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Marketplace: Friday, April 16, 2004
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A look at today's markets (closing numbers)
 DOW 54.51 (.52%) ;  NASDAQ 6.43 (.32%) ;
S&P 500 5.57 (.51%)
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Newscast
The U.N would like to form a caretaker government in Iraq. Such a move would help the U.S. end its occupation by June 30th as promised. But by 'ending the occupation' it's a transfer of sovereignty, not an end to the U.S. military presence. The pressure is still on the Pentagon to keep up troop strength. So recruitment is a critical factor. Given the ugly news coming out of Iraq, you'd think recruitment would be down. But you'd be wrong.
There's a school on the eastern shore of Maryland called Salisbury University. If you wanted to get a snapshot of the economy, an event sponsored by Salisbury was the place to be today. The President of the Richmond Federal Reserve Bank offered a tidbit to those worried about when interest rates will be going up. "We're still some distance from that, in my view," he said. Yet there are some inflationary pressures, he admitted. Many of us have noticed energy bills rising - though we've yet to kick on the A/C.
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Features |
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Music Bridge: Cosmic Funk - Lonnie Liston Smith
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The Porn Industry Takes a Hit
Those of you who think the New York Times and the Washington Post are the only must-reads may not have heard the word: Our friends across town at the Los Angeles Times won five Pulitzers this month. Junky papers don't win Pulitzers. So today, when the paper reported a virtual shutdown of filming in the porn business, you knew the editors weren't aiming for the cheap seats. The porn industry is a multi-billion dollar enterprise centered in the San Fernando Valley. More than 6,000 people rely on porn for paychecks. It can also be a very dangerous business. So when a couple of stars get very bad news, nearly all the lights go out.
Reporter: Lisa Napoli
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Music Bridge: Channel 1 Suite - Cinematic Orchestra
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The Tabloids Bend it Like Beckham
Now we turn to the seamier side of the newspaper business. It thrives along London's Fleet Street: home of daily sensations and dubious revelations. Tabloids with young royals caught smooching by the paparrazi sell briskly to the huddled masses streaming out of the tube stations. But a scandal involving the country's most famous soccer star is setting new highs for lowbrow media.
Reporter: Stephen Beard |
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Music Bridge: Chicken Dog - Jon Spencer Blues Explosion
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The Week on Wall Street
Another week of ups and downs on Wall Street. What does it mean? We'll try and analyze it for you.
Q+A: Host David Brown with David Johnson
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Wait! Was That Who I thought it was?
If you watch a lot of TV, you may have seen an ad recently featuring a certain Prime Minister making a sales pitch. The million-dollar spot is running in Europe, too. When we caught a glimpse of it, we ran it past our Tokyo bureau chief, hoping she could get to the bottom of this curiously 'commercial' appeal.
Reporter: Jessica Smith |
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Music Bridge: Opportunities - Pet Shop Boys
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Searching for a Sitter...
Around our office, the buzz about what picture to see this weekend goes to "Kill Bill 2". That is, if we can scratch up enough spare cash for the tickets and popcorn and the sitter. Someone's got to take care of the kids. Alas, we can't help you with the tickets and popcorn. But at the Marketplace Work and Family Desk, we have discovered what might be a workable solution for Moms and Dads in need of a night on the town.
Reporter: Steve Henn |
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Music Bridge: Meet the Zony Mash - Zony Mash
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Coming up on Monday
Picking sides for the next big copyright war.
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<< - Back to 04/15 Newscast
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