The Barclays LIBOR scandal seems like just another example of banks behaving badly, but in London, many are worried it has tarnished the city’s reputation as the world’s financial center. Here in the U.S., we look at alternative economic indicators to the otherwise drab June jobs report. One small South Texas town is struggling to deal with its oil boom. A new company aims to help people get much-needed loans and build their credit rating at the same time. And Sarah Gardner talks to Eric Klinenberg about the 1995 Chicago heatwave that killed over 700 people, and what we’ve done to prepare for heatwaves since then.
The Barclays LIBOR scandal seems like just another example of banks behaving badly, but in London, many are worried it has tarnished the city’s reputation as the world’s financial center. Here in the U.S., we look at alternative economic indicators to the otherwise drab June jobs report. One small South Texas town is struggling to deal with its oil boom. A new company aims to help people get much-needed loans and build their credit rating at the same time. And Sarah Gardner talks to Eric Klinenberg about the 1995 Chicago heatwave that killed over 700 people, and what we’ve done to prepare for heatwaves since then.
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