Playlist: Oil prices and Internet dating soar
Posted by Daryl Paranada…
Posted by Daryl Paranada
For Marketplace Morning Report, Monday, February 18, 2011
Unrest in Libya has pushed oil prices up. While in Egypt, the slow process of reopening businesses, schools, banks and museums happened over the weekend — following the political turmoil that led to the resignation of former president Hosni Mubarak.
In the wake of the turmoil in Egypt, the U.S. government is discussing the merits of a switch that would shut the Internet down. And speaking of the Internet, online dating still remains a lucrative business, even though revenue has been flat in recent years.
In more tech news, experts have advised U.S. financial regulators to place tougher rules on high-speed computer trading — this in the wake of the 2010 “flash crash” in which the Dow plunged nearly 1,000 points.
In worlds news, representatives from the G-20 are meeting to discuss global imbalances in the economy.
And finally, Fortune Magazine’s Allan Sloan tells us why he’s bored with the latest Congressional budget talks.
Here are the songs we played: