Marketplace for Wednesday, August 6, 2008
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Segments From this episode
Another down quarter for Freddie
Freddie Mac posted its fourth-straight quarterly loss, signaling continued gray skies in the housing market and reminding investors of the firm's uncertain future. Alisa Roth reports.
Corn prices pop ADM's ethanol profits
Rising costs have driven Archer Daniels Midland, the world's largest grain processor, to plan a move away from corn as the primary component in its ethanol production. Dan Grech reports.
Private prisons hold on in hard times
America's largest private prison operator is preparing to report its earnings and analysts are wondering how the for-profit prison industry will cope with a down economy. Ashley Milne-Tyte reports.
Old tech could deliver $12 computer
First, the $100 laptop. Now, computers as inexpensive as $12. An MIT team hopes to create the low-cost machines by looking to technology from the early days of computing. Nancy Marshall Genzer reports.
Slowdown could help China open up
Protests have already begun near Olympic sites in Beijing in anticipation of Friday's opening ceremonies. Commentator David Frum wonders if a slumping economy might be the key to opening up Chinese society.
Clocking China's economic pace
While the world watches the speed of its athletes, China's economy continues sprinting on as well. Now economists are trying to determine just how fast it's going. Scott Tong reports.
Commodities coming down from highs
So far, 2008 has been a roller coaster year for commodities. Host Kai Ryssdal talks with Financial Times columnist John Authers about the role speculation played in the wild prices.
Finding value in lumber mill leftovers
Demand for sawdust has grown tremendously, with prices in some parts of the country doubling. But the housing slump means there's less of this unlikely commodity to go around. Nina Keck reports.
Music from the episode
Digital Love Daft Punk
The Melody of a Fallen Tree Windsor For The Derby
Jessfield Park - Instrumental The Shanghai Restoration Project
Mondo '77 Looper