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Jul 6, 2012

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The Barclays LIBOR scandal seems like just another example of banks behaving badly, but in London, many are worried it has tarnished the city's reputation as the world's financial center. Here in the U.S., we look at alternative economic indicators to the otherwise drab June jobs report. One small South Texas town is struggling to deal with its oil boom. A new company aims to help people get much-needed loans and build their credit rating at the same time. And Sarah Gardner talks to Eric Klinenberg about the 1995 Chicago heatwave that killed over 700 people, and what we've done to prepare for heatwaves since then.

Segments From this episode

What we have learned from the 1995 Chicago heat wave

Jul 6, 2012
Three days of extreme heat in Chicago in 1995 caused over 700 deaths. New York University professor Eric Klinenberg talks about what we've learned from that catastrophe.

Lender fills gap for Hispanic community

Jul 6, 2012
Progreso Financiero lends money to Latino borrowers who might otherwise not qualify for credit.

Economists share unofficial economic indicators

Jul 6, 2012
What baristas and tailors and over-educated sandwich-makers tell us about the economy.
A man shops for suits in New York City.
Spencer Platt/Getty Images

Weekly Wrap: Yet another stagnant jobs report

Jul 6, 2012
Reviewing the week's headlines on Wall Street. This week: The sluggish growth in the U.S. jobs market.

South Texas towns helped by energy boom

Jul 6, 2012
Several small towns in Texas are growing because of new oil and gas drilling. But can the boom last?

Soda for breakfast?

Jul 6, 2012
Three fast food chains are promoting breakfast deals that include drinks like a 28-ounce soda -- starting at six o'clock in the morning.

After LIBOR scandal, London fears losing financial crown

Jul 6, 2012
While Wall Street had been bogged down by regulations and scandal, London took the crown for leading global financial center. Now, with the Barclays and LIBOR-rigging investigation, the British city could find itself being regulated as well.

The Barclays LIBOR scandal seems like just another example of banks behaving badly, but in London, many are worried it has tarnished the city’s reputation as the world’s financial center. Here in the U.S., we look at alternative economic indicators to the otherwise drab June jobs report. One small South Texas town is struggling to deal with its oil boom. A new company aims to help people get much-needed loans and build their credit rating at the same time. And Sarah Gardner talks to Eric Klinenberg about the 1995 Chicago heatwave that killed over 700 people, and what we’ve done to prepare for heatwaves since then.

Music from the episode

Best Friend Dent May
Motion Sickness Hot Chip
Reality RJD2