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Marketplace for Wednesday June 25, 2014
Jun 25, 2014

Marketplace for Wednesday June 25, 2014

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The US economy shrank at an annual rate of 2.9 percent in the January-March quarter, according to the latest figures from the Commerce Department. Its estimates a month ago indicated the first-quarter contraction was just one percent. We explore the limited significance of the latest gloomy figures in the current climate of optimism. Also, turns out there may be a crack in the U.S. ban on oil exports, something producers in fracking regions are currently lobbying for. And the ultralight oil produced by fracking is what’s seeping through that crack. Fracked oil is so light that refineries aren’t set up to handle it, intensifying a surplus that already exists because of high production. We investigate.

Segments From this episode

How to get parents to pay $169 for a toy robot

Jun 25, 2014
The sound of the educational technology sell.

The record industry is a lot like Wall Street

Jun 25, 2014
Author Gareth Murphy says one day the record industry will face another crash

After court verdict, what do I do with Aereo account?

Jun 25, 2014
Now that video streaming company Aereo has lost out to major broadcasters, what will its users do?

The unheralded path to success: be invisible

Jun 25, 2014
Not everyone has to be an extroverted self-promoter to succeed

Oil from fracking may end U.S. ban on exporting oil

Jun 25, 2014
Ultralight oil made by fracking is seeping through cracks in the U.S. ban on oil exports.

GDP fell, and is rising again

Jun 25, 2014
The U.S. economy contracted 2.9 percent in the first quarter. Severe winter weather drove the decline. Spring has been much rosier for the economy.

$200 a month for TV in 2020

Jun 25, 2014
And other reasons we're cutting the cord.

Do you remember life before the bar code?

Jun 25, 2014
Marketplace Datebook for Thursday, June 26, 2014.

The US economy shrank at an annual rate of 2.9 percent in the January-March quarter, according to the latest figures from the Commerce Department. Its estimates a month ago indicated the first-quarter contraction was just one percent. We explore the limited significance of the latest gloomy figures in the current climate of optimism. Also, turns out there may be a crack in the U.S. ban on oil exports, something producers in fracking regions are currently lobbying for. And the ultralight oil produced by fracking is what’s seeping through that crack. Fracked oil is so light that refineries aren’t set up to handle it, intensifying a surplus that already exists because of high production. We investigate.