What have you always wondered about the economy? Tell Us
May 11, 2012

Marketplace Money for Friday, May 11, 2012

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Two billion dollars. That's how much money JPMorgan Chase says it lost in just the last few weeks, because of risky stock market trades. Maybe that's why so many Americans have stopped investing. We'll ask what the finance industry is doing to stop that behavior. College graduates are drowning in debt. And if you've had experience with the system we use to pay for higher ed, you know why. Arguments for and against financial aid and whether you have the right to go to college. Plus we'll visit the local ballfield and a New York ballet studio and ask parents how much they're spending to keep their kids on the field and en pointe.

Segments From this episode

My mom, the comeback kid

May 10, 2012
Jen Miller's face -- and her money habits -- mirror her mother's.

Bigger, faster, stronger: The rising cost of youth sports

May 11, 2012
Tess talks to author Mark Hyman about the arms race to give our kids an advantage on the playing field.
Shortstop Trevor Windisch of the West team misses an errant throw on a run down play as Kaito Suzuki of the Japan team runs by to score on the play during the 2011 Little League World Series championship game.
Rob Carr/Getty Images

The price of staying en pointe

May 11, 2012
It's not just blood, sweat and tears that makes a prima ballerina. It takes a lot of money to take center stage too.
Miko Fogarty in a black tutu. Her mother says each tutu, which are made by a costumer in Japan, costs about $2,000.
Yaniv Schulman/Sundance Selects

Getting your own slice of the Facebook IPO

May 11, 2012
There's a lot of hype over the upcoming Facebook IPO. We have a reality check and advice for those of you waiting impatiently for its launch.

Restoring trust in Wall Street

May 11, 2012
CFA Institute President and CEO John Rogers wants to restore the public trust of the financial system. A bridge too far?
Spencer Platt/Getty Images

Is higher education a right?

May 11, 2012
The value of outstanding student loans in America just past the $1 trillion mark, we sat down with economists Robert Reich and Neal McCluskey to discuss America's newest crisis.
iStockphoto

Letters: Creating a paper trail

May 11, 2012
Our weekly dive into the mail bag, and L.A. Times personal finance columnist David Lazarus helps a caller with a question about record-keeping.
iStockphoto

Two billion dollars. That’s how much money JPMorgan Chase says it lost in just the last few weeks, because of risky stock market trades. Maybe that’s why so many Americans have stopped investing. We’ll ask what the finance industry is doing to stop that behavior. College graduates are drowning in debt. And if you’ve had experience with the system we use to pay for higher ed, you know why. Arguments for and against financial aid and whether you have the right to go to college. Plus we’ll visit the local ballfield and a New York ballet studio and ask parents how much they’re spending to keep their kids on the field and en pointe.