Jul 8, 2010

Marketplace for Thursday, July 8, 2010

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Marketplace for Thursday, July 8, 2010

Segments From this episode

Twitter founders: Grow biz, 'Be helpful'

Jul 8, 2010
From the Aspen Ideas Festival, Twitter co-founders Biz Stone and Evan Williams talk about the origins of the social networking service, the value of trivial tweets, and the monetization platform they are launching that involves promoted tweets and trends.

What can the Fed do to help recovery?

Jul 8, 2010
In Washington, politicians can't agree if they should wind down the stimulus to keep the deficit under control or give the economy another kick. It turns out a similar debate is happening across town at the nation's central bank. What should the Federal Reserve do? John Dimsdale reports.

Retail data: Signs of a new consumer?

Jul 8, 2010
New retail sales figures show shoppers continued to hold back last month. And a report says that the number of Americans behind on their credit cards is the lowest in eight years. So, are we looking at a new consumer? Frugal, responsible and forever changed? Or are shoppers just holding back on the plastic? Jeff Horwich reports.

Why Wells is pulling out of risk loan biz

Jul 8, 2010
Wells Fargo has announced it's closing its 600 or so "financial stores." The bank also said it will stop selling subprime loans. Well, what took so long? Eve Troeh reports.

VA relaxes PTSD qualification rules

Jul 8, 2010
The Veterans Administration is relaxing its strict qualification rules that have left many veterans lost in a paperwork maze. This could help not only hundreds of thousands of vets from Iraq and Afghanistan, but also Vietnam veterans still trying to prove they qualify for benefits. Gregory Warner reports.

Cities slash public safety budgets

Jul 8, 2010
State and local governments are still feeling economic uneasiness. Experts say this is creating another wave of layoffs. Mike Moen reports on the situation in Northern Illinois, where some municipalities are shedding jobs in crucial areas -- including public safety.

Mobile pay changes the way we do biz

Jul 8, 2010
Living in a digital world is changing how we live -- everything from how we get our news and information to how much money we carry in our pockets. Janet Babin reports on mobile pay via social media like Twitter or through your cell phone.

Music from the episode