Marketplace for Tuesday August 26, 2014
Aug 26, 2014

Marketplace for Tuesday August 26, 2014

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The durable goods number today came with a mixed message. They were up big, but only because Airline companies bought lots of planes. Take that number out, and things don’t look so rosy. Plus, according to data from the credit agency TransUnion, the national credit card delinquency rate has declined to its lowest level in the last seven years, to 1.16 percent. Banks are known to make revenue from credit card debt and late payments, but how much do they depend on them? Is this latest trend affecting their business – and is the improvement in the payment delinquency rate a blip? Also, CNN is offering buyouts to older employees with several years on board. But what’s the personal calculation when you get an offer in your late 50’s, several years away from retirement, with a comfortable salary. Is it a boon or a jump off a cliff?

Segments From this episode

Amazon buys Twitch for $970 million

Aug 26, 2014
The hot start-up boasts huge viewership and Amazon is paying big bucks for it.

Weathering the Ebola epidemic in Liberia

Aug 26, 2014
It's not just Ebola that's hurting people in West Point, Monrovia.

Families search for affordable water in Detroit

Aug 26, 2014
We talked with Detroiters as they looked for relief at a water affordability fair.

Here's why the durable goods number is soaring

by
Aug 26, 2014
Today's great durable goods number doesn't necessarily mean that all is well.

The credit card delinquency rate is at a 7-year low

Aug 26, 2014
Rates are actually "considerably lower" than before the recession hit.

4 questions to ask if you're offered a late-career buyout

Aug 26, 2014
Congratulations, you're being offered a buyout. Is that... good?

A 'knee defender' diverted a United Airlines flight

Aug 26, 2014
A battle in the war for legroom on a plane.

Crowdfunding the path to college

Aug 26, 2014
More students are banking on the generosity of strangers to foot their bills.

The durable goods number today came with a mixed message. They were up big, but only because Airline companies bought lots of planes. Take that number out, and things don’t look so rosy. Plus, according to data from the credit agency TransUnion, the national credit card delinquency rate has declined to its lowest level in the last seven years, to 1.16 percent. Banks are known to make revenue from credit card debt and late payments, but how much do they depend on them? Is this latest trend affecting their business – and is the improvement in the payment delinquency rate a blip? Also, CNN is offering buyouts to older employees with several years on board. But what’s the personal calculation when you get an offer in your late 50’s, several years away from retirement, with a comfortable salary. Is it a boon or a jump off a cliff?