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Marketplace for Monday June 16, 2014
Jun 16, 2014

Marketplace for Monday June 16, 2014

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Amid the conflict in Iraq, the international benchmark for oil prices has hit a recent high. We look at what is known as the “comfort zone” as well as how traders factor in a risk premium into their decisions. Plus, Starbucks is upping the ante for low-wage workers by offering partial or full online tuition as ASU. In doing so, the competition to work at Starbucks is going to increase—which may be precisely the point. Also, the Supreme Court today  declined to hear Argentina's appeal over its bid to avoid paying $1.33 billion to hedge fund creditors. The claim stems from the country’s historic 2001 default. Argentina is now on the hook to pay up in full and warns this could lead once more to default on its sovereign debt. We examine the implications of the Supreme Court’s decision.

Segments From this episode

Will the instability in Iraq flow to the pump?

Jun 16, 2014
What exactly goes into the price at the pump

IMF chief wants U.S. to raise the minimum wage

Jun 16, 2014
Lagarde said more policy changes would lead to "medium-term fiscal growth."

How gentrification could hit DC's middle class golfers

Jun 16, 2014
Local leaders are teeing up their redevelopment plans.

Iraqi and Syrian refugees are flowing into Erbil

Jun 16, 2014
How will the country handle an influx of displaced people?

Did becoming a Starbucks barista just get harder?

Jun 16, 2014
Starbucks will help employees pay for an online education at ASU.

You can't beet vegetables. Lettuce explain.

Jun 16, 2014
Marketplace Datebook for Tuesday, June 17, 2014.

A mall in the middle of (what used to be) nowhere

Jun 16, 2014
Williston, North Dakota, is in the middle of an oil boom, but it doesn't have many stores or restaurants for a growing population.

The U.S. Supreme Court deals a blow to Argentina

by
Jun 16, 2014
The Supreme Court won't hear Argentina's appeal over its debts to hedge funds.

A rogue Greenpeace trader wreaks havoc

Jun 16, 2014
He made $5.2 million worth of bad bets.

Amid the conflict in Iraq, the international benchmark for oil prices has hit a recent high. We look at what is known as the “comfort zone” as well as how traders factor in a risk premium into their decisions. Plus, Starbucks is upping the ante for low-wage workers by offering partial or full online tuition as ASU. In doing so, the competition to work at Starbucks is going to increase—which may be precisely the point. Also, the Supreme Court today  declined to hear Argentina’s appeal over its bid to avoid paying $1.33 billion to hedge fund creditors. The claim stems from the country’s historic 2001 default. Argentina is now on the hook to pay up in full and warns this could lead once more to default on its sovereign debt. We examine the implications of the Supreme Court’s decision.

Music from the episode

CINCO Minutos Con Vos Elvis Costello And The Roots