Aug 18, 2011

Marketplace for August 18, 2011

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Marketplace for August 18, 2011

Segments From this episode

The economic worries of a regular American consumer

Aug 18, 2011
Don Holzschuh has been driving semi-trucks in the Midwest for nearly 35 years. He talks about how he's been trying to survive financially, and why he thinks the recession isn't over.

How to lose money by saving more

Aug 18, 2011
The Federal Reserve's plan to keep interest rates near zero for two more years nearly wipes out interest income for people who rely on federally insured savings accounts and certificates of deposit.

Europe fails to tackle debt; worsens uncertainty

Aug 18, 2011
Measures put forward to solve Europe's debt crisis seem piecemeal and unconvincing. This failure is contributing to the markets' uncertainty

Coming soon: A fee for having a debit card

Aug 18, 2011
Now that banks have to reduce the fee they receive from merchants when you use a debit card, they're considering charging you a monthly fee for using one

Is it finally time to raise interest rates?

Aug 18, 2011
The Fed wants to keep interest rates low until 2013, which was supposed to reduce uncertainty. Why does Thomas Hoenig think it actually will have the opposite effect?

Why banks are easily affected by the markets

Aug 18, 2011
Banks have been getting stronger and more profitable since their big bailout, but they still get shaky every time the markets have a tumble. It has a lot to do with old debt and short term confidence

Music from the episode

Temecula Sunrise Dirty Projectors
Temecula Sunrise Dirty Projectors
Space Baby This Frontier Needs Heroes
Space Baby This Frontier Needs Heroes