinds of services — public safety, housing, food assistance. But a new report says cash-strapped states aren't paying the nonprofits on time. Nancy Marshall Genzer reports.

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  • Oct 7, 2010

    Unemployment: Cyclical or structural?

    by Marketplace Staff

    How will the U.S. unemployment rate come down? Economists are debating that very question. Economics editor Chris Farrell talks with Bill Radke about why some economists are saying that unemployment isn't cyclical, it's structural.

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  • A new U.K. government report says a couple of things could very well go up soon — contributions to retirement and the overall retirement age. Europe correspondent Stephen Beard talks with Steve Chiotakis about what changes pensioners in the U.K. face.

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  • Oct 7, 2010

    The last man at Northwest Plaza mall

    by Marketplace Staff

    At one point Northwest Plaza Mall in St. Louis was one of the largest in the region, home to some 200 shops. These days the mall sits empty, but for one last store. And when Mike Bartel's one-man shoe repair shop closes its doors later this month it will mark the death of one more American mall. Adam Allington has his profile.

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  • Oct 7, 2010

    Developing nations focus on smoking

    by Phil Mercer

    Smoking kills millions of people each year. And now public health experts from 41 countries in the Asia-Pacific region want to fight back. They're meeting in Australia to look at ways to take on the tobacco industry. The BBC's Phil Mercer reports.

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  • The Justice Department is looking into whether banks have been improperly foreclosing on properties and evicting the owners. Ally Financial, JPMorgan Chase and Bank of America have halted foreclosures in 23 states while they try to figure out whether legal paperwork is in, in fact, legal. What will the freeze will do to the real estate market? Alisa Roth reports.

  • Oct 7, 2010

    No soda with those foods stamps

    by Marketplace Staff

    New York City Mayor Michael Bloomberg wants to ban the use of food stamps to buy sugary beverages, in a test plan he says would take two years. Reporter Eve Troeh talks with Bill Radke about why this is an important issue for the mayor and whether it would work.

  • Marketplace Morning Report for Thursday, October 7, 2010

  • Marketplace for Thursday, October 7, 2010

  • The ambitious Happy Planet Index hopes to bring the lives of everyone on the planet into a perspective that balances what's most important to our…

  • Oct 7, 2010

    Uncle Ben goes shopping

    by Paddy Hirsch
    The Federal Reserve is trying to stimulate the economy by buying billions dollars of bonds from banks. Senior Editor Paddy Hirsch explains how that's supposed to work.
    Marketplace

    The Federal Reserve is trying to stimulate the economy by buying billions of dollars worth of bonds from banks. Senior Editor Paddy Hirsch explains how that's supposed to work.

  • Oct 7, 2010

    Break into the 529?

    by Chris Farrell

    Question: Thinking about closing my 529 Savings that has about $8500 in it right now. I put $50 a month. My thoughts were the same as one of the…

  • Oct 7, 2010

    Did you pay your firefighting fee?

    by Kai Ryssdal

    This final note today, one that is sadly not ripped from the pages of The Onion. For want of a $75 fee, the Cranick family of Obion County, Tenn….

  • Posted by Chau Tu…

  • Mexico sold $1 billion worth of its newly issued 100-year bond — which indicates optimistic, very very long-term investors.

  • The Conservative Party of the UK's coalition government has been keeping its word about an immigration cap. But London is concerned that the policy will slow business and maybe even ground projects.

  • The University of Michigan is starting a new, super-charged business incubator. Researchers and venture capitalists and for-profit companies will both set up at the "venture accelerator," so collaboration can happen during R&D instead of after.

  • Oct 7, 2010

    A little help here, please

    by Paddy Hirsch

    So, I've been racking my brain to find a good and simple way to explain the relationship between the Fed and the Treasury. And it turns out I may…

  • Oct 7, 2010

    Lowering wages won’t lead to recovery

    by Marketplace Staff

    Marketplace commentator Robert Reich argues that lowering wages to create more jobs isn't a good solution to closing the unemployment hole.

  • ShopRunner is an attempt by online retailers to lure loyal customers away from Amazon by setting up a program that allows unlimited shipping for $79 a year — like Amazon Prime.

