Marketplace for Friday, July 24, 2009
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Segments From this episode
Obama: Schools must 'race to the top'
President Obama is creating a $4 billion grant program for schools, but only if they accept certain reforms. States may be disqualified from receiving money, unless they agree to use test score data to set teacher pay. Mitchell Hartman reports.
Regulators not in step with Obama plan
The heads of the four big financial regulators offered their input on President Obama's plan to overhaul oversight of the financial system. What lawmakers saw was a good, old-fashioned power struggle. John Dimsdale reports.
Is high-frequency trading fair and safe?
High-frequency traders on Wall Street use powerful computers to react quickly to tiny changes in stock prices. But critics say big hedge funds are using this method to bully smaller traders into submission. Amy Scott reports.
Weekly Wrap: All about health care
Kai Ryssdal talks with Megan McArdle of The Atlantic's Business Channel and Leigh Gallagher of Fortune Magazine about the week's dominating health-care debate.
AP clamps down on content pirates
The Associated Press is attempting to catch Web sites that post its stories without permission. It plans to embed tracking code in every article and charge fees to illicit users. Stacey Vanek-Smith reports.
Amazon kindles new privacy concerns
Online retailer Amazon caused a stir when it remotely deleted unauthorized copies of George Orwell's "1984" and "Animal Farm" from Kindle readers. The company said it wouldn't take such action again, but commentator Farhad Manjoo doesn't expect it to keep that promise.
Recession eases nursing gap, for now
As the recession puts more pressure on household incomes, more nurses who had stopped working are re-entering the job market and reducing the nursing shortage. Still, demand for nurses is expected to remain high. Cathy Duchamp reports.
Best or worst time for wage hike?
The federal minimum wage is now $7.25 per hour as the final step in a three-tiered adjustment set in motion years ago. Jeff Tyler reports on the implications of the wage hike during the worst recession in 50 years.