Marketplace for Friday, Nov. 2, 2007

Segments From This Episode

• Investors lose confidence in banks

  by Jill Barshay

  Bank stocks got hammered for a second straight day today. Most are at 12-month lows and some are sinking even deeper. It's all about the subprime mess. But while investors are spooked, some analysts say the sector is doing just fine. Jill Barshay reports.

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• Oil-producing nations face dollar’s drop

  by John Dimsdale

  Thousands of construction workers in Dubai went on strike this week. One of their complaints is that they're paid in U.S. dollars. The falling dollar is putting a lot of pressure on Gulf countries to de-link their currencies from the greenback. John Dimsdale reports.

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• U.S. offers Turkey help with Kurd rebels

  by Tess Vigeland

  

  The United States has promised to help Turkey stop Kurdish PKK guerrillas from operating in Northern Iraq. The PKK has killed dozens of Turkish military personnel across the border. Tess Vigeland talked with L.A. Times reporter Borzou Daragahi about attempts to defuse the situation.

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• Traders take a beating, for a good cause

  by Amy Scott

  At the same time some investment banks are taking a pounding from the credit crunch, Wall Street traders come together to dish out and take some more lumps for a boxing charity event. Amy Scott was ringside.

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• Week on Wall Street

  by Tess Vigeland

  

  Stockbroker and business analyst David Johnson chats with Tess Vigeland about what happened on Wall Street this week and what may lie ahead.

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• Higher taxes won’t save Social Security

  by Marketplace Staff

  Democratic presidential candidates are calling for a tax increase to fund Social Security for retiring baby-boomers. But commentator Glenn Hubbard argues that proposal doesn't get to the heart of the problem.

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• Video games are now history

  by Marketplace Staff

  Video-game pioneers are teaming up with the University of Texas to create a new archive that's preserving the origins of their industry. David Martin Davies reports.

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