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Jan 16, 2012

Marketplace for Monday, January 16, 2012

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Despite S&P's credit downgrade of several European countries, markets reacted with a collective... meh. We tell you why. Plus, we look at minority unemployment and see how the Occupy movement is weathering the winter. And if you've gone shopping recently, did you end up purchasing more than you wanted to? A behavior science professor explains why that happens.

Segments From this episode

To pay for school, one undergrad makes a fateful decision.

Commentator Alejandra Bautista-Landin reflects on the decision that changed her life and where she's come since.

What the S&P downgrades mean for Europe

Jan 16, 2012
Europe correspondent Stephen Beard discusses why the European markets remained pretty steady despite the credit downgrades of several European countries, and why we ought to worry about the Greek debt talks collapsing.
Standard & Poor's downgraded the credit ratings of France, Italy and other European nations. But the markets remained steady. Why?
Thomas Coex/AFP/Getty Images

Zappos hacked

Jan 16, 2012
The online shoe giant has notified some of its 24 million customers that its site has been hacked.

Occupy Wall Street continues

Jan 16, 2012
Police sweeps have closed Occupy Wall Street camps in a growing number of major cities. But the Occupy movement is still active.

Unemployment rate higher in minority communities

Jan 16, 2012
Dig deeper into the unemployment numbers and you'll find some groups are not seeing improvement in their work lives.

In Kenya, U.S. aid groups focus their efforts

Jan 16, 2012
Kenya has received international aid for years, but life remains bleak for many. Donors are getting smarter about how to channel their giving.

How much should I spend? Well, show me a number first.

Jan 16, 2012
Behavioral economist Nick Epley at the University of Chicago tells us what "price anchoring" is -- and how numbers influence our judgment.
Number cues dictate how you buy.
iStockphoto

Despite S&P’s credit downgrade of several European countries, markets reacted with a collective… meh. We tell you why. Plus, we look at minority unemployment and see how the Occupy movement is weathering the winter. And if you’ve gone shopping recently, did you end up purchasing more than you wanted to? A behavior science professor explains why that happens.

Music from the episode