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Marketplace: Monday, April 6, 2004
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A look at today's markets (closing numbers)
 DOW 12.44 (.12%) ;  NASDAQ 19.22 (.92%) ;
S&P 500 2.41 (.21%)
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Newscast
Today the Wall Street Journal reported that during the boom years of 1996 through 2000, more than 60 percent of U.S. corporations didn't pay any federal income taxes - despite the nominal tax rate for big corporations being 35 percent.
The industrialized world is getting fatter - and institutions like the World Health Organization and the Centers for Disease Control are ringing alarm bells about the health consequences. But what about the financial consequences?
This week we note a serious boom in the soybean business. Since August, prices have more than doubled. That's great news for farmers - but what does it mean for the rest of the economy.
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Features |
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Music Bridge: Belleville Rendez-Vous - Sylvain Chomet
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How to Beat OPEC
Gas prices are at new record highs. Today the American Automobile Association reported the national average for regular unleaded is $1.77 a gallon. That's two cents higher than the all-time record set last summer. Not only has our historic driving season yet to start, but just last week, OPEC said it's tightening the spigots. That leaves drivers - and policymakers - wondering what to do about rising gasoline costs.
Commentators: Barry Nalebuff and Ian Ayres
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Music Bridge: Only So Much Oil in the Ground - Tower of Power
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Persian Rugs For Sale
In a few weeks armchair travelers who enjoy National Geographic magazine will be able to buy its line of armchairs, tables, beds and nightstands. The magazine's new furniture collections will debut at a trade show in North Carolina. Once upon a time, when people wanted that sort of thing, they imported pieces from overseas - Indonesian carved wood screens, Danish modern dining room sets. And of course Persian rugs. But as production methods have changed, those rugs, at least, have lost some of their allure.
Reporter: Borzou Daragahi |
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Music Bridge: Chipmunk - Mr. Scruff
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Homeless Economics
Each winter many cities put special plans into action to to make sure their homeless population isn't left out in the cold. But now that spring has arrived, what happens to the homeless? They may not make the nightly news, but they're still among us. Here in Los Angeles, an estimated 85,000 people make up the county's 'placeless population'. Advocates for the homeless are trying to make sure these thousands have food to eat and cots to sleep on even as the weather gets warmer. But some prefer life on the street to a bed inside.
Reporter: Jeff Tyler
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Music Bridge: Can't Let Go - Lucinda Williams
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Coming up on Marketplace...
Inside the mind of a teenage computer hacker.
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<< - Back to 04/05 Newscast
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