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Every story is an economic story
  • Aug 20, 2011

    What happens when the U.S. is no longer no. 1?

    by Marketplace Staff

    Historian David Kennedy offers a long-view of the U.S.'s role in the international economy over the last century — and moving forward.

  • Aug 20, 2011

    The gold-to-decent-suit ratio

    by Paddy Hirsch
    The gold-to-decent-suit ratio

    A "long-held rule in the marketplace" is that an ounce of gold, historically, has been able to buy a decent suit….

  • Reviewing the week's headlines on Wall Street. This week: Following the volatility in the markets last week, what can we expect in the future?

  • Aug 20, 2011

    Back-to-school shopping begins

    by Sally Herships

    Retailers rely on gimmicks to cover rising costs

  • The U.S. owes $1.5 trillion to China. That indebtedness could mean politically tricky times ahead

  • Posted by Ryan Faughnder …

  • Aug 20, 2011

    Small talk: Backyard timeshare and zombie protestors

    by Marketplace Contributor

    The news that didn't quite make the headlines. This week: a "backyard timeshare," a lesson on tweeting and eating, and zombie protestors.

  • Aug 20, 2011

    Is the economy our problem to solve?

    by Marketplace Staff

    During economic turmoil, the government calls on its citizens to do their part by spending in order to help boost the economy. Is that the right tactic?

  • Aug 20, 2011

    The new destiny of big banks

    by Heidi Moore

    It's Bank of America's turn to lay off thousands, but all big banks are waiting for the final reckoning still to come on their troubled real estate portfolios

  • Aug 20, 2011

    Resetting the Way We Live

    by Chris Farrell

    This week Marketplace Money looks deep into the mixed signals Americans get on saving (more) and spending (more). It's a conundrum….

  • Aug 20, 2011

    We want our AAA back! Or do we?

    by Jeff Horwich

    The United States can win back its AAA rating for government debt, if it's willing to compromise and sacrifice. But it's a matter of pride more than necessity

  • Aug 20, 2011

    To save or not to save?

    by Marketplace Staff

    Irresponsible spending and not enough saving is what contributed to the financial crisis. More Americans are now saving and spending less, but that may have a negative impact on economic growth. So what are we to do?

  • Aug 20, 2011

    Cleaning up your credit score

    by Adam Allington
    Cleaning the tub.
    iStockPhoto

    Credit score got you down? You can boost your score by hiring a credit clean-up service. A couple hundred dollars investment can result in big savings in mortgages and other loans.

  • Posted by Ryan Faughnder …

  • Aug 20, 2011

    Big hurdles to job creation remain

    by Mitchell Hartman

    Private employers are creating jobs every month. But it's not nearly enough to whittle away at the unemployment rate, which remains above 9 percent

  • Aug 19, 2011

    Borrow to own stocks?

    by Chris Farrell

    Question: Facts: I have a stable job. My only debt is school debt that costs me approximately $200 per month. After expenses each month I am able…

  • Bank of America announced 3,500 layoffs today, with thousands more on the way. Professor Perry Mehrling of Barnard College explains why the layoffs signal tough times ahead for the banking industry.

  • Burdened with bad loans from the financial crisis of 2008, Bank of America has plans to lay off thousands of employees.

  • Aug 19, 2011

    Economic indicators not nearly as bad as 2008

    by Marketplace Staff

    Fears of recession have been blamed for the market slump this week. But household debt and other economic indicators are still much stronger than during the recession a few years ago.

  • Aug 19, 2011

    What’s up with gold?

    by Paddy Hirsch

    Fear and greed, that's what. The shiny stuff broke $1880 an ounce today, another record. That's making my Dad happy. He's been long gold a l…

  • Aug 19, 2011

    Step away from the cookie jar!

    by Paddy Hirsch

    Things are getting so tough for European banks that they're cutting back on the most minor expenses – including snack-time cookies in the office!…

  • So make sure you recycle! According to a report coming out of NASA for some reason, we might be more likely to face hostile space aliens because of…

  • Aug 19, 2011

    Darpa is funding a starship

    by John Moe

    If you think you can figure out a plan for what it would take to send people to other planets, Darpa might be willing to write you a check. The…

  • So now you can go to maps.google.com, click a button, and see what the weather is right now anywhere in the world. It's really more about cloud…

  • Aug 19, 2011

    Not a recession, more like a "bad hangover"

    by Marketplace Staff

    We still aren't in an recession according to official definitions. But then what should we call it?

