Segments From this episode
President Obama met today with congressional leaders to discuss the best way to kick-start the economy. House members will try to pass their bill next week, but a large number of Republicans take issue with some of the stimulus proposals. John Dimsdale reports.
To cope with the recession, many companies are considering layoffs or pay cuts. Across-the-board pay cuts are mounting and more are expected to follow. But is it better for companies to cut pay or let employees go? Jeremy Hobson reports.
Even with all the bad news about the economy, the main focus of the week was on President Barack Obama. Kai Ryssdal speaks with Fortune Magazine's Leigh Gallagher and The New York Times's David Leonhardt about how the president is addressing the economy and his stimulus package.
Before the recession, many bar mitzvahs were outlandishly extravagant with families spending lavishly on parties after the religious ceremony. But the economic downturn is bringing these parties back down to earth. Rebecca Sheir reports.
President Obama is showing some tech savvy. He plans to post weekly video addresses on YouTube, and is creating a new chief technology officer position in his cabinet. Kai Ryssdal speaks with CNET.com's Declan McCullough about the technology officer.
Marketplace for Friday, Jan. 23, 2009