Marketplace®

Daily business news and economic stories
  • A stock-savvy hotel bellman in St. Louis tells Marketplace's Amy Scott how he's weathering the financial storm. It's another report in our "Road to Ruin?" series.

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  • A trader puts his hand on his head on the floor of the New York Stock Exchange -- October 9, 2008
    Spencer Platt/Getty Images

    Despite governments around the globe pulling out all the stops, markets worldwide are crashing this morning. Stacey Vanek-Smith talks to economist Andrew Hilton about what this means for investors and the economy.

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  • Why are investors stubbornly resisting efforts to restore faith in the market? Kai Ryssdal turns to Andrew Lo, a professor at MIT's Sloan School of Management, for an answer.

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  • The Treasury Department is considering going further to help the credit markets by taking ownership stakes in many U.S. banks. Marketplace's Bill Radke talks to Jeremy Hobson about why that could be a risky move.

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  • It may not be the best time to buy a new vehicle, but used car salesman Morton McArthur remains optimistic. New York Bureau Chief Amy Scott caught up with him at his lot outside of Cincinnati, Ohio for our Road to Ruin.

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  • Bankers in London respond to the coordinated rate cut -- October 08, 2008
    Leon Neal/AFP/Getty Images

    Yesterday's coordinated rate cut seems to have calmed the markets overseas. Stacey Vanek-Smith talks to European correspondent Stephen Beard about why the weekend IMF meeting could be encouraging.

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  • The U.K. has threatened to sue Iceland to recover millions of euros Brits deposited in banks such as the collapsed IceSave, which has an online branch open to foreigners. European Bureau Chief Stephen Beard reports.

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  • Global warming and other environmental worries sparked a green business boom in recent years. But with the flow of money freezing up, so is spending on renewable energy technology and sustainable products and services. Sarah Gardner reports.

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  • The government has been collecting applications from asset managers to work on the bailout. They're the people who will buy and manage those bad loans and securities for the Treasury. Washington Bureau Chief John Dimsdale reports.

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  • The bailout didn't give the economy a psychological boost as was hoped. Consumers just aren't consuming. Commentator Robert Reich proposes a WPA-style solution — put people to work on infrastructure and invest in schools.

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Fallout: The Financial Crisis