Jan 11, 2008

Marketplace for Friday, Jan. 11, 2008

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Segments From this episode

Current lack of faith in Fed is unfair

Jan 11, 2008
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.

Subprime fallout: Bank-buying bonanza

Jan 11, 2008
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.

U.S. bonds get AAA rating with asterisk

Jan 11, 2008
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.

Iraq deals at foundation of rebuilding?

Jan 11, 2008
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.

Gold's got a little too much glitter

Jan 11, 2008
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.

Mandatory sick days gaining strength

Jan 11, 2008
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.

Week on Wall Street

Jan 11, 2008
Stockbroker and business analyst David Johnson chats with host Kai Ryssdal about what happened on Wall Street this week and what may lie ahead.

Global economy fuels human trafficking

Jan 11, 2008
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.

Music from the episode

Fools Gold - Remastered The Stone Roses
Everybody Daylight Brightblack Morning Light
Birds Electrelane