  • Posted by Mary Dooe…

  • Aug 19, 2011

    AT&T simplifies texting

    by John Moe

    The wireless carrier has decided not to hassle with different levels of texting plans anymore since most people seem to just want unlimited texting…

  • Yeah, weird, huh? Research In Motion, parent company of the Berry, is reportedly negotiating contracts with record labels, which would enable users…

  • Aug 19, 2011

    iPad 3 is on the way

    by John Moe

    So says the WSJ which reports that component makers are ramping up for a big launch in the spring of next year. The big selling point of this seems…

  • That's at Best Buy if you buy a $1500 46-inch 3D TV. They toss in a Galaxy Tab for free. Best Buy says this is more a promotion for the 3D TV than…

  • Aug 19, 2011

    Hewlett-Packard sheds PC business

    by Marketplace Staff

    One time computer giant Hewlett-Packard has been struggling in recent years. The company now is taking drastic measures by pulling out of the personal computer, tablet and mobile phone markets.

  • Aug 19, 2011

    HP news: second day thoughts

    by John Moe

    It's like a baseball team that's stuck with a bunch of bad contracts. Highly paid players who can't bat their weight. Some are out of shape…

  • Bank of America is restructuring. Cutting jobs, in other words. 3,500 this quarter, and many more to come – possibly as many as 10,000 by the end…

  • Aug 19, 2011

    Bank of America to slash thousands of jobs

    by Marketplace Staff

    Bank of America will reportedly cut thousands of jobs in the coming months in an effort to cut costs.

  • Aug 19, 2011

    Venezuela nationalizes its gold industry

    by Marketplace Staff

    President Chavez announced that the government of Venezuela will take over gold processing and production. The decision comes in part as a result of rising gold prices.

  • Aug 19, 2011

    The U.S. and Europe: Dragging each other down

    by Marketplace Staff

    It seems as though every drop in U.S. stocks is reflected in Europe, and vice versa. We go 'round the world to explore the cyclical nature of global markets.

  • Aug 19, 2011

    Cover letter, resume… and your credit score?

    by David Brancaccio

    Some employers check your financial background during the hiring process. David Brancaccio weighs the pros and cons of using credit scores to evaluate a potential employee.

  • Aug 19, 2011

    Bad credit could hurt your job search

    by Marketplace Staff

    Some recruiters are now choosing to check applicants' credit reports, and it could make a difference whether or not you land that job

  • Aug 19, 2011

    How to measure an economy

    by Marketplace Staff

    GDP is the chief measure of how healthy an economy is doing, but it may not give the most accurate reading. Marketplace's Heidi Moore shares other potential yardsticks.

  • David Brancaccio and Marketplace's Chris Farrell answer your personal finance questions.

  • Aug 19, 2011

    Save or spend? Or invest in mattress futures?

    by Marketplace Staff

    In this time of economic uncertainty, who wouldn't enjoy some levity? Performers from Live Wire! Radio in Portland, Ore., offer their dramatic take on the idea of spending versus saving

  • Aug 19, 2011

    Savings will drive the economy forward

    by Marketplace Staff

    Some economists are saying consumer spending will push the economy forward. But outgoing Federal Reserve bank president Thomas Hoenig says savings will save the economy in the long term.

  • Aug 19, 2011

    Houston wants to turn off red light cameras

    by Andrea Bernstein

    Frustrated Houston residents want traffic light cameras to disappear. This follows L.A.'s decision last month to switch off its cameras

  • Marketplace for August 19, 2011

  • Marketplace Tech Report for August 19, 2011

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  • Marketplace Morning Report for Friday, August 19, 2011

  • Aug 19, 2011

    HP hangs up its phones… and tablets

    by Molly Wood

    HP announced it will stop making its TouchPad tablet computer as well as mobile phones like the Pre and the Veer. The company is walking away from mobile and concentrating more on computers for businesses.

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  • Aug 19, 2011

    Not all consumers are equal

    by Marketplace Staff

    A consumer is can be anyone from the very rich to the very poor or someone in between. Commentator Rob Walker says that term must be dissected into subgroups to determine which consumers will help the economy grow the most.

