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Marketplace for Thursday, May 30, 2013
May 30, 2013

Marketplace for Thursday, May 30, 2013

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The recession lays claim to something else: a distorted perception of what a normal benchmark should be. Case in point: Mortgage rates at 4 percent. Also, we look at internships at the start of summer. What's the benefit of taking an internship for college credit? Quite a lot, actually. Across the world, we take a another walk down the Street of Eternal Happiness.

Segments From this episode

New entries in the AP Stylebook: 'Flash mob,' 'Google Hangout'

May 30, 2013
The go-to manual for print media turns 60 this year.

Jailed for capitalism on the Street of Eternal Happiness

May 30, 2013
A box of letters traced back to the Street of Eternal Happiness reveals one family's struggle after the Mao revolution. The husband was jailed for practicing capitalism. His wife was left behind to take care of their seven children.

How the financial crisis messed up all our benchmarks

May 30, 2013
OMG! Mortgage rates are surging to 4 percent! The financial crisis and recession distorted our perception of what a normal benchmark should be.
Traders watch stock tickers as they work on the trading floor at the New York Stock Exchange on September 9, 2011 in New York City.
Justin Sullivan/Getty Images

How America helped weaken OPEC

May 30, 2013
The boom in U.S. oil production has disrupted global oil’s pecking order and caused fractures inside the once all-powerful OPEC.

Rolodexes: A thing of the past?

May 30, 2013
Private equity group KKR has nabbed David Petraeus for his global Rolodex. In the age of Microsoft Outlook and smartphones, does anyone really use a Rolodex anymore?

The difference between a paid and unpaid internship? A job later

May 30, 2013
Students may want to think twice about working for free: interns who get paid are almost twice as likely as their unpaid counterparts to get a job offer when they graduate.

Modified wheat creates more questions than answers for Northwest farmers

May 30, 2013
Wheat farmers in the Pacific Northwest wait for more news on unapproved genetically engineered wheat discovered in Oregon.

In Pakistan, electrical outages are political

May 30, 2013
Pakistan desperately needs a solution to their failing electrical grid. Does the new Prime Minister have the answers?

The recession lays claim to something else: a distorted perception of what a normal benchmark should be. Case in point: Mortgage rates at 4 percent. Also, we look at internships at the start of summer. What’s the benefit of taking an internship for college credit? Quite a lot, actually. Across the world, we take a another walk down the Street of Eternal Happiness.