Oct 29, 2008

Marketplace Report for Wednesday, October 29, 2008

Segments From this episode

Will latest rate cut help the economy?

by John Dimsdale

Oct 29, 2008

The Federal Reserve cut the interest rate to 1% in an effort to encourage lending and stimulate the economy. Will it work? What about inflation? Washington Bureau Chief John Dimsdale reports.

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Fallout: The Financial Crisis

1% might not be the final cut

by Marketplace Staff

Oct 29, 2008

Now that the Fed's cut the interest rate to 1%, can it cut it any further? Will it? How low can the interest rate go? Kai Ryssdal turns to Harvard economist Kenneth Rogoff for his perspective.

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Fallout: The Financial Crisis

States are in dire financial straits

by Steve Henn

Oct 29, 2008

The line for federal bailout money keeps growing. Now it's state and city governments that need a hand. State budget deficits are huge coast-to-coast. Steve Henn has the story.

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Fallout: The Financial Crisis

Fed's new role must not be permanent

by Marketplace Staff

Oct 29, 2008

An important point to keep in mind, says commentator David Frum, is that the government's new role in banking, insurance and other industries is for emergency purposes. Ultimately, that role needs to go away.

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Fallout: The Financial Crisis

Private equity in a credit freeze

by Stacey Vanek Smith

Oct 29, 2008

Huge corporations like The Carlyle Group and Blackstone got into the private equity business when credit was easy and cheap. But now that the credit market is drying up, will the private equity game go with it? Stacey Vanek-Smith finds out.

istockphoto

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Fallout: The Financial Crisis

For GM, the bad news keeps on coming

by Stacey Vanek Smith

Oct 29, 2008

Merger talks with Chrysler are "progressing," but GM's troubles are not at bay. The automaker announced another global sales drop and reportedly plans to cut back on new car development. Renita Jablonski asks if that's wise.

gm.com

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What a temptress cheaper gas is

by Bob Moon

Oct 29, 2008

When gas prices increased, so did noble things like public transportation ridership and sales of fuel-efficient cars. Now that gas prices are sliding, have bad habits returned? Senior Business Correspondent Bob Moon reports.

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Fallout: The Financial Crisis

Grim Christmas for Chinese toymakers

by Marketplace Staff

Oct 29, 2008

A drop in exports is hurting Chinese toy manufacturers, who rely on U.S. demand. Next week, China will help out by subsidizing exporters. Scott Tong looks into the health of the toy industry in China.