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Marketplace for 7/19/13 – Detroit reacts
Jul 19, 2013

Marketplace for 7/19/13 – Detroit reacts

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Automakers GM and Chrysler were Detroit’s last big bankruptcies, but they were able to emerge from Chapter 11 in a matter of months. Detroit’s bankruptcy, a Chapter 9, probably won’t be as quick. And we look at some of the economic discussion sparked by George Zimmerman' acquittal. In some situations, do minorities in the U.S. have to spend more money than others in order to look more respectable?

Segments From this episode

Detroit recovery from bankruptcy won't be like GM's

Jul 19, 2013
Automakers GM and Chrysler were Detroit’s last big bankruptcies, but they were able to emerge from Chapter 11 in a matter of weeks.

Do non-white Americans pay a 'respectability tax'?

Jul 19, 2013
Much was made of the way Trayvon Martin was dressed as a factor in his being perceived as dangerous. Many African Americans and other people of color say they are very careful about how they are viewed by others because it can impact their ability to get a job, or a raise or to even be safe.
President Barack Obama speaks on the Trayvon Martin case during remarks in the White House briefing room July 19, 2013 in Washington, DC. Obama said, "Trayvon Martin could've been me, 35 years ago."
Win McNamee/Getty Images

Bernanke vs. Congress: Final testimony in bond fight?

Jul 19, 2013
In what may be his final testimony before Congress as chairman of the Fed, Ben Bernanke says the central bank will wind down its bond buying program.

What's behind the future of hit movies? An algorithm

Jul 19, 2013
Movie studios are starting to use big data to help figure out how to make a hit movie
A promotional still from the movie "World War Z"
Paramount Pictures

Detroit residents on bankruptcy: Don't forget about us

Jul 19, 2013
Kai speaks to Detroit resident and author Charlie LeDuff about how the city is responding to the news that is has filed to become the largest bankruptcy by a city in U.S. history.

How did Macau 'out-Vegas' Vegas?

Jul 19, 2013
A tiny Chinese territory has swiftly displaced Las Vegas as the gambling capital of the world.

Prince William to receive paid paternity leave

Jul 19, 2013
The Royal Prince will be paid paternity leave. Yes, he gets paid.

Automakers GM and Chrysler were Detroit’s last big bankruptcies, but they were able to emerge from Chapter 11 in a matter of months. Detroit’s bankruptcy, a Chapter 9, probably won’t be as quick. And we look at some of the economic discussion sparked by George Zimmerman’ acquittal. In some situations, do minorities in the U.S. have to spend more money than others in order to look more respectable?

Music from the episode