  • Marketplace Money for Friday, August 19, 2011

  • PODCAST: Hewlett-Packard means business, BofA cuts 3,500 jobs

    Here are today's top headlines from the Marketplace Morning Report and from around the web. Gold has surged to $1,863 an ounce. Computer hardwa…

  • Into the teeth of this economic gale, I had to make quite a spending decision this week. It wasn't a frivolous purchase – not the $5,000 carbon-f…

  • In the wake of a turbulent month for markets and economies around the world, Kai Ryssdal hosts a special one-hour Marketplace audio broadcast examining where the U.S. economy is headed and how we got here.

  • Aug 19, 2011

    The U.S. downgrade, two weeks in

    by John Dimsdale

    The stock markets have seen turmoil, but the U.S. government's cost of borrowing has actually dropped despite Standard & Poor's downgrading of Treasury debt from AAA. S&P has suffered criticism

  • Aug 19, 2011

    Why banks are easily affected by the markets

    by Marketplace Staff

    Banks have been getting stronger and more profitable since their big bailout, but they still get shaky every time the markets have a tumble. It has a lot to do with old debt and short term confidence

  • Aug 19, 2011

    A short history of the debit card

    by Jennifer Collins

    The debit card has been around since 1966, which means banks have had a lot of time to figure out new ways to charge you for using your own money…

  • Aug 19, 2011

    Playlist: ATM card fees, consumer spending

    by Ryan Faughnder

    Posted by Ryan Faughnder …

  • This final note today. Ron Paul made a funny about the Republican presidential field today. Remember the other day we noted Texas governor Rick P…

  • Aug 19, 2011

    Is it finally time to raise interest rates?

    by Marketplace Staff

    The Fed wants to keep interest rates low until 2013, which was supposed to reduce uncertainty. Why does Thomas Hoenig think it actually will have the opposite effect?

  • Aug 19, 2011

    Video of MABEL the running robot

    by John Moe

    On our Friday show, we talk about MABEL, the robot from the University of Michigan who has learned to run. Here she is in action.

  • Aug 19, 2011

    Savings vs. student loans

    by Chris Farrell

    Question: I am 25 years old and am debating paying down my student loan or saving the money for a larger emergency fund. Currently I have 18k in…

  • Aug 19, 2011

    The message in the market is… what?

    by Chris Farrell

    The stock market is taking another nosedive. Economists are cutting their global growth estimates. Investors worry that European banks aren't…

  • How long will the market volatility continue? It may not be a textbook recession, but we may have a few more months of disappointing numbers.

  • Everything from disappointing weekly jobless claims to lack of faith in European banks weighs down markets today.

  • Posted by Ryan Faughnder …

  • Aug 18, 2011

    U.S. markets back in the danger zone

    by Marketplace Staff

    Markets opened this morning on shaky ground amidst fears of the ongoing debt problems in Europe. Diane Swonk tells us why the "fear factor" is back.

  • Aug 18, 2011

    TROLLFOOT

    by John Moe

    Going down the rabbit hole that is the Internet last night, producer Marc Sanchez found Danny DeVito's Yfrog account. It's full of photos of his…

  • For providing tech the Chinese Communist Party. The Sydney Morning Herald quotes the lawyer who is leading the case: "Dating back to the early…

  • University of Michigan researchers have made a robot that runs. Her name is MABEL. It's the only robot, they say, that can run like a human. From…

  • LightSquared is trying to get off the ground as a viable wireless carrier. It's struggling because it uses both ground towers and satellites. But,…

  • Aug 18, 2011

    Chips that think and learn

    by John Moe

    Here's a term you might want to learn: "neurosynaptic core". It's going to be a good term to know when the Matrix is officially installed….

  • Aug 18, 2011

    Skype Wi-Fi

    by John Moe

    Skype just announced an app for Apple devices that lets you log on to Wi-Fi networks and pay for only the minutes you use. This is helpful in…

  • Aug 18, 2011

    SUPER COOKIES

    by John Moe

    Super cookies? Super cookies! We all know what internet cookies are by now, right? Little packets of data that a website stores on your computer…

  • A couple days ago we told you about how a lot of companies are steamed about the .xxx domain name (intended for porn) scheduled to go into effect…

  • Aug 18, 2011

    Windows 8 will have an app store

    by John Moe

    Leave it to Microsoft to find a great idea and then copy it two years later. The company we used to call REDMOND SOFTWARE GIANT back in Seattle…

