Marketplace®

Daily business news and economic stories
  • If you're wondering what's driving the stock market right now, all you have to do is look at the bond market. Yesterday, stocks took a dive…

  • I found a fun new site where people are posting their old business cards — the ones they could've thrown away when they lost their job. Instead,…

  • May 28, 2009

    Spy versus Tie

    Guess where the CIA is making its latest recruitment push? Wall Street. The New York Post says says the agency has started advertising on…

  • May 28, 2009

    Will you Bing it?

    Microsoft gave us the name of its new search engine today. Bing. It'll be up and running by next Wednesday at bing.com. Don't bother clicking. …

  • Yesterday, they said no way, we're not taking a 10% stake. Today, bondholders are apparently okay with 10%, plus a little sweetner. GM has struck…

  • May 28, 2009

    Morning Reading

    I found it amusing, in more ways than one, that the soccer team with UNICEF on its jersey trounced the one with AIG on its jersey (FC Barcelona…

  • A group called The Nation's Girlfriends unveiled its own economic recovery plan before Congress today. They say it could save the country $220…

  • May 27, 2009

    The other Detroit

    Not everything about business in Detroit is as bleak as GM and Chrysler. I just read about a program launched in inner city Detroit this year that…

  • We got an update today on the health of the banking system. The FDIC said overall, US banks made $7.6 billion in profit for the first quarter,…

  • One of the more controversial political grenades has always been a national sales tax. But in these extreme economic times, nothing is off the…