Marketplace for Monday July 7, 2014
Jul 7, 2014

Marketplace for Monday July 7, 2014

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Banks needing cash temporarily pawn off treasuries to get it – usually just for a day or two. The system is under strain because the Fed has bought so many bonds and also because regulations require many financial institutions to hold bonds as collateral for deals. This is causing deals to fail at unprecedented rates. Plus, Archer Daniels Midland, a major US food processor has agreed to buy a company called Wild Flavors, which specializes in natural flavorings for food products. We pull back the curtain on the business of flavor, and along the way find out about what’s in, what’s out, and the tastes that are trending. Also, some foods are at recent highs, others are cheaper than they’ve been, but overall, the USDA reports, Americans spend far less on food than people in most countries – an average of 6.6 percent of income. Even poor Americans don’t spend appreciably more of their income. We look at what makes food in the U.S. so inexpensive.

Segments From this episode

Your job in 5 words

Medley: We asked, you answered. (<- 5 words)
Kai stumped President Obama. But not you.
Jim Watson/AFP

MayDay PAC: The end of the Super PAC era?

Jul 7, 2014
Lawrence Lessig decided the only way to take down Super PACs... was to make one.

Meet the man who invented the pool noodle

Jul 7, 2014
The hardest part of creating the pool noodle? Explaining what to do with it.

Failing deals: a trend, or temporary?

by
Jul 7, 2014
The repo market under strain

Why Americans spend less of their budgets on food

Jul 7, 2014
Food prices are rising, but Americans still spend less of their disposable income on food than people in other countries.
Safeway customers shop for peaches at Safeway's 'Lifestyle' store in Livermore, California.
Justin Sullivan/Getty Images

ADM wants a taste of the flavor business

Jul 7, 2014
ADM will buy Wild Flavors for almost $3 billion.

As the cupcake crumbles: Lessons from Crumbs' demise

Jul 8, 2014
Crumbs expanded quickly and even went public.

Banks needing cash temporarily pawn off treasuries to get it – usually just for a day or two. The system is under strain because the Fed has bought so many bonds and also because regulations require many financial institutions to hold bonds as collateral for deals. This is causing deals to fail at unprecedented rates. Plus, Archer Daniels Midland, a major US food processor has agreed to buy a company called Wild Flavors, which specializes in natural flavorings for food products. We pull back the curtain on the business of flavor, and along the way find out about what’s in, what’s out, and the tastes that are trending. Also, some foods are at recent highs, others are cheaper than they’ve been, but overall, the USDA reports, Americans spend far less on food than people in most countries – an average of 6.6 percent of income. Even poor Americans don’t spend appreciably more of their income. We look at what makes food in the U.S. so inexpensive.

Music from the episode

Mange Deer Tick