Marketplace for Thursday, May 8, 2008
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Segments From this episode
Fannie, Freddie ease mortgage rates
Mortgage rates in some markets came down today, with banks offering certain jumbo loans at a little above 6% -- a lot cheaper than last week. Banks are loosening up on lending again because Fannie Mae and Freddie Mac have a new strategy. Jill Barshay reports.
Laptop prices expected to rise too
While it seems the price of everything is rising, electronics -- computers in particular -- are getting more powerful and cheaper at the same time. But Lisa Napoli reports that's about to end.
India halts trading to slow food prices
India's government has decided it's had enough with rising food prices. It has suspended futures trading for some key commodites there, including soybean oil, chickpeas and potatoes. Sam Eaton reports.
Baskin-Robbins is going soft
Baskin-Robbins, the biggest ice cream chain in the world, says it's branching out into soft-serve. Ashley Milne-Tyte has the scoop.
Palace 2.0 mixes history, consumerism
In World War II, scores of cultural landmarks in Germany were destroyed, including former royal palaces. Some were rebuilt quickly, while others are only now being revived as Germans look to connect with their past. Brett Neely reports.
China's next wave will hit our wallets
Commentator and investment strategist Andy Rothman says economic development pushed by Beijing will be great for Chinese workers and the environment, but now all of us will have to pay part of the cost.
What will Americans do with rebates?
Tax-rebate checks go out Friday as part of the $150 billion economic stimulus effort. And retailers are eager for a cut of your cash. We went looking for some of the more unusual ways people are planning to spend their rebates. Kai Ryssdal reports.
Corporate giants get fat on food crisis
In our continuing series, "Food Fight," we look at the profitable side of the global food crisis. Sarah Gardner reports on the big agribusiness firms that are breaking earnings records as everything from grains to soybeans skyrockets.