Marketplace for Friday, May 16, 2008
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Segments From this episode
You'll get more oil when we say so
Visiting Saudi Arabia, President Bush asked the Saudis to open the taps on their oil production a little wider. The Saudis said sure, they'll boost production, but they'll decide how much. Jeremy Hobson reports.
Diesel demand, prices go into overdrive
Demand for gas may be dropping, but worldwide demand for diesel is increasing. And prices have risen nearly three times as fast as for regular gas. So refiners are going all out to boost production. Sam Eaton reports.
Fannie Mae eases downpayment rules
Fannie Mae, one of the big government-backed mortgage financers, is trying to jump-start the flagging real estate market. It's lowering downpayment requirements for neighborhoods where home prices were falling. John Dimsdale reports.
Mass of cancer research put online
For the first time, cancer doctors and researchers have put the abstracts of their cancer studies online in advance of their major annual meeting later this month. And you can bet Wall Street has been poring over the reports. Janet Babin has the story.
Bush has done little to promote reforms
President Bush travels from Saudi Arabia to Egypt on Saturday for meetings with Arab leaders. The economic fortunes of those two countries are very different. But commentator and journalist Mona Eltahawy says they've got one unfortunate thing in common.
Week on Wall Street
Stockbroker and business analyst David Johnson chats with host Kai Ryssdal about what happened on Wall Street this week and what may lie ahead.
Credit crunch alters sports biz's goals
Even the business of sports has been affected by the credit crunch. Dan Kaplan of the Sports Business Journal explains to Kai Ryssdal.
Looking forward to Gen X nostalgia
Twenty years is the magic number when it comes to nostalgia, and that time's arrived for Generation X, whose members are now becoming parents with purchasing power. Caitlan Carroll reports on how the entertainment industry is getting in position.