Marketplace for Tuesday, June 10, 2008
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In the wake of the massive tomato recall, the White House is asking Congress for $275 million more to increase FDA staff and inspections in its effort to secure the food supply. John Dimsdale reports.
Moody's, Fitch and other ratings agencies have been slammed for not spotting the risks in the subprime mortgage market. Now they're hard at work to earn back their reputations. Amy Scott reports.
It's hard to walk into the grocery store without experiencing sticker shock. But economist and commentator Tyler Cowen says as time passes we'll get so used to the higher prices, we may even be tempted to splurge.