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Marketplace for Thursday, December 5, 2013
Dec 5, 2013

Marketplace for Thursday, December 5, 2013

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New York Mayor Bill de Blasio has appointed former Los Angeles police chief Bill Bratton as head of the NYPD. Why is it that the list of top candidates for the top policing jobs in the U.S. is such a short one? The same candidates seem to reappear time and time again. Plus, a deal to avoid another government shutdown seems to be coalescing around increasing revenues – but not taxes. The government would bring in additional money through user fees. And finally, revised GDP numbers juiced the market today, but the reality behind the data should give us pause. The number’s big because inventories were high last quarter.

Segments From this episode

Bill Bratton's exclusive club: Big city top cop

Dec 5, 2013
New York Mayor-elect Bill de Blasio has appointed former Los Angeles police chief Bill Bratton as head of the NYPD.

Today's economy: Inventory purgatory

Dec 5, 2013
Revised GDP numbers juiced the market today, but the reality behind the data should give us pause.

A tax by any other name? A fee

Dec 5, 2013
A deal to avoid another government shutdown seems to be coalescing around increasing revenues -- but not taxes.

As New Orleans comes back, some neighborhoods boom, others stay blighted

Dec 5, 2013
As New Orleans and its economy attract more college-educated residents, gentrification comes to once-poor neighborhoods on high ground.

'Anchorman 2' marketing campaign: genius or overexposure?

Dec 5, 2013
Plus a QUIZ: Which character from Anchorman do you think should co-host with Kai?

Nelson Mandela's legacy is economic, too

Dec 5, 2013
One legacy of Mandela's fight against apartheid is activism in the U.S. against inequities in the global economy.

The power of the central bank to create money out of thin air wasn't always so easy

by
Dec 5, 2013
The Federal Reserve has been creating money to the tune of about $85 billion dollars a month. But the first time a central bank tried to do that...it didn't go over so well.

New York Mayor Bill de Blasio has appointed former Los Angeles police chief Bill Bratton as head of the NYPD. Why is it that the list of top candidates for the top policing jobs in the U.S. is such a short one? The same candidates seem to reappear time and time again. Plus, a deal to avoid another government shutdown seems to be coalescing around increasing revenues – but not taxes. The government would bring in additional money through user fees. And finally, revised GDP numbers juiced the market today, but the reality behind the data should give us pause. The number’s big because inventories were high last quarter.

Music from the episode

Champions Dan The Automator, Rakaa, Aceyalone
We Work Nights Gold Panda