Jun 7, 2006

Marketplace AM for June 7, 2006

Stories You Might Like The arrow of the U.S. economy is pointing to recession Record gas prices pump in record profits The latest inflation numbers show more pain for consumers A June boom for inflation: Consumer price index comes in hot at 9.1% Hiring is still strong. Take that, high interest rates. Checking in on […]

Segments From this episode

The 'Daedalus' scam

by Stacey Vanek Smith

Jun 7, 2006

A college student pleaded guilty yesterday to charges he conned investors into pouring millions into a bogus hedge fund named for the mythical architect who confounded many a Greek with his complex labyrinth. Stacey Vanek-Smith reports.

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Commentary

Estate tax repeal? Bad for the economy

by Marketplace Staff

Jun 7, 2006

Commentator Robert Reich argues that repealing the estate tax would cost the US Treasury $1 trillion in 10 years — and sap entrepreneurial gumption from the growing ranks of trust-fund Americans.

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Illicit trade in camel jockeys

by Miranda Kennedy

Jun 7, 2006

Miranda Kennedy reports that for Pakistani boys forced to work as camel jockeys in the Middle East, life is still tenuous once they return to their home country.

Flight attendants balk

by Marketplace Staff

Jun 7, 2006

Northwest flight attendants rejected the airline's pay cut proposal Tuesday, a move that could put a recent agreement with its pilots in jeopardy too. Janet Babin reports.

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Google rethinks China compromise

by Jocelyn Ford

Jun 7, 2006

Co-founder Sergey Brin admitted yesterday that the deal Google struck with China to allow some censorship on its search engine in that country may have been a mistake. Jocelyn Ford reports.

Biofuel buzz going global?

by Sam Eaton

Jun 7, 2006

A report out today looks at the potential for fuels such as ethanol to go global — and World Bank's potential interest in funding biofuel projects in developing countries is fueling the buzz. Sam Eaton reports.

Mexico's presidential debate

by Dan Grech

Jun 7, 2006

Yesterday's prime-time presidential debate was considered crucial point in Mexico's decision to remain right of center or elect a more leftist president. Dan Grech has more.

Chirac wants German Euronext deal

Jun 7, 2006

French President Jacques Chirac has pooh-poohed the American takeover of Paris-based stock exchange operator Euronext. Chiraq says he'd prefer a merger with the Germans. Stephen Beard reports.

GM's vote on voting

by Alisa Roth

Jun 7, 2006

Dissident shareholders voted Tuesday in favor of a new resolution that would change how company directors are elected. It's part of a larger trend in corporate governance, Alisa Roth reports.

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Active-duty data on stolen laptop too

by Alisa Roth

Jun 7, 2006

That laptop stolen from a Veteran's Affairs employee? It didn't just have personal information on 26 million veterans. Turns out information for most active-duty military was on there as well. Alisa Roth reports.

The team

Stephen Ryan Producer, BBC

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