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Marketplace for Friday, April 3, 2015

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Airing on Friday, April 3, 2015: The biggest loser of a Kentucky championship in the men’s NCAA tournament might just be the sportsbooks in Vegas. Gamblers have put a lot on Kentucky to win, including tens of thousands of dollars of bets made at 50-1 odds that the Wildcats would go undefeated. That means big liability for the house. On a day the stock markets are closed, we look at the gambling markets. We investigate. Plus, Labor Department figures released today show that employers added just 126,000 new jobs in March. Thousands of jobs in oil and gas extraction were lost as oil prices continued to fall. We recently visited the Bakken shale oil field in North Dakota, where employers and workers are feeling the pinch. Also, oil prices dipped today after news of a framework for an Iran agreement and eventual lifting of sanctions. But Iran oil won’t flow freely for a few years to come, most likely. We look ahead at what that new oil world, once again including Iran, might look like.


Segments From this episode

For one Vegas sports book, it's anyone but Kentucky

by Mitchell Hartman Apr 3, 2015
William Hill sports book is on the hook if Kentucky goes undefeated.

An Iran deal won't change oil market overnight

by Adam Allington Apr 3, 2015
Even if sanctions are finally lifted, Iran faces barriers to rejoining the world oil market

As oil jobs falter, North Dakota feels the squeeze

by Annie Baxter Apr 3, 2015
Falling oil prices slashed thousands of jobs in oil and gas extraction, including some on the Bakken oilfield in North Dakota.

What it means to say Kraft manipulated the wheat market

by Stan Alcorn Apr 3, 2015
There's a fine line between "hedging" and "faking."
Final Note

The NFL has appointed its first female referee

by Amy Scott Apr 3, 2015
Sarah Thomas was the first woman to officiate a major college football game in 2007. Two years later, she was also the first woman to officiate a bowl game.
Learning Curve

You won't die if you don't go to Harvard or Stanford

by Amy Scott and Gina Delvac Apr 3, 2015
Frank Bruni on why acceptance rates have dipped so low, and what top high school students should do.

How billiards created the modern world

by Dan Weissmann Apr 3, 2015
Early promoters needed a substitute for ivory billiard balls. Result? Plastics.
Weekly Wrap

Fun Fact Friday: The thirst is real in California

by Gina Martinez Apr 3, 2015
In which we unpacked the week with Cardiff Garcia and Linette Lopez.

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