Nov 14, 2008

Marketplace Report for Friday, November 14, 2008

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Marketplace Report for Friday, November 14, 2008

Segments From this episode

Citigroup to raise card rates, cut jobs

Nov 14, 2008
If you've got a Citigroup credit card in your wallet, be prepared. The company plans to start raising interest rates for some customers. And it's rumored to be considering tens of thousands more job cuts. Jeremy Hobson reports.

Online shopping isn't clicking either

Nov 14, 2008
Google's ad business was supposed to be recession-proof. But Google and companies like it rely on search-related ads and fewer people are clicking on them. Stacey Vanek-Smith reports.
A man considers a shirt as he shops for clothes.
Patrick Lin/AFP/Getty Images

The G-20 gathers to look for a cure

Nov 14, 2008
Leaders of the world's 20 biggest economies are meeting in Washington to work on the global economic crisis. Washington Bureau Chief John Dimsdale reports.

Investors line up to exit hedge funds

Nov 14, 2008
Hedge fund investors can withdraw their money only once a year, and Nov. 15 is the day. Fund managers say requests to get out are unusually high this time. Sally Herships reports on what that could mean.

Automaker woes and bailout switcheroo

Nov 14, 2008
The $700 billion bailout isn't just about banks anymore, and automakers are begging for a cut. Kai Ryssdal recaps the week with David Leonhardt of The New York Times and Leigh Gallagher of Fortune magazine.

Drop in consumer spending has merits

Nov 14, 2008
Is it really so bad that consumer confidence continues to erode? Commentator Amity Shlaes says that if consumers aren't spending, then they're saving, investing or beefing up that college fund, and that can be a good thing.

The ways stores entice shoppers to buy

Nov 14, 2008
Marketing expert Martin Lindstrom says stores have special ways to get shopppers to spend. Kai Ryssdal gets him to reveal some of their methods.

Music from the episode

Ice Cream New Young Pony Club
Dallas Japancakes