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Friday Evening, July 28, 2006

Great news! The economy's tanking!

Gross Domestic Product was cut in half last quarter. Yet, it was all sunshine and light on Wall Street today. Does anybody really know what's going on?

Congress makes last-minute push

Before they take their summer break, Washington lawmakers are trying to pass a number of measures that so far have stalled this year. Marketplace's John Dimsdale talks with Kai Ryssdal about Congress' deadline pressure.

Wal-Mart says auf wiedersehen

The world's largest retailer is going to close all of its stores in Germany and take about a $1 billion loss. Lisa Napoli reports that Wal-Mart failed to understand the German consumer.

Unusual trading activity uncovered

The Wall Street Journal says it's found evidence of potential insider trading shortly before several recent big buyout announcements, including at hospital chain HCA. Kai Ryssdal talks to Journal reporter Dennis Berman.

GDP needs an overhaul

Is the Gross Domestic Product a good measure of the nation's economic health? Commentator Hazel Henderson says it misses a few things.

Week on Wall Street

Kai Ryssdal talks with Dallas stockbroker David Johnson about the week on Wall Street and what's ahead for the markets.

Putting the squeeze on middle managers

A huge legal fight is underway to define employees whose positions are between the managers and the worker bees. Scott Tong reports that the government is expected to give management a huge victory.

Counting down Top of the Pops' run

After nearly 42 years on the air, Top of the Pops counts down its last Top 40 on BBC television this weekend. Stephen Beard reports.

MUSIC FROM THIS SHOW

Pocket Calculator
Kraftwerk

In the Early Morning / Doleful Lions
Incubus

Retirement Song
Medeski, Martin, and Wood

All Day and All of the Night
The Kinks

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NASDAQ -0.95 NASDAQ
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Standard and Poors 500 -1.79 S & P
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