Jun 13, 2006

Marketplace PM for June 13, 2006

Stories You Might Like A June boom for inflation: Consumer price index comes in hot at 9.1% The arrow of the U.S. economy is pointing to recession Record gas prices pump in record profits Italy’s government close to collapse as PM resigns Former Japanese PM Shinzo Abe assassinated British PM Boris Johnson to resign

Segments From this episode

Congress wary of 'emergency' spending

by John Dimsdale

Jun 13, 2006

President Bush's spending habits in Iraq are getting a closer look on the Hill. More than four years and $400 billion later, Congress appears ready to put its foot down on the use of emergency budget requests for the war. John Dimsdale reports.

Wall Street's beleaguered brokerages

by Amy Scott

Jun 13, 2006

Goldman Sachs today reported gangbuster earnings for last quarter, only to see its share price fall three percent. Yesterday something similar happened to Lehman Brothers. Amy Scott has the story.

Ford CEO calls for smarter meetings

by Tess Vigeland

Jun 13, 2006

Ford Motor's chief executive has unveiled a new policy on meetings. Sometimes, he says, they're counterproductive. No kidding. Tess Vigeland went looking for ways to help them avoid meeting mayhem.

Tim Boyle (c) Getty Images

Closet crafters cash in on clutter

by Marketplace Staff

Jun 13, 2006

The housing boom is slowing across the country, but there is one home market that's still expanding — the closet. Intrepid reporter Cash Peters went on a tour of the oversized closet.

Underground pharming

by Janet Babin

Jun 13, 2006

It's the farm of tomorrow hundreds of feet underground, where big companies test <NOBR>bio-engineered</NOBR> crops in huge caverns to prevent the accidental spread of seeds. Janet Babin reports.

Breaking the system of 'legalized bribery'

by Marketplace Staff

Jun 13, 2006

Commentator and Washington Post columnist Jeff Birnbaum says the Jack Abramoff scandal in Washington has made politicians admit something they didn't want to: Money has power.