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Marketplace for Thursday June 5, 2014
Jun 5, 2014

Marketplace for Thursday June 5, 2014

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The European Central bank has put in place a “negative interest rate” policy, in hopes of stimulating its economy. We explain what a negative interest rate actually is, and how it will affect the Eurozone economy and that of trading partners like the US. Plus, new data shows the number of American homeowners who are underwater, owing more to banks than their homes are worth, continues to decline. We explore what that means for homeowners and the economy as assets increase and homeowners regain mobility.

Segments From this episode

Data: The secret ingredient in hospital cooperation

Jun 5, 2014
Sharing patient information could save billions a year, but it doesn't happen.

Britain is giving subsidies for rock music

Jun 5, 2014
U.K. arts subsidies used to be mainly for ballet and theater. That's changing.

Vehicle ignitions aren't the only problem at GM

Jun 5, 2014
General Motors CEO Mary Barra responds.

So, who's picking up the doughnuts?

Jun 5, 2014
Marketplace Datebook for Friday, June 6, 2014

Ikea: New Yorkers spend a lot of time in the bathroom

Jun 5, 2014
In which Ikea reveals it knows way too much about us.

What negative interest rates mean for the Eurozone

Jun 5, 2014
People who save money usually get paid. Now, European banks pay for the privilege.
Traders work under the index board that shows the DAX has broken the 10,000 mark for the first time ever at the Deutsche Boerse exchange on June 5, 2014 in Frankfurt, Germany. The rise comes after European Central Bank President Mario Draghi announced record low interest rates. 
Thomas Lohnes/Getty Images

Fewer homeowners drowning in mortgage debt

Jun 5, 2014
New data shows the number of American homeowners underwater continues to decline.

The European Central bank has put in place a “negative interest rate” policy, in hopes of stimulating its economy. We explain what a negative interest rate actually is, and how it will affect the Eurozone economy and that of trading partners like the US. Plus, new data shows the number of American homeowners who are underwater, owing more to banks than their homes are worth, continues to decline. We explore what that means for homeowners and the economy as assets increase and homeowners regain mobility.

Music from the episode

Enough Dujeous