  • Aug 18, 2011

    Google Magnifier

    by John Moe

    This launched yesterday and it's being variously described as a magazine or a service. The idea is to help users of Google's still-in-beta music…

  • Aug 18, 2011

    European banks: new funding fears (FT)

    by Paddy Hirsch

    The Financial Times reports that the European Central Bank has lent dollars to a eurozone bank for the first time since February in the latest sign…

  • Aug 18, 2011

    Get ready for more debit card fees

    by Marketplace Staff

    Wells Fargo is rolling out a trial monthly fee for debit card purchases. The pilot program comes in response to legislation which limited the amount banks could charge merchants per transaction.

  • The beer brewer turns down another offer from the maker of Coors and Miller Light, claiming the price was too low.

  • Aug 18, 2011

    Unemployment: Will it spiral out of control?

    by Marketplace Staff

    Unemployment claims rose slightly last week. We ask to economist Michelle Meyer whether the situation will get worse, and if we are heading for stagflation.

  • Aug 18, 2011

    Why we care about Eurozone debt.

    by Paddy Hirsch

    Europe's problems are tanking bank stocks, as investors worry about a repeat of the 2008 financial crisis. Last time it was toxic mortgages that…

  • Aug 18, 2011

    The pope’s economic philosophy

    by Marketplace Staff

    Pope Benedict XVI visits Spain today, touting an economic policy that focuses on people, not profits. The message could hit home for thousands of unemployed youths in Spain and beyond.

  • The Swiss franc is now worth so much that it threatens Swiss jobs. The Swiss government wants to do something about it, but Switzerland isn't the only country looking at using its currency as a weapon.

  • The New York Federal Reserve is seeking to ensure that the U.S. arms of European banks are holding enough money in their coffers, in order to be prepared for a future crisis.

  • Aug 18, 2011

    Fed investigates health of European banks

    by Marketplace Staff

    Regulators at the Federal Reserve are pushing to make sure the U.S. arms of European banks are keeping enough money in their vaults in case of a new crisis.

  • Solar flares are unpredictable, but expected to increase in frequency over the next five years. If the explosions get close enough, they can disrupt the power grid here on earth

  • Aug 18, 2011

    Coming soon: A fee for having a debit card

    by Jennifer Collins

    Now that banks have to reduce the fee they receive from merchants when you use a debit card, they're considering charging you a monthly fee for using one

  • Yesterday's producer price index report showed wholesale prices are rising. Retailers, though, have to be careful about trying to pass those higher costs on

  • Measures put forward to solve Europe's debt crisis seem piecemeal and unconvincing. This failure is contributing to the markets' uncertainty

  • Aug 18, 2011

    How to lose money by saving more

    by David Gura

    The Federal Reserve's plan to keep interest rates near zero for two more years nearly wipes out interest income for people who rely on federally insured savings accounts and certificates of deposit.

  • Marketplace Morning Report for August 18, 2011

  • Marketplace Tech Report for August 18, 2011

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  • Marketplace for August 18, 2011

  • Aug 18, 2011

    Why can’t anyone take on the iPad?

    by Molly Wood

    2011 was supposed to be the year all sorts of non-iPad tablets flooded the market and gave Apple some real competition. Hasn't worked out that way

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  • Don Holzschuh has been driving semi-trucks in the Midwest for nearly 35 years. He talks about how he's been trying to survive financially, and why he thinks the recession isn't over.

  • Home prices are still falling in most regions of the country. Some markets, though, are weathering the downturn better than others. What can we learn from these outliers?

  • PODCAST: Markets continue to tank, getting charged for debit purchases

    Here are today's top headlines from the Marketplace Morning Report and from around the web. Markets. [WTF](http://media.photobucket.com/image/sc…

  • Posted by Ryan Faughnder …

  • Aug 18, 2011

    Gift fair tests mood for holiday shopping

    by Sally Herships

    Gift businesses by the thousands brave economic angst to gather in New York for a trade show. It's the last big buying opportunity for the holidays.

  • With Vice President Joe Biden in China, plenty of commentators are once again talking about China selling US Treasuries….

  • Aug 18, 2011

    Small business tries to create jobs

    by Jennifer Collins

    Los Angeles company copes with economic uncertainty when it comes to hiring