Aug 9, 2011

Marketplace for August 9, 2011

HTML EMBED:
COPY

Marketplace for August 9, 2011

Segments From this episode

Freakonomics: Why are we so bad at predicting the future?

Aug 9, 2011
People make a lot of money making predictions, so why are they so rarely right? Freakonomics Radio's Stephen Dubner talks about accountability in fortune telling.

The differing fortunes of Saab and Volvo

Aug 9, 2011
Two years after GM sold Saab and Ford sold off Volvo, there has been a striking difference in how the Swedish brands have fared.

Can Verizon hear them now?

Aug 9, 2011
More than 40,000 workers continue to strike

U.K. riots hit areas that can least afford them

Aug 9, 2011
Rioting in London and a few other major British cities is concentrated in poor areas that can ill afford to deter businesses and jobs

Fed to hold rates steady for two years

Aug 9, 2011
The Federal Reserve said the economy is still suffering, and took the unprecedented step of saying it will hold rates at nearly zero until the middle of 2013

Fannie and Freddie downgrades could ripple through the economy

Aug 9, 2011
The downgrades of Fannie Mae and Freddie Mac could make it more difficult for Americans to buy a house, and further damage the wider economy
The logos for Freddie Mac and Fannie Mae
freddiemac.com/fanniemae.com

Oil prices sing the recession blues

Aug 9, 2011
But on the upside, it could mean lower gas prices at the pump

The downgrade's effect on cities' budgets and growth

Aug 9, 2011
Michael Bissonette, mayor of Chicopee, Mass., discusses how the S&P downgrade decision is already affecting his city and its plans for expansion and job growth

Music from the episode