Marketplace for Friday, June 13, 2008
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The core inflation rate doesn't include gas and food prices. But if you add those products to the report for last month, consumer prices shot up 0.6% -- the biggest increase since November. That's why some economists say it's time to stop ignoring them. Nancy Marshall Genzer reports.
Irish voters have defeated a treaty that would have streamlined the European Union. For the United States and its businesses, that will make trade more complicated. Stephen Beard reports.
Just a year ago, social networking site MySpace had nearly three times as many visitors as its rival Facebook. Now the two sites are about even. That probably explains why MySpace is getting ready to unveil a big makeover. Stacey Vanek-Smith reports.
Iowa has been hit with tornados, thunderstorms, hail and flooding in recent days, prompting its governor to declare essentially the whole state a disaster area. Watch for the impact to reach well beyond the Midwest. Sam Hudzik reports.
Gold prices have been running at historically high levels, which has put a crimp in some businesses that use the shiny yellow stuff. But in New York City one merchant has found a tasteful way to adjust. Andrea Mustain reports.
The Puma shoe brand was born when the brothers who founded Adidas split in a dispute that divided their family. Kai Ryssdal talks with "Sneaker Wars" author Barbara Smit about how the family feud behind the two powerhouses shaped the face of global sports.
If you're invited to someone's place for dinner, you might show up with some flowers or a bottle of wine. You don't even ask yourself if the polite gesture's worth the expense. But commentator and economist Dan Ariely says maybe you should.