Marketplace for Wednesday, Dec. 12, 2007
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After hearing howls of complaint that it didn't cut interest rates enough, the Federal Reserve announced a plan today to get liquidity liquid again. Marketplace's New York bureau chief Jill Barshay explains, with Kai Ryssdal.
Reserves of heavy oil are estimated to be in the trillions of barrels. But extracting it is a huge and expensive problem. Now, in a study published in the journal Nature, researchers say they might have discovered a cheaper way. Janet Babin reports.
The Chinese don't drink much apple juice, but they produce two-thirds of the world's supply. This has been a bad year for China's apple crop, which is going to hurt us at the check-out counter. Jeff Tyler reports.
Dow Jones shareholders, mainly the Bancroft family, are expected to formally approve the takeover by Rupert Murdoch's News Corp tomorrow. They'll get $5 billion in exchange for giving up the Wall Street Journal. Stacey Vanek-Smith reports on what's in store for the companies and the paper.
In the Democratic presidential race, the question of whether Americans should be required to buy health insurance is generating increasingly heated rhetoric. But commentator Robert Reich says the candidates ought to just cool it.
Foundations control about $550 billion worth of charitable assets in the United States. In the next installment of our philanthropy series, we look at how many foundations have taken a page from the for-profit handbook. Ashley Milne-Tyte reports.
Some people in the field of grant giving now believe charities can improve their social returns by becoming investors, not just donors. It's an idea called mission investing. Mark Kramer, founder of FSG Consulting, explains it to Kai Ryssdal.
A new web ad by Freddie Mac says 25% of homeowners facing foreclosure go to the Internet first when they look for help. Which is, of course, where they get into trouble. Check out the video here.