  • Consumer spending is slowly creeping up and retailers may have busier stores during the upcoming holiday season — but they'll have to keep the discounts of seasons past to get shoppers through the door.

  • Oct 7, 2010

    Is a currency war a-brewin’?

    by Marketplace Staff

    Kai Ryssdal talks to Marketplace's Jeremy Hobson about the potential currency war that's brewing between the U.S. and China.

  • Just about a week after the Federal Trade Commission filed a complaint that POM Wonderful was making false and unsubstantiated marketing claims a…

  • Oct 6, 2010

    Decline in property taxes hurts cities

    by Marketplace Staff

    A report from the National League of Cities says the latest recession did more harm to city budgets than any other downturn in the last 25 years. Christopher Hoene, director of research at the League of Cities, talks with Steve Chiotakis about what's hurting U.S. cities.

  • Oct 6, 2010

    Playlist: Currency, private jobs

    by Daryl Paranada

    Posted by Daryl Paranada…

  • Bad news: This morning, a private payroll service said U-S companies unexpectedly decreased their workforces last month by 39,000 people. Good…

  • As BlackBerry flails somewhat in trying to capture a share of the consumer smartphone market, at least it has had business customers to fall back…

  • Viewers of ABC's Nightline got a quick glimpse of a remote that Sony is preparing to go along with the new Google TV. And holy mackerel it looks…

  • Oct 6, 2010

    Facebook event today

    by John Moe

    According to Tech Crunch, a redesign of the page layouts is at least part of what's going on. From the screen shots they show it doesn't look like…

  • The next time you step into the liquor store, you could be stepping back in time. Marketers are trying to recreate peach brandy made by George…

  • Pennsylvania's deficit-ridden capital, Harrisburg, is facing bankruptcy. It won't meet its payroll as early as next week. The city's mayor has asked for state aid to avoid defaulting on bondholders, who are already suing for overdue debt payments. But it isn't the only city facing financial foreclosure. John Dimsdale reports.

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  • Marketplace Tech Report for October 06, 2010

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  • Oct 6, 2010

    Mere mortals can’t defeat Zeus

    by Molly Wood

    More than 100 people in the U.S., England, and other countries have been arrested for stealing money online using a bit of malicious computer code called Zeus. But those arrests will not stop more of these attacks from happening. We learn what Zeus is, how it works, and how easy it is to purchase online.

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  • Oct 6, 2010

    Rail tunnel between NY, NJ in jeopardy

    by Marketplace Staff

    Budgetary pressures may lead New Jersey Governor Chris Christie to pull the plug on an $8.7 billion commuter rail tunnel under the Hudson River. Christie says cost-overuns may drive the price even higher and he needs that money for roads. It's a harbinger of what's to come for governors around the nation. Andrea Bernstein reports.

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  • Microsoft is about to open its fifth and biggest retail store directly across from the Apple store at the Mall of America in Minnesota. It's Microsoft's boldest attempt to compete with Apple. Alisa Roth reports on Microsoft's year-old move into retail.

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  • Oct 6, 2010

    Private U.S. firms cut more jobs in Sept.

    by Marketplace Staff

    More private company jobs were cut in September — 39,000 of them. That's the latest word from employment services firm ADP. Richard DeKaser, president of Woodley Park Research, talks with Bill Radke about how bad this report really is and what it will take for companies to start hiring again.

  • Oct 6, 2010

    Liverpool sold to Boston Red Sox owner

    by Marketplace Staff

    After a night of dramatic negotiations, John Henry, the owner of the Boston Red Sox, now also owns the Liverpool football team in England. How do Liverpool fans feel about that move? Reporter Eve Troeh talks with Bill Radke.

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  • Oct 6, 2010

    The politics of fiscal responsibility

    by Marketplace Staff

    The latest midterm election polls show Democrats may lose control of Congress. Conservatives have been campaigning on the theme of financial responsibility. It's a popular theme that's easy to talk about, yet so hard to follow through. Diane Lim Rogers, chief economist at the Concord Coalition talks the details with Steve Chiotakis.

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