Marketplace for Friday, Jan. 11, 2008
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Segments From this episode
When Fed Chairman Ben Bernanke all but promised an upcoming interest-rate cut, plenty of people responded: What took you so long, Ben? But commentator Mark Thoma says it's time to lay off the Fed.
Bank of America is buying Countrywide Financial. And JP Morgan Chase is salivating over Washington Mutual. Which made us wonder: How far will bank consolidations go? John Dimsdale reports.
Both Standard & Poor's and Moody's have reaffirmed their AAA ratings for the U.S. Treasury bill. But, Moody's did attach a note of caution to its assessment. Bob Moon explains.
Three of Iraq's biggest state-owned cement firms have signed deals with outside investors from Romania, Germany and Lebanon. It may be a concrete sign of reconstruction taking hold. Jeremy Hobson reports.
You're probably not planning to rush out and buy gold ingot anytime soon, but the rapidly rising price of gold is making certain consumers and retailers feel the pain. Janet Babin reports.
More than 40% of private-sector workers, most of whom work in service jobs, don't get paid sick leave. Now some federal, state and municipal lawmakers are considering making paid sick days mandatory. Shia Levitt reports.
Slavery is a huge element of the global economy, and it goes unseen by consumers. Kai Ryssdal talks with Kevin Bales of the advocacy group Free the Slaves about his efforts to clean up the slave supply chain.