Marketplace for Tuesday, October 16, 2007
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Segments From this episode
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke have modified their public statements on the state of the U.S. housing market. Each now says they see a significant risk to the economy. Steve Henn reports.
Democratic lawmakers on Capitol Hill want companies such as Verizon and MCI to detail how they've participated in federal eavedropping. But the companies say the executive branch won't let them tell. Evan Perez of the Wall Street Journal explains with Kai Ryssdal.
Remember in grade school when you had the cool kids and the losers? The Scripps media company has taken a page from the 5th grade handbook. Broadcast darlings like HGTV and the Food Network on one side, old-media slackers like newspapers on the other. Jeff Tyler reports.
The European Commission won a landmark case against Microsoft last month, in which it charged the company with maintaining a monopoly on computer operating systems and media players. Commentator Barry Lynn says Washington ought to think like the Europeans.
The high end of the retail market has been immune to the queasy economy. Adults with disposable income have kept brand-name retailers feeling no pain. But Andrea Gardner tells us the average luxury consumer is getting younger -- much younger.