Mar 5, 2013

Marketplace for Tuesday, March 5, 2013

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The Venezuelan government announces the death of President Hugo Chavez. Meanwhile, the Dow Jones Industrial Average hit a new record high, but does that mean the overall economy is better? Americans lost an average of 40 percent of their wealth from…

Segments From this episode

In defense of clowns

Mar 5, 2013
Germany's Circus Roncalli responds when the leader of the German opposition calls the frontrunners in the Italian election "clowns."

What's up, Europe? The austerity edition

Mar 5, 2013
A guide to living under austerity (and that's another word for sequester).

New FOX sports network: More games, higher cable bill?

Mar 5, 2013
More competition to win TV contracts could drive up cable costs.

Seizing homes, seizing lives: The anatomy of a Shanghai land grab

Mar 5, 2013
The story of Maggie Lane, a Shanghai land grab gone wrong. Forty million Chinese people have lost their homes to local governments, bent on boosting GDP. The incoming government of Xi Jinping may change that.

Dow hits new high, erasing crisis swoon

Mar 5, 2013
Does the new Dow high mean mission accomplished for the U.S. economic recovery? Not so fast, but it closes another chapter on the financial crisis.

Wealth effect: Has the Dow high restored yours?

Mar 5, 2013
The recession and stock market collapsed cost Americans 40 percent of their net worth. Now that the Dow is back, how much wealth has been recovered?

The economic legacy of Hugo Chavez

Mar 5, 2013
Venezuelan Vice President Nicolas Maduro says President Hugo Chavez has died. We look back at the legacy the leader left behind.

The Venezuelan government announces the death of President Hugo Chavez. Meanwhile, the Dow Jones Industrial Average hit a new record high, but does that mean the overall economy is better? Americans lost an average of 40 percent of their wealth from 2007 to 2010. Fox is launching a new 24-hour cable sports network that will directly compete with ESPN. And the Chinese government is moving ahead with legislation to combat land seizures from the nation’s 650 million farmers.

Music from the episode

Spilt Milk Dujeous
Enough Dujeous
Kennedy Ratatat