Marketplace for Tuesday July 8, 2014
Jul 8, 2014

Marketplace for Tuesday July 8, 2014

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After a blaze of success that propelled it into going public, the Crumbs cupcake company is going out of business. We look at the object lessons that other one-product businesses might take from the Crumbs saga. Plus, a new report looks at grads who came out in the early days of the recession and concludes they’ve done just fine. They have, but only because they got in before things really hit the fan. We look behind the numbers. Also, seems Silicon Valley interns get paid a lot of money. Like, six grand a month, in some cases. What do they do to make that kind of cash, and why would any company want to pay an intern that much? We report.

 

Segments From this episode

Economy is booming... for now

Jul 8, 2014
Marketplace host Kai Ryssdal talks to New York Times's Neil Irwin about his recent piece "Welcome to the Everything Boom, or Maybe the Everything Bubble."

The happy accident that changed squirt guns forever

Jul 8, 2014
Lonnie Johnson dreamed of inventing, but never knew he'd be famous for a toy.

Older workers struggle for cred in new economy

Jul 8, 2014
Workers over 55 are less likely to be laid off but more likely to stay unemployed.

Berkeley, California wants to sell marijuana too

Jul 8, 2014
California wants in on the marijuana market.

How to make $7k a month at your high school internship

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Jul 8, 2014
What are Silicon Valley interns doing to be making 5 to 7 grand a month?

Just how bad was it to graduate into the recession?

Jul 8, 2014
A new report says the Class of 2008 got out of school in the nick of time

After a blaze of success that propelled it into going public, the Crumbs cupcake company is going out of business. We look at the object lessons that other one-product businesses might take from the Crumbs saga. Plus, a new report looks at grads who came out in the early days of the recession and concludes they’ve done just fine. They have, but only because they got in before things really hit the fan. We look behind the numbers. Also, seems Silicon Valley interns get paid a lot of money. Like, six grand a month, in some cases. What do they do to make that kind of cash, and why would any company want to pay an intern that much? We report.

 

Music from the episode