Marketplace for Thursday, October 2, 2014
Oct 2, 2014

Marketplace for Thursday, October 2, 2014

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The dollar is getting stronger. For that, you can thank the decision to roll back quantitative easing in the U.S., and the European Central Bank's decision to do more QE in the EU. Some people love a strong dollar, but others don't. We look at why the dollar's doing better, and who the winners and losers are this time round. Meanwhile, oil prices are falling in part because the global production of oil is reducing Saudi Arabia's — and therefore OPEC's — influence. Saudi Arabia was the swing state that could turn production up or down to affect prices. Now it's keeping production up despite falling prices to avoid losing foreign buyers. Plus, Warren Buffett's Berkshire Hathaway is getting into the auto market. The company is buying the Van Tuyl Group, which is America's fifth-largest dealership. The purchase price is unknown, but we do know that whatever Buffett does, others watch very closely. What's behind the move, and what does it say about the auto biz?

Segments From this episode

Danger in the U.S.' booming oil and gas fields

Sep 26, 2014
How many deaths push regulators to act? Coal mining disasters provide one answer.

How money gets made when people snap up web domains

Oct 2, 2014
The list of what can come after the 'dot' in a web address is growing.

Saudi Arabia is losing its grip on oil

Oct 2, 2014
A global glut of oil has potential to pit key suppliers in a price war.

Why the world is so bullish about the dollar

by
Oct 2, 2014
The causes of the rising dollar, and the winners and losers.

The case for buying up car dealerships

Oct 2, 2014
Berkshire Hathaway is buying the country’s fifth-largest group of auto dealers.

Quincy Jones on Clark Terry, a godfather of jazz

Oct 2, 2014
Terry was known for integrating "The Tonight Show" Band back in 1960, and taught jazz to Miles Davis, Winton Marsalis and Quincy Jones.
Justin Kauflin and Clark Terry in "Keep on Keepin' On."
Courtesy:RADiUS-TWC

Tell us what the economy feels like to you

Jan 27, 2015
There's a lot of talk about how the economy is improving. We want your story.

The dollar is getting stronger. For that, you can thank the decision to roll back quantitative easing in the U.S., and the European Central Bank’s decision to do more QE in the EU. Some people love a strong dollar, but others don’t. We look at why the dollar’s doing better, and who the winners and losers are this time round. Meanwhile, oil prices are falling in part because the global production of oil is reducing Saudi Arabia’s — and therefore OPEC’s — influence. Saudi Arabia was the swing state that could turn production up or down to affect prices. Now it’s keeping production up despite falling prices to avoid losing foreign buyers. Plus, Warren Buffett’s Berkshire Hathaway is getting into the auto market. The company is buying the Van Tuyl Group, which is America’s fifth-largest dealership. The purchase price is unknown, but we do know that whatever Buffett does, others watch very closely. What’s behind the move, and what does it say about the auto biz?

Music from the episode

Sunrise The Kooks
Pop It Anamanaguchi, meesh
Cold 'Tater Stomp Clark Terry's Big-B-A-D-Band
Black Lemon